Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Michael McKenna
Head of Editorial Content, Saxo Bank
Summary: Chinese equities appear prepared to fill the gap to the downside, reports Saxo Head of Equity Strategy Peter Garnry. Futures prices are rolling over as a manufacturing slowdown joins other soft data points. Also, FX markets remain muted but Saxo FX Head John Hardy says that we are seeing some interesting long-term signals from global central banks.