Market stumbling around, awaiting incoming data.
Saxo Market Call

Market stumbling around, awaiting incoming data.

2023-01-05
Link to slide deck: https://bit.ly/3jN6Co1   - Today, we look at the market continuing to stumble around in the range, with little conviction emerging so far this year. Will this mean a trigger-happy reaction to incoming data? Elsewhere, we look at the gold rally fading, crude oil ripping lower and the Japanese yen mean reverting to weakness after its spectacular two-month rally, a likely sign of near-term exhaustion for that move. We also discuss Amazon chopping more jobs than expected, the still tight US labor market and m...
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