Today features Saxo CIO Steen Jakobsen who takes us through the evidence that stagflation has arrived with sustained higher prices over the horizon while real growth is cratering. We also delve into the copper market, the outlook for a number of currencies, a laundry list of currencies reporting supply chain...

US equities managed their fifth straight positive session yesterday, which has taken the S&P 500 Index close to its all-time highs from early September. US treasury yields are making a splash again as the 10-year benchmark closed at a local high after a prior attempt higher was beaten back. Elsewhere,...

NFLX results are expected today after market close with an EPS forecast at 2.56. Technically, the fast green moving average is above the orange intermediate moving average, and the intermediate orange moving average is above the slow red moving average. Moreover, there is angle and separation to indicate the presence...

US equities closed on a strong note after a brief stumble yesterday as the seasonals are very supportive from here, with softening crude oil prices and bond yields perhaps also behind the improvement in sentiment yesterday. Overnight saw a rare sharp move in the US dollar as the Chinese yuan...

This week there is one news item to rule them all, namely the highly anticipated first Bitcoin futures ETF set to start trading in the US. We walk you through why the surprise new ETF is important, while possibly also meaning hardly anything for the market.A Bitcoin futures ETF is...

USDCAD is in the bearish area on the daily chart on the left. A bearish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and maintenance of that level increase chance of a successful trade. Trend following indicators may be useful in this case as a potential exit...

In the above daily chart, we are using a triple moving average system to assess the trend. Ideally, the short term green EMA>intermediate orange EMA>red long term average in an uptrend and green orange

AUDUSD is in the bullish area on the daily chart on the left. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level and maintenance of that level increase chance of a successful trade. Trend following indicators...

NZDUSD is in the bullish area on the daily chart on the left. A bullish cross of EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 80 level and maintenance of that level increase chance of a successful trade. Trend following indicators...

The contrarian in me is making a bit of a fuss as recent market developments like JPY weakness and commodity currency strength look extremely extended for at least the short term. This week looks short on macro catalysts, but US yields pressing back higher could add some fresh energy and...