Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
Some of the data collected by this provider is for the purposes of personalization and measuring advertising effectiveness.
Some of the data collected by this provider is for the purposes of personalization and measuring advertising effectiveness.
Some of the data collected by this provider is for the purposes of personalization and measuring advertising effectiveness.
Some of the data collected by this provider is for the purposes of personalization and measuring advertising effectiveness.
To provide you with a good experience we sometimes place small files known as cookies on your computer. A cookie is a text file made up of letters and numbers that allows us to distinguish your browser/device from another visitor's browsers/device. To learn more about cookies and how to manage them via your browser/device please visit aboutcookies.org
Summary: Today we look at the ironically in-line US CPI release yesterday and the market eventually deciding that the data was benign. Equity markets rallied into very critical resistance levels as US treasury yields dipped into the range lows and financial conditions eased. While the US dollar was weaker, the big mover in FX was the JPY, which is pounding stronger into anticipation of a further policy tweak at next Wednesday's Bank of Japan meeting. In commodities, we look at the jump in grains on the WASDE report, talk natural gas, metals as gold has traded into key levels after the CPI release and more. Today's pod features Ole Hansen on commodities and John J. Hardy hosting and on FX.
Listen to today’s podcast - slides are available via the link.
Follow Saxo Market Call on your favorite podcast app: