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Saxo Market Call

Business:Investing

Fed terminal rate hits new high. China recovery story stumbling?

2023-02-15

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Link to slide deck: https://bit.ly/3lwPzr7 -

Today we look at the market's unsuccessful attempt to draw meaning from yesterday's CPI data, but US yields ending the day near the highs for the cycle, in terms of Fed expectation ahead of today's US January Retail Sales print. We also look at a significant change of temperature in the China recovery story overnight, discuss AirBnB results and outlook as a sign of a resilient US economy and much more. Today's pod features Peter Garnry on equities, with John J. Hardy hosting and on FX.

Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here.

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Intro and outro music by AShamaluevMusic