Summary: Today we are announcing our newly released 2023 Outrageous Predictions highlighting improbable, but not impossible, events that could really shake the markets. We discuss the reversal in S&P 500 futures to the big 4,000 level driven by a surprise beat on ISM Services Index yesterday suggesting that the US economy is reaccelerating again. The US yield move higher yesterday is also setting the stage for our attention on USDJPY in today's FX focus. On commodities our focus today is on the oil market given the demand uncertainties over China's reopening and supply worries over the Russian oil price cap. Today's pod features Peter Garnry on equities, Ole S. Hansen on commodities, with John J. Hardy hosting and on FX.
Listen to today’s podcast - slides are available via the link.
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![Turbulent Q2'23 Results for [Company Name]: Strong Exports Offset Domestic Challenges](https://www.fxmag.com/media/cache/main_box_filter/uploads/articles/2022-FXMAG-COM/GPWA/gpw-s-analytical-coverage-support-programme-wse-2-6311cd4191809-2022-09-02-11-30-41-63175bda84812-2022-09-06-16-40-26.png "Warsaw Stock Exchange: Brand24 (B24) - 1Q23 financial results")
![Turbulent Q2'23 Results for [Company Name]: Strong Exports Offset Domestic Challenges](https://www.fxmag.com/media/cache/article_small_filter/uploads/articles/2022-FXMAG-COM/GPWA/gpw-s-analytical-coverage-support-programme-wse-2-6311cd4191809-2022-09-02-11-30-41-63175bda84812-2022-09-06-16-40-26.png "Warsaw Stock Exchange: Brand24 (B24) - 1Q23 financial results")
