Saxo Market Call

Today, we look at the market's enthusiasm for the coming Anthropic IPO, which took an important step closer with the release of their S1 prospectus yesterday. The floating of the company will prove a massive test for the AI trade. Elsewhere, plenty more to discuss as the Euro is coming under pressure again despite a bid for French sovereign debt yesterday. This and much more ...

Today, a look at another US equity market session Friday marked by huge market divergences as we also look into what may be driving this phenomenon. Elsewhere, we preview a very busy week ahead, with the big three central banks all set to meet this week and an ongoing blitz of incoming earnings reports, with three of the Mag7 reporting. Perhaps most importantly, we remind of ...

Today we break down the big sell-off in US equities, as ironically there were almost twice as many gainers as losers in the S&P 500 yesterday, with the selling chiefly focused on AI-related companies. Elsewhere, it was a much bigger day for bonds, which rallied steeply as US treasuries finally functioned as a proper and unambiguous safe haven, at least for a day. The impa...

Today, we look at the violent vibe shift in the US equity market, which crumbled overnight after a quite positive session, led by the very high momentum sectors that posted a solid result yesterday. It doesn't feel like this is all coming from negative reactions to earnings results from the likes of Tesla or Lam Research - but what is it? We wonder if it could be geopolitics....

Today, a look at yet another day of US equity market divergences, as the major indices and semiconductors posted an indifferent to slightly negative day while most stocks were up solidly on the day. This rhymes with another market from around the years 2000-01. Also, a look at SpaceX and Netflix earnings and the very different reactions. French yields and much more also on to...