Nasdaq 100 makes it to 10,000. One way price action and acceleration Market Call, Wednesday, June 10, 2020 - Slide 1 Source: Saxo Group
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Nasdaq 100 makes it to 10,000. One way price action and acceleration
Market Call, Wednesday, June 10, 2020 - Slide 1Source: Saxo Group
If Nasdaq 100 gets too far away from log-trend then…
Market Call, Wednesday, June 10, 2020 - Slide 2
Source: Bloomberg
USDJPY – continues to push lower
Market Call, Wednesday, June 10, 2020 - Slide 3Source: Saxo Group
US treasuries critical for “fundamental market support” (multiples)
Market Call, Wednesday, June 10, 2020 - Slide 4Source: Bloomberg
AUDUSD – watching the 0.7040 area resistance
Market Call, Wednesday, June 10, 2020 - Slide 5Source: Saxo Group
FX and precious metals relative performance
Market Call, Wednesday, June 10, 2020 - Slide 6Source: Saxo Group and Bloomberg
Inditex reports first loss on record in Q1; revenue in June down 34% y/y
Market Call, Wednesday, June 10, 2020 - Slide 7Source: Saxo Group
Fed – how concerned is the Fed on inflation levels?
Market Call, Wednesday, June 10, 2020 - Slide 8Source: Bloomberg
US economy slowed dramatically last week…
Market Call, Wednesday, June 10, 2020 - Slide 9Source: Bloomberg
What will yield-curve control mean for equities?
Market Call, Wednesday, June 10, 2020 - Slide 10Source: Bloomberg
Source: Bloomberg
Fed yield-curve control 1942-1951
BOJ yield-curve control 2016-2020
WTI crude oil awaits weekly EIA report
Market Call, Wednesday, June 10, 2020 - Slide 11
Source: Saxo Group
Sugar pauses with oil after retracing half the sell-off
Market Call, Wednesday, June 10, 2020 - Slide 12
Source: Saxo Group
Copper reaches first target as funds get busy buying and Goldman turn bullish
Market Call, Wednesday, June 10, 2020 - Slide 13
Source: Saxo Group
Macro – Calendar Highlights
Today’s Calendar Highlights (all times GMT)
1000 – Sweden Riksbank’s Ingves to Speak
1230 – US May CPI
1430 – US Weekly DoE Crude Oil and Product Inventories
1800 – US FOMC Rate Decision, Monetary Policy Release
1830 – US Federal Reserve Chair Powell to Hold Press Conference
2301 – UK May RICS House Price Balance
This Week’s Calendar Highlights (all times GMT)
THU: US May PPI, US Weekly Initial Jobless Claims, Monthly WASDE report, EIA Natgas inventories
FRI: UK Apr. Manufacturing Production, France May CPI, US Jun. Preliminary University of Mich. Sentiment.
Market Call, Wednesday, June 10, 2020 - Slide 14
Related Documents
