Saxo Market Call

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 if the oil doesn't start flowing soon. Are the US and Israel flailing or slowly winning? The opinions are certainly very divided. ...  Show more

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 if the oil doesn't start flowing soon. Are the US and Israel flailing or slowly winning? The opinions are certainly very divided. ...  Show more

Today, we discuss the markets continuing to price forward expectations that Hormuz Strait uncertainty will lift quickly from here, especially when one looks at the very steep backwardation in crude oil futures and US equity market sentiment. As well, we note that the critical sig ...  Show more

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 through the Hormuz Strait. We also discuss Adobe's huge stumble despite strong earnings, FX and gold and much more. Today's pod is hos ...  Show more

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 US politicians, especially regarding the status of the war and its intents. Most importantly, we try to understand if the US is act ...  Show more

Today, an attempt to assess the comeback in risk sentiment and retreat in oil prices and whether we can trust President Trump's framing of the war situation, as a "TACO" (Trump always chickens out) may be more difficult to achieve now that the US and Israel or on a full war footi ...  Show more