TV

Playlist

Show less
2:17
Fancy owning a little Ferrari?
Serge Berger
14 hours ago
0:59
Lucas: Why I'm buying AUDJPY
Steve Lucas
14 hours ago
1:44
Earnings Season: Will Facebook match Amazon?
Mads Koefoed
Yesterday at 10:08 GMT
2:56
Hardy: Trading the risk-off sentiment
John J Hardy
Yesterday at 9:37 GMT
1:06
Faraday: Shorting EURUSD
Marie-Louise Møller
Yesterday at 8:19 GMT
2:53
With Amazon surging, Serge keeps his cool
Serge Berger
Friday at 11:56 GMT
2:44
Jakobsen: The Fed focus fundamental
Steen Jakobsen
Friday at 10:15 GMT
1:13
Lambert: Selling any rally in FTSE futures
Clive Lambert - FuturesTechs
Friday at 6:45 GMT
2:42
Why gold could drop another 25%
Stephen Pope
Thursday at 9:38 GMT
1:29
Coleman: Why I am buying AUDUSD
Ian Coleman - First 4 Trading
Thursday at 6:20 GMT
3:50
Why Apple is failing to impress investors
Marie-Louise Møller
Wednesday at 13:21 GMT
Saxo TV / 01 October 2013 at 9:47 GMT

Why the US shutdown could be a buying opportunity

Nick Beecroft

A shutdown of US government departments has begun but investors shouldn't worry, at least not yet. That's the view of Nick Beecroft, the Chairman of Saxo Capital Markets. Despite a slight drop in the value of the dollar, stock markets have largely shrugged off the news. 
Nick believes the US government will be functioning again in a week and this could actually be a good buying opportunity. He says you should perhaps lighten up on bonds and buy equities. 
If the shutdown goes on throughout the Autumn, analysts say the damage to fragile US growth could be considerable. However Nick says a week's shutdown "won't be too bad". He also doesn't think this will spread to the ongoing debate on the US debt ceiling.  

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 our trading 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

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