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Latest articles

17 December 2009

Saxo Bank Releases 'Outrageous Claims' for 2010

Andrew Arnold, Trading Floor Editor

Saxo Bank has today released its annual "Outrageous Claims", this year predicting devaluation of the CNY, the emergence of a third political party in the US, a massive fall in the price of sugar, a positive US trade balance for the first time since the 1975 oil crisis, and that the US Social Security Trust Fund will go bust.

08 December 2009

New trading opportunity – CFD on Carbon Emissions (CO2)

Andrew Arnold, Trading Floor Editor

Saxo Bank has launched a CFD product based on the price of ECX EUA Carbon Emissions. “This will provide investors with increased transparency into the cost and price of carbon emissions. The cost of carbon emissions has been very strongly related to energy prices such as oil, natural gas and coal,” said Claus Nielsen, Head of Markets, Saxo Bank.

03 December 2009

A new guide to global economic indicators for Forex traders

Andrew Arnold, Trading Floor Editor

There are so many economic indicators that keeping a solid grasp on the Forex market is difficult. Saxo Bank has gathered the most important into a new publication that gives a signpost to the development of the global economy

01 December 2009

CMBS delinquencies on the rise, again

Robin Bagger-Sjöbäck, Research Analyst

Realpoint (credit-rating agency) research reported the first decline in delinquent unpaid balance for commercial mortgage backed securities (CMBS) in July this year. Unfortunately, it seems to have been a one-of-a-kind event, at least for this year.

27 November 2009

UK has the greatest exposure to Dubai

Andrew Arnold, Trading Floor Editor

Following the negative news about Dubai, we provide below some information regarding the aggregate European exposure to the UAE using BIS data (based on consolidated and ultimate risk basis).

The UK is the European economy that has the largest exposure to the UAE with around USD50bn of outstanding loans as of June 2009, more than half the total European exposure.