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The downside momentum in the equity market picked up pace yesterday as US yields continue to rise and the US dollar rose well above parity versus the euro and GBPUSD posted new cycle lows as Europe's energy woes continue. Elsewhere, oil prices have perked up as Saudi joins the Saxo Market Call in noting the disparity in the very tight physical market while the futures market appears complacent. In equities, cyber-security company Palo Alto reported strong earnings as cyber-security is set to remain a growth industry for years. More earnings and equity themes on the radar, FX developments, grains and more on today's pod, which features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Intro and outro music by AShamaluevMusic
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