Download - Market shakes off shenanigans, but USD could weigh

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Saxo Market Call

Business:Investing

Market shakes off shenanigans, but USD could weigh

2021-02-03

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Today's slide deck: https://bit.ly/3cxE7Fj -

Today we assess the US equity markets remarkable snapback that has now entirely erased the deleveraging move that unfolded last week on the short-squeeze phenomenon and also discuss whether this is necessarily a sign of market health. Also a look at key earnings report in equities, commodity stock under-performance, whether the stronger US dollar and/or rising US yields represent a headwind for risk sentiment, the reversal of silver prices and more. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.