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Commodities: Will Santa deliver another golden gift?

Commodities: Will Santa deliver another golden gift?

FromSaxo Market Call


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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Released:
Nov 23, 2023
Format:
Podcast episode

Titles in the series (100)

The Saxo strategy team delivers insights and opinions about financial markets in a series of weekly podcasts covering all asset classes. Monday is our conversation about macroeconomy, currencies, and central banks. Tuesday is all about fixed-income ranging from governments bonds to credit. Wednesday is a jump into global equities covering earnings, themes, and single stocks. Thursday is our journey into commodities covering everything from natural gas to soybeans.