Saxo Market Call
Сувгийн дэлгэрэнгүй
Saxo Market Call
For the aspirational trader and financial markets professional. Coming at you most trading days, the Saxo Market Call is the high frequency podcast for real-time analysis of the financial markets across asset classes, from forex and rates to equities and commodities.
Сүүлийн дугаар
271 дугаар
Solace for quantum investors as long weekend awaits
Today, a look at quantum computing stocks getting a big bump on public investments in the space in the US. Elsewhere, it remains all about AI stocks p...
Nvidia earnings a damp squib as something else is blotting out the sun.
Today, the prospect of perhaps the most anticipated IPO ever is overwhelming the market's interest in processing Nvidia's latest earnings report, whic...
Pivotal days for tech and AI stocks, FX and rates
Today, markets are looking pivotal across the board ahead of the single biggest earnings report of the quarter as Nvidia reports after the market clos...
Which vehicle does the Musk cult choose post SpaceX IPO?
Today, a look at markets that are - and should remain - a bit nervous given the big push higher in global yields of late. Up ahead, we have some huge...
Global bond yields are the captain now.
Today, a look at global bond yields setting the agenda across markets, the "nothingburger" Xi-Trump summit failing to make waves, the king of earnings...
Dip bought as Jensen Huang joins Trump in China. Also: oil, gold and wheat.
Today, a rundown of the market largely springing quickly back from a vicious semi-conductor sell-off ahead of critical potential incoming news as Jens...
Korean politician pops the chip vibe. Sterling under pressure.
Today - a Korean politician sparked enormous volatility in the key chip names there on suggesting the idea of a "citizens' dividend" to be extracted f...
Trump-Xi summit an historical moment. Also, an exquisitely timed IPO on deck.
Today, a look at the massive further ramping in the hottest AI-adjacent hardware names on Friday, although it was a former SaaS victim that rallied ha...
Some relief in software. Eyes on Trump-Xi next week.
Today, a look at US market performance behaving very differently yesterday as some software names got a big boost on an otherwise negative day, in par...
Chip madness getting close to FOMO mania phase?
Here is today's John J. Hardy substack post.
Today, a look at the latest run-up in semiconductor names, especially after AMD reported earnings y...
Does this market rhyme with 1926, 1928 or even 1929?
Today, a look at the remarkable US market and its seeming immunity to any external development and what that suggests about where we may be in some so...
JPY intervention! And, can Economist covers open the Strait of Hormuz?
Today we discuss the key companies reporting in this week's earnings bonanza with Saxo Equity Strategist Ruben Dalfovo, including Meta, Alphabet, Amaz...
Capex bombast versus spiking energy prices creating unbearable tension. Also, the JPY!
Today - how the market is parsing the titanic capex plans for the four Mag7 companies reporting after the US market close yesterday. With crude oil pr...
Four megacaps on tap late today to test market sentiment.
Today, a look at a modest market setback ahead of the single most important day on the earnings calendar this quarter, as four of the Mag7 are set to...
The cognitive dissonance is getting painful here.
Today's John J. Hardy substack post.
Today, challenging the notion that energy prices can remain here or go higher and risk sentiment can stay s...
Semiconductor momentum getting bubbly. Meanwhile, Hormuz Strait - what's that?
Today, a look at the continued incredible ramp in semiconductor names and whether we are inflating an incipient bubble, even if forward valuations in...
SaaSpocalypse NOW. Also, massive earnings and central bank week ahead.
Today, we look at the collateral damage in software-as-a-service land after ServiceNow shares suffered a nasty markdown yesterday after reporting earn...
AI picks & shovels rocket higher. If only they could open the Hormuz Strait.
Today, a look at a concentrated market rally in the US yesterday, led by big picks and shovels names in AI, with GE Vernova leading the pack, even as...
Vast demand destruction is helping keep a lid on oil. Big SaaS test today.
Today, a look at a key factor keeping oil in check - namely demand destruction, as shipping flows through the Hormuz Strait remain at a trickle or les...
What to look for in Warsh nomination hearings as US-Iran talks also in focus.
Today, as the headline US equity indices finally paused for breath after their recent steep run-up, a run-down of incoming earnings today and tomorrow...
Earnings season ramps up this week amidst pesky Hormuz Strait headline risk
Today, a brief look at waking up this week to the latest headline risks from the Hormuz Strait, which have only weakly impacted US equity futures, whi...
What now after the "biblical vol reset"?
Today, a look at the US market completing one of its most remarkable comebacks ever as it ramped off recently lows to hit new all time highs in such q...
We've come full circle and then some for the USD and risk sentiment.
Today, a look at the US dollar and risk sentiment now having come full circle and even then some in individual cases from the levels trading prior to...
Market dons the rose-tinted glasses and USD is breaking down
Today we look at the further strong resurgence in risk assets, noting in particular the first signs of a comeback in some of the most beaten down name...
Blockading the Hormuz Strait blockade: how does this work, exactly?
Today, we look at the fresh pain for global markets on the collapse of US-Iran talks this weekend and the new US intent to blockade the Hormuz Strait,...
Anthropic carving a path of devastation while we await outcome of US-Iran talks.
Today, a look at equity markets that remain hopeful as key US-Iran talks kick off today in Islamabad, Pakistan. Even so, some big software names were...
Wall of worry remains high, can bulls keep flexing?
Today, a look at the market maintaining a remarkably resilient stance despite Iran casting doubts on the status of the cease-fire announcement that so...
A robust market reaction to a quite fragile "cease-fire" in Iran.
Today, a look at the fragile "cease-fire" between the US and Iran and whether it is mostly a US climbdown from its maximalist threats than any remarka...
Markets melt up on Trump's seeming urgency to end war, but ...
Today, an assessment of the end-of-March and quarter-end melt-up in equities, where calendar and positioning factors are likely key drivers in additio...
Market keeps finding new pressure points besides the worst ones.
Today, a look at a US market that was under exceptional pressure as major US name sold off, taking the US market to cycle lows when the broader market...
Market celebrating Trump's seeming desperation to pull US out of Iran war.
Markets are aggressively pricing an improved outlook for global energy flows as US president Trump seems to want to wrap things up in Iran as quickly...
Trump rolls a social media grenade onto the trading floor.
Today we look at the market-altering after effects of Trump's claims of diplomacy with Iran as he backed away from an ultimatum against Iran's power i...
Markets are moving beyond denial stage as yields explode higher.
Markets had been reacting to the war in Iran recently, of course, but perhaps it has been the explosion higher in global bond yields that has triggere...
Triple witching into weekend uncertainty
Today, a look at a market for which volatility remains very much pent up as we face the triple whammy of triple witching, weekend uncertainty and pivo...
Risk off as war in Iran escalates. Also: possible drivers of weaker gold here.
The war in Iran has taken on new levels of concern after Israeli and Iranian attacks on gas production infrastructure in Iran and Qatar, respectively,...
Next 24 hours are about seven central banks and memory lane, or at least Micron lane.
Today, a look at the market continuing to radiate confidence that things will turn out well despite the lack of real progress or any new clarity emerg...
Iran War maintains the boil. Market shrugs off Jensen Huang's latest hype.
Today, plenty of headlines from the Middle East and the Strait of Hormuz to keep oil prices boiling, if not yet boiling over, with plenty more to come...
Markets continue to price that Iran War ended yesterday
Today, we discuss the markets continuing to price forward expectations that Hormuz Strait uncertainty will lift quickly from here, especially when one...
Stunning market complacency as oil still not flowing through Hormuz
Today we discuss a sense of unease that the market remains as complacent as it does given the magnitude of the disruption of oil and gas supplies thro...
Is the US blundering or playing geostrategic chess?
Today we try to try to find the signal amongst the general noise level and headlines coming both from the Iran War and the wider region and from the U...