19 min listen
Commodities: Will Santa deliver another golden gift?
FromSaxo Market Call
ratings:
Length:
17 minutes
Released:
Nov 23, 2023
Format:
Podcast episode
Description
Today we talk about the possibility of another Santa rally in gold and silver. The previous six years have had a strong December in those two precious metals - is the setup right again this year? The oil market is nervous with a tricky supply and demand situation with traders awaiting OPEC's next move. For all the weakness in China, Copper is still holding up pretty well and the recent moves from the Chinese government to support real estate developers and the economy could turn things around for copper. In addition, Chinese inventory of copper is at a rock-bottom low, with Ole S Hansen and Peter Garnry.
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Read daily in-depth market updates from the Saxo Market Call and the SaxoStrats here.
Click here to open an account with Saxo
Released:
Nov 23, 2023
Format:
Podcast episode
Titles in the series (100)
Macro and FX: King Dollar, pressures on China, and will ECB hike?: In today's podcast on macro and FX we discuss the ongoing strength of USD which is a function of relative weakness in Europe and China, and to what extent the US inflation report on Wednesday will impact the USD trade. China has been in focus a lot l... by Saxo Market Call