11 min listen
Macro and FX: Watch USD sentiment and BoJ hints on rate policy
FromSaxo Market Call
ratings:
Length:
14 minutes
Released:
Dec 18, 2023
Format:
Podcast episode
Description
This is the last macro episode before the holiday season. We talk about the upcoming macro figures this week and why they might matter less given the Fed pivot on policy rates. The USD weakening last week and we discuss whether the trend will continue into in the year. Finally, we focus on BoJ rate decision tomorrow with expectations looking for no change but markets are certain that BoJ will hint of maybe leaving negative interest rates behind at the January meeting, with Charu Chanana and Peter Garnry.
Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
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Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
Click here to open an account with Saxo
Released:
Dec 18, 2023
Format:
Podcast episode
Titles in the series (100)
Bad news is good news, or so the market thinks: Link to slide deck: https://bit.ly/3L3UV7k - Bad news was good news yesterday as significantly weaker than estimated US August consumer confidence and July JOLTS jobs opening pushed the US 10-year yield lower lifting equities, and especially the cy... by Saxo Market Call