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cover of episode What now after the capitulation?

What now after the capitulation?

2025/5/13
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Saxo Market Call

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John J. Hardy
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John J. Hardy: 昨天市场对中美贸易关系缓和反应强烈,突破了关键阻力位,但我认为这可能是短期内利好消息的顶点。虽然市场可能还有上涨空间,但未来几天可能会寻找新的催化剂。此前坚持看跌的投资者可能已经放弃了抵抗。我注意到,CTA和技术分析师在关键阻力位被突破后,也纷纷改变了立场。

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Today, a look at where the markets are headed after yesterday's big capitulation in what was meant to be the macro trade of the year - the move out of the US dollar and US markets. Especially pressing now is where the focus may shift now that trade policy headlines are less likely to move markets. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy

John's latest FX Update).

 

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