Saxo Bank Podcast: The Gold Rally Fading, Crude Oil Ripping Lower And The Japanese Yen (JPY) Mean Reverting To Weakness And More

The Gold Rally Is Continuing To Stall, This Could Be A Good Year For Crude Oil

Summary:  Today, we look at the market continuing to stumble around in the range, with little conviction emerging so far this year. Will this mean a trigger-happy reaction to incoming data? Elsewhere, we look at the gold rally fading, crude oil ripping lower and the Japanese yen mean reverting to weakness after its spectacular two-month rally, a likely sign of near-term exhaustion for that move. We also discuss Amazon chopping more jobs than expected, the still tight US labor market and much more. Today's podcast features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

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

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Source: Podcast: Market stumbling around, awaiting incoming data | Saxo Group (

The Gold Rally Is Continuing To Stall, This Could Be A Good Year For Crude Oil

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