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74 Followers
Write a Squawk to tkaaber
  • 3y
    Market Predator Market Predator
    I'm not Economist but I think: if banks refuse capital (deposits from clients) because of negative interest rates, then something is really wrong.
    Does financial history know such...
  • Squawk / 03 May 2016 at 6:03 GMT
    Chief Economist & CIO / Saxo Bank
    Denmark
    Major WARNING signal close:

    I always use AUDJPY as main RISK on and off indicator....AUDJPY this morning v close to major break down.
    Read the Squawk
    3y
    Market Predator Market Predator
    Hello Mr. Jakobsen, could you please explain more about AUDJPY and its risk ON/OFF ability?
    3y
    Steen Jakobsen Steen Jakobsen
    Yes... I can do one better... Saxo TV just asked same so there is Video coming...but...overall:
    AUD = Commodities, China, anti-US$
    JPY = safe haven, high saving, liquidity...
    3y
    Market Predator Market Predator
    From macro perspective this is really great observation Mr. Jakobsen, thanks for Your explanation.
  • Article / 18 April 2016 at 13:42 GMT

    Steen's Chronicle: The narrative is changing

    Chief Economist & CIO / Saxo Bank
    Denmark
    Steen's Chronicle: The narrative is changing
    Until very recently, it seemed as if central bankers and global policymakers were reading from the same sheet, upon which was printed the familiar mantra of low currencies and lower interest rates. Now, however, it seems as if this is beginning to change. Why might that be?
    Read the article
    3y
    Aloushka Aloushka
    Excellent news!!!!! ty
    3y
    Aloushka Aloushka
    this is a must read report for all investors... very insightful
    3y
    slow slow
    "half pregnant" approach and even in China you can spend your money only once is interesting observation
  • 3y
    leeA leeA
    To continue with the house fire analogy: last time it was on fire was pretty bad and shouldve been knocked down/ rebuilt. Instead central banks glossed over...
    3y
    ChrissyLumpy ChrissyLumpy
    Funny that the house is always on fire every 7-10 years. If only a fireproof house could be built :P
  • Article / 02 October 2015 at 12:00 GMT

    Steen's Chronicle: Meet Mr and Mrs Consensus

    Chief Economist & CIO / Saxo Bank
    Denmark
    Steen's Chronicle: Meet Mr and Mrs Consensus
    The US, its policymakers, its investors and its analysts are in thrall to a foolish narrative – that China must and will fail. The consensus on this is as breathtaking as it is arrogant and they are all guilty of ignoring what's really going on in China, where emerging markets are actually headed and what medicine the American economy really needs.
    Read the article
    4y
    El súper petrolero El súper petrolero
    steen is olmost ok.... but first watch 20% correccion then the aud usd 80
    4y
    pairstrader1 pairstrader1
    FED is lost. Complete guidance failure. I couldn't agree more.
    4y
    Sam Me Sam Me
    20% Gold... nice. But to be "out of consensus" and considering the strict correlation between XAUUSD and JPYUSD (see chart), why not going short on JPY and...
  • 4y
    V for Vendetta V for Vendetta
    This comment has been redacted
    4y
    Medved- Aleksandr Medved- Aleksandr
    eto lutsee za segodnja!
  • Editor’s Picks / 17 November 2014 at 7:55 GMT

    Japan shocks as economy slips into recession

    CNBC
    Japan's economy is in technical recession after gross dmestic product (GDP) shrank in the third quarter, defying expectations for growth and paving the way for Prime Minister Shinzo Abe to delay a second sales tax hike.
    The world's third-largest economy contracted an annualised 1.6 percent in the July-September quarter, data showed on Monday, compared with a Reuters forecast for a 2.1 percent gain.
    Read article on CNBC
    Go to post
  • Article / 17 November 2014 at 7:49 GMT

    COT: Bullish dollar bets remain elevated, JPY and CHF sold

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Bullish dollar bets remain elevated, JPY and CHF sold
    Hedge funds maintained a very elevated dollar long position during the week of November 11. The first buying of EUR since September was offset by renewed, albeit not that aggressive, selling of JPY as the currency continued to weaken. Bearish bets on CHF at a 17 month high despite recent strength against the EUR.
    Read the article
    4y
    LION KING LION KING
    USD/JPY buy on a pullback goal 121.12
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