John J Hardy
Eurodollar may be slightly up this Monday, but Saxo's John Hardy says the US dollar is set to gain more ground this week. He also discusses China's trade surplus and why it's not good news for the country or Australia.
Editor’s Picks 08 September 2016 at 1:34 GMT

All is forgiven: Obama and Duterte exchange pleasantries

The Guardian
Barack Obama has met his Philippine counterpart Rodrigo Duterte briefly and exchanged pleasantries, officials said, after a meeting between the two leaders was cancelled due to the latter’s crude comments. The two leaders were supposed to meet one-on-one on Tuesday on the sidelines of the Association of South-East Asian Nations (Asean) summit in Vientiane, Laos. However, the US president cancelled the meeting after the Philippine leader warned him and other leaders against questioning his bloody anti-drug campaign with the words “son of a whore”.
On Wednesday, Obama and Duterte shook hands and talked briefly before attending a gala dinner at the summit.
“They met at the holding room. They were the last persons to leave the holding room,” the Philippine foreign secretary Perfecto Yasay said, insisting that the countries’ relationship was “firm, very strong.” A White House official said the exchange “consisted of pleasantries between the two”.
Read full article at The Guardian


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail