All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Article / 03 April 2018 at 0:27 GMT

    Today's Trade: US mini-tech wreck impacts Asian markets

    Trading Desk / Saxo Capital Markets
    Australia
    Today's Trade: US mini-tech wreck impacts Asian markets
    Wall St took a tech share-driven tumble on Easter Monday, with Tesla and Amazon losing ground. On a brighter note, China's manufacturing PMI beat expectations, as manufacturers shrugged off trade war worries. And a foreign takeover bid for ASX-listed Santos has sent the oil and gas company's share price soaring.
    Read the article
  • Article / 08 March 2018 at 14:51 GMT

    Grain market nervously awaits key WASDE report – #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    Grain market nervously awaits key WASDE report – #SaxoStrats
    The grain sector has run into profit-taking ahead of today's monthly supply and demand report (WASDE) from the US Department of Agriculture. The report should give us an idea about whether the strong surge seen in recent weeks due to drought conditions in Argentina and the US plains has been justified.
    Read the article
  • Squawk / 08 February 2018 at 11:58 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    The USDA will release its monthly supply/demand report for February later today at 1700 GMT. The grain sector has experienced a revival during the past few weeks with multiple weather scares both in South America and the US Midwest providing the three major crops with enough support to force the reduction of what up until recently was a record short fund position.
    US Inventory levels at the end of the 2017-18 marketing year which runs until August is expected to show a decline in corn and an increase in soybeans stock while wheat is unchanged on last month.
    Table with surveys and prior results attached.
    Read the Squawk
    09 February
    agris.be agris.be
    There's an invertion in your summary between soybean stocks and wheat stocks
    09 February
    Ole Hansen Ole Hansen
    This comment has been redacted
    09 February
    Ole Hansen Ole Hansen
    Result of yesterday's WASDE report. As agris.be pointed out the soybean and wheat world stocks had been switched around and now corrected below.
    Overall the price impact was...
  • Squawk / 09 November 2017 at 14:06 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    The US Department of Agriculture will release its monthly supply and demand estimates (WASDE) today at 1700 GMT. Is expected to show a bigger US corn yield leading to biggest stock since 1988. Soybeans yield and production probably declined while a global rush to unload wheat could trigger a reduction in world stocks.
    Attached WASDE expectations as well as the latest speculative fund positions from the week to October 31.
    Read the Squawk
    10 November
    Ole Hansen Ole Hansen
    Bearish WASDE report with Dec Corn hitting a fresh contract low as stocks surge to a 30-year high. Soybeans also traded sharply lower while wheat recovered...
  • Article / 01 November 2017 at 13:29 GMT

    Wheat tumble sees spread to corn returning to August low

    Head of Commodity Strategy / Saxo Bank
    Denmark
    Wheat tumble sees spread to corn returning to August low
    CBOT wheat, both ZWZ7 and ZWH8 tumbled to fresh contract lows yesterday on technical selling and continued strong competition on the global export market. Corn, meanwhile, has managed to stay within its established range and is to a certain extent being supported by rising ethanol prices in response to rising oil prices.
    Read the article