Some observers are selling a narrative of a tightening US race, but the outcome for the US Senate is the only issue credibly in play, as a Trump win would mean that the entire polling profession needs to be disbanded. Plenty is at stake, however, on that Senate outcome. Elsewhere,...
Inflation: the biggest challenge ahead. Webinar Invitation.
Join Saxo Bank's inflation webinar to gain a better understanding of inflation, how it can impact your investments and how to hedge against it.In life and the financial market, it is true that by not deciding to move in any direction, you are actually making a choice. This is especially...
Macro Digest: US election – T minus 8 days
We see a closer than expected race for the US presidential election which take place next week. Here we provide our long-term analysis, together with the recent headlines.Our long term analysis: Close to zero impact next four years from who becomes President. Both Biden and Trump have zero willingness or...
Earnings Watch: Patchy clouds on Trillionaires’ Row?
More than half of the combined market value in the global equity market will report earnings this week including the major US technology companies such as Microsoft, Apple, Amazon, Google and Facebook. More than 1,500 companies the global equity market with a market value above $1bn report earnings this week....
Fixed Income Markets: the week ahead
Prepare for a volatile week. With the US election barely one week away, we will see capital flying to safety and a flattening the US yield curve due to uncertainty. It will be just a momentaneous move as in the long-term, US yields will continue to rise as more stimulus...
GBPUSD retesting the channel, potential for further bounce !
GBPUSD retesting the channel, potential for further bounce !
GBPUSD retesting the channel, potential for further bounce !
GBPUSD retesting the channel, potential for further bounce !
Podcast: Earnings reports galore ahead of Election Day next Tuesday.
Markets are in a nervous state as odds shift back and forth on the likelihood of a clean sweep by the Democrats at next Tuesday's US election, the macro event of the year. In the meantime, we have plenty of earnings reports to distract, with a monumental haul of mega-caps...
Possible trend shift in GBPJPY – going short
The Tidal Shift Strategy has just sold GBPJPY at 136.429. The system recommends entering this trade at any price between 136.222 and 136.636. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 3.622, which suggests that...
COT: Bullish commodity bets led by grains jump to 3-1/2 year high
Futures and options positions and changes made by hedge funds across 24 commodity futures during the week to October 20.Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the...