Saxo Market Call

Today, a brief wrap of yesterday's equity market session in the US, which repeated some of the recent AI hardware vs. SaaS performance divergences. A couple of key AI-chip and hardware names reported with results that didn't satisfy the market. We also look at the US CPI release and the reaction across macro, noting a key US treasury auction up later today. Also, we read alou...

Today, an emphasis on the importance of this US July CPI hurdle today and different scenarios based on what the data shows, all while emphasizing that geopolitics and the crude oil price are a very important independent variable as well. Also, a look at more AI hardware companies reporting yesterday and the market reception of those earnings reports as well as the next batch ...

Today, we delve into the ongoing development of the "super el Niño" weather phenomenon, running through the difficulty in assessing the scale of potential impacts. Elsewhere, oil markets and refined product markets are spiking on the latest escalation in supply uncertainties from the Middle East. This we discuss with Saxo Head of Commodity Strategy Ole Hansen, together with t...

Today, a look at how the market is positioned ahead of today's US jobs data and how a surprise - especially a negative surprise - might read across markets. Also, a brief discussion of polysilicon supply chains, which may surprise you, as China only dominates one of the key two production types. Also, a preview of the many interesting names reporting earnings next week. This ...

Today, we look at the latest market moves as we position the importance of Friday's US jobs report, noting the reaction to key incoming earnings from Western Digital and Sandisk in particular and the impressive rally move in gold and silver. Considerable coverage as well of Victor Niederhoffer, a larger than life Wall Street figure who died this Tuesday and whose life inspire...