Video

Playlist

Show less
10:20
Morning Call: Softer dollar boosts commodities, stocks
#SaxoStrats
21 September 2018 at 7:40 GMT
10:35
Morning Call: Markets stabilise as trade tensions ease
#SaxoStrats
20 September 2018 at 8:28 GMT
10:03
Morning Call: Chinese shares surge as trade war rages on
#SaxoStrats
19 September 2018 at 8:36 GMT
8:51
Today’s FX chart analysis - video
John J Hardy
18 September 2018 at 10:28 GMT
9:42
Morning Call: Trump hits China with tariff plan
#SaxoStrats
18 September 2018 at 7:29 GMT
2:45
The week ahead in macro
Kay Van-Petersen
17 September 2018 at 8:11 GMT
27:58
Macro Monday week 38: Keep Global Macro and Carry On
Kay Van-Petersen
17 September 2018 at 8:02 GMT
10:00
Morning Call: US yield curve lifts, boosting dollar
#SaxoStrats
17 September 2018 at 7:23 GMT
43:30
Technical analysis webinar – A view of the market: Larsson
Kim Cramer Larsson
12 September 2018 at 14:44 GMT
11:15
Morning Call: Chinese shares fall further
#SaxoStrats
11 September 2018 at 8:36 GMT
11:34
Morning Call: USD, SEK in focus
#SaxoStrats
10 September 2018 at 7:49 GMT
2:47
The week ahead in macro
Kay Van-Petersen
10 September 2018 at 7:37 GMT
14:02
Morning Call: Is Japan next?
#SaxoStrats
07 September 2018 at 7:35 GMT
Video / 18 September 2017 at 8:06 GMT

From the Floor: Hawks keep central banks in the frame — #SaxoStrats

#SaxoStrats
 • Fed will likely start its quantitative tightening process
  • Bank of Japan will eventually need to perform an ECB-type downshift
  • Paucity of data releases will increase interest of central bank speeches
  • Japanese equities power higher but UK equities still weak
  • FOMC and weaker yen hurting precious metals

strats
 By Clare MacCarthy

The week ahead will be dominated by a flow of news out of several of the world's major central banks with the US Federal Market Open Committee meeting on Wednesday playing the starring role. The Japanese, Australian, Norwegian and South African banks will also appear in the frame with announcements ranging from interest rate decisions to board minutes.

"We're seeing the dollar adrift ahead of the FOMC meeting with people struggling to find what the surprise scenario is, we've seen a downshift in rate expectations which are around 50:50 for December," says John J Hardy, Saxo's head of FD strategy. More immediately, and arguably more importantly, "The FOMC wants to get this quantitative tightening move our of the way ."
usdjpy
Source: SaxoTraderGO 

In stock markets, the week has got off to a firm start with Asian equities notching gains and Japan's Nikkei Index expected soon to push through 20,000 and test recent highs as risk-on sentiment continues. But in the UK, however, the mood around equities remains negative and still soured by political uncertainty, increasing inflation and a negative technical picture.

Finally, in the commodities sphere, the upcoming FOMC meeting and a weaker yen are hurting gold and silver with the latter testing a support line from July at $17.454 and the next support level situated at $17.05. But oil is doing better in the wake of last week's fund selling ahead of an unexpectedly rosy IEA outlook.

BoE
 Central Banks remain in focus as the hawks sharpen their claws. 
Clare MacCarthy is an editor at TradingFloor.com

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com 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 Tradingfloor.com 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 Tradingfloor.com 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 Tradingfloor.com or as a result of the use of the Tradingfloor.com. 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 Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com 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