Temporary relief as dark clouds are gathering

Focusing On US CPI, Fed, Commodities and Bank Of Japan - Saxo Market Call

Podcast  20 minutes to read

Summary:  Ahead of today's Thanksgiving holiday, the US equity market led by technology and bubble stocks saw a relief rally in response to a lower than feared PCE core inflation. However, as we note today a big change has happened inside the Fed with their focus switching from employment to combatting inflation in order to protect US households. The market is adjusting its expectations for rate hikes next year to almost three suggesting 2022 will be a very different year from the previous two years. On commodities we discuss the upcoming OPEC+ reaction to the recent Biden administration release of strategic oil reserves to ease the pain from higher oil prices. Today's pod features Ole Hansen on commodities, Althea Spinozzi on fixed income, and Peter Garnry hosting and on equities.

Listen to today’s podcast and have a look at today’s slide deck.

Follow Saxo Market Call on your favorite podcast app:





If you are not able to find the podcast on your favourite podcast app when searching for Saxo Market Call, please drop us an email at marketcall@saxobank.com and we'll look into it.

Questions and comments, please!

We invite you to send any questions and comments you might have for the podcast team. Whether feedback on the show's content, questions about specific topics, or requests for more focus on a given market area in an upcoming podcast, please get in touch at marketcall@saxobank.com.

Focusing On US CPI, Fed, Commodities and Bank Of Japan - Saxo Market Call

Saxo Bank

Saxo Bank is a global investment bank with a Danish banking license.
It is subject to strict regulation in 15 jurisdictions, including Denmark, the United Kingdom, and Singapore. We also hold banking licenses in Denmark and Switzerland.
When you invest with Saxo Bank, you have access to a state-of-the-art trading platform and over 40,000 financial instruments, including more than 22,000 stocks from 50 stock exchanges worldwide. It also provides access to global analyses prepared by a world-class analytical team.