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Link to slide deck: https://bit.ly/44VbCcD -
US equities tested new highs yesterday but closed mixed, with Tesla and especially Netflix earnings after the close chilling risk sentiment, with focus on Netflix's weak guidance and concerns for Tesla centered on the margin story as Musk forecast further price cuts on Tesla's cars, with fewer details than hoped on the Cybertruck. Elsewhere, we have a look at the strong euro versus weak JPY and CNH and wonder whether the ECB's recent dovish turn is prompted from the currency angle. This and more on today's pod, which is hosted by John J. Hardy.
Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
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Intro and outro music by AShamaluevMusic |
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