• All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Write a Squawk
No posts
  • Article / Yesterday at 23:34 GMT

    Today's Trade: ASX rallies on European lead

    Trading Desk / Saxo Capital Markets
    Today's Trade:  ASX rallies on European lead
    Local markets opened slightly higher across the board. BHP surprised by also being in the green despite JPMorgan's downgrade of the stock. Markets were generally quiet overnight with the US closed for the Thanksgiving holiday. In commodities, oil fell in New York for the first time this week as fears of Russian military retaliation against Turkey dissipated; copper jumped as much as 4.2% while aluminium rose the most since early October.
    Read the article
  • Article / Yesterday at 14:37 GMT

    Thankful for market respite on Thanksgiving

    Director / Accumen Management
    United Kingdom
    Thankful for market respite on Thanksgiving
    Forex markets have gone quiet thanks to the Thanksgiving holiday in the US, which brings some welcome respite. The Australian dollar took a hit overnight from much weaker-than-expected capital expenditure figures. And our tight position on Cable has proved beneficial over the past 24 hours.
    Read the article
    JohnH JohnH
    Hi Ken, on the Australian CAPEX, there are around 7 very large LNG and Mine projects between QLD and WA that are in the process of finishing....
    JohnH JohnH
    Without a concerted push in infrastructure spending by the federal and state governments starting now, I am not optimistic on the pickup in non-mining CAPEX occurring at...
  • Editor’s Picks / Yesterday at 11:36 GMT

    ECB failure spoils 'short of a lifetime'

    The ECB quantitative easing programme's failure to lift inflation back onto the right path has kept European bonds strong, spoiling what US investor Bill Gross called the short trading opportunity of a lifetime, says Bloomberg View columnist Mark Gilbert. Betting on a drop in the value of German government debt initially produced good returns, as the 10-year bund fell as much as 7.4% in the weeks after Gross's remarks in April. But the bund has since rallied off lows and is now down only 2.3% from when Gross first recommended the transaction, Gilbert says. "The initial success of Gross's trading suggestion reflected market expectations that the European Central Bank's QE programme would be a success," Gilbert writes. But instead of lifting inflation towards target, the ECB's €60-billion-per-month bond buying has left Eurozone inflation near zero, and $2 trillion of euro-denominated debt offers negative yields, which means investors are willing to pay to keep their money in safety.
    Read article on Bloomberg
    Go to post
  • Article / Yesterday at 10:19 GMT

    From the Floor: Turkish lira woes reveal tensions

    Saxo Bank
    From the Floor: Turkish lira woes reveal tensions
    Asian markets were mixed and mildly positive overnight, but nervousness over the standoff between Russia and Turkey after the downing this week of a Russian aircraft was reflected in a sharp drop in the Turkish lira after Turkey's government released documents which omitted the word "independent" from a description of the central bank.
    Read the article
  • 16h
    Martin O'Rourke Martin O'Rourke
    EURUSD is firmly entrenched towards the lower end of a 1.0605-15 range this morning. Graph courtesy of SaxoTraderGO
    Charles Asmar Charles Asmar
    Hi Martin, Do you have any suggestion for EURGBP? Short...
    Ricardo80 Ricardo80
    Hello this is a possibility
  • Article / Yesterday at 7:33 GMT

    Saxo Trade Navigator: Thursday, November 26

    Head of Macro & Quantitative Strategies / Saxo Bank
    Saxo Trade Navigator: Thursday, November 26
    November 26, 2015: The Saxo Trade Navigator provides you with daily technical insight into a wide array of major instruments, ranging from FX to equities, commodities and bonds. With a host of various technical indicators such as pivot points, RSI and moving averages, the Saxo Trade Navigator can be used to spot daily trade ideas.
    Read the article