16 min

Consensus macro positions getting poked with a very sharp stick‪?‬ Saxo Market Call

    • Investing

Today's slide deck: https://bit.ly/3vzJ4TF   -


Today we note the significant further developments on the back of Wednesday's FOMC meeting, with new twists in the US yield curve after the knee-jerk reaction, a suddenly supercharged JPY and commodities reeling amidst USD strength, all suggesting that major consensus macro trades are in "pain mode" here. A look at FX, commodities and some sharp shifts in equity market internals and more on the call. Today's pod with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.


Intro and outro music by AShamaluevMusic

Today's slide deck: https://bit.ly/3vzJ4TF   -


Today we note the significant further developments on the back of Wednesday's FOMC meeting, with new twists in the US yield curve after the knee-jerk reaction, a suddenly supercharged JPY and commodities reeling amidst USD strength, all suggesting that major consensus macro trades are in "pain mode" here. A look at FX, commodities and some sharp shifts in equity market internals and more on the call. Today's pod with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.


Intro and outro music by AShamaluevMusic

16 min