Podcast: The Weak Equity Market, Focus On Copper, The Euro Situation

Fed Expectations Amid Mixed Data: Wishful Thinking or Practical Pause?

Summary:  Today we look at the weak equity market as traders nervously await a raft of central bank meetings this week as most are set to tighten rates further. In FX, we note the interesting reduction in euro shorts in the US currency futures positioning as the euro remains resilient, with most of the USD long position there expressed in GBPUSD and USDJPY. In commodities, we focus on longer term support for copper, while the equities focus this week is on names like Sea Limited, US homebuilders with the backdrop of US housing data, and Amazon. Today's pod features Peter Garnry on equities, Ole Hansen on Commodities and John J. Hardy hosting and on FX.

Listen to today’s podcast - slides are found via the link.

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Source: https://www.home.saxo/content/articles/podcast/podcast-sep-19-2022-19092022

Fed Expectations Amid Mixed Data: Wishful Thinking or Practical Pause?

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