Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
You can access both of our platforms from a single Saxo account.
Technical Update - AEX25 higher. BEL20 in downtrend. CAC40 range bound
Kim Cramer Larsson
Technical Analyst, Saxo Bank
Summary: AEX25/NETH25 cfd in uptrend. Eyeing 770
BEL20/BELG20 cfd in downtrend finding support
CAC40/FRA40 range bound. Break out needed for direction
AEX 25 broke resistance at around 759 but seems to be rejected at 770 with a Shooting Star like candle Friday. If AEX gets a down day to day it is confirmed and would indicate a top and reversal.
However, the reversal can be a short-lived correction as the RSI is showing positive sentiment and with no divergence thus indicating higher Index levels are in the cards. A test of the February peak at around 777 could be seen.
An Index close below 759 would put the uptrend on hold but to demolish this bullish picture a close below 741 is needed.
NETH 25 cfd levels:
BEL20 is in a downtrend finding support at around 3,667. RSI is in negative territory supporting the bearish picture.
A bearish trend that could take BEL 20 down to around 3,600-3,570 if the Index closes below 3,667
For BEL20 to reverse to an uptrend first indication would be a close above its short-term falling trendline.
A close above 3,815 will confirm an uptrend to 3,900.
BELG20 cfd levels:
CAC40 is caught in a range between 7,500 and 7,300. A close either above or below is needed for direction.
A close above 7,508 is likely to push CAC40 to new all-time highs with potential target at 7,775
A close below 7,300 could see CAC40 to drop to around 7K
FRA40 cfd levels:
Latest Market Insights
Quarterly Outlook
-
-
Quarterly Outlook
Equity Outlook: Will lower rates lift all boats in equities?
Peter Garnry
Chief Investment Strategist
After a period of historically high equity index concentration driven by the 'Magnificent Seven' sto... -
Quarterly Outlook
FX Outlook: USD in limbo amid political and policy jitters
Charu Chanana
Chief Investment Strategist
As we enter the final quarter of 2024, currency markets are set for heightened turbulence due to US ... -
Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
The Fed started the US rate cut cycle in Q3 and in this macro outlook we will explore how the rate c... -
Quarterly Outlook
Commodity Outlook: Gold and silver continue to shine bright
Ole Hansen
Head of Commodity Strategy
-
Quarterly Outlook
FX: Risk-on currencies to surge against havens
Charu Chanana
Chief Investment Strategist
Explore the outlook for USD, AUD, NZD, and EM carry trades as risk-on currencies are set to outperfo... -
Quarterly Outlook
Equities: Are we blowing bubbles again
Peter Garnry
Chief Investment Strategist
Explore key trends and opportunities in European equities and electrification theme as market dynami... -
Quarterly Outlook
Macro: Sandcastle economics
Peter Garnry
Chief Investment Strategist
Explore the "two-lane economy," European equities, energy commodities, and the impact of US fiscal p... -
Quarterly Outlook
Bonds: What to do until inflation stabilises
Althea Spinozzi
Head of Fixed Income Strategy
Discover strategies for managing bonds as US and European yields remain rangebound due to uncertain ... -
Quarterly Outlook
Commodities: Energy and grains in focus as metals pause
Ole Hansen
Head of Commodity Strategy
Energy and grains to shine as metals pause. Discover key trends and market drivers for commodities i...