Silver as an investment

Category Archives: Saxo Bank

Major Investment Bank Predicts: ‘China And Russia Engineer A Collapse Of Bitcoin’

A major investment bank has predicted Bitcoin’s crash and pinpointed it to next year after it soars to over $60,000.  Russia and China work together to “engineer the crash,” of Bitcoin the bank has predicted. According to Saxo Bank, Bitcoin will continue to rise during most of 2018 until it peaks at around $60,000. At […]

Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

Global shares hit another record high on Wednesday, propelled higher by what increasingly more call (ir)rational exuberance, and investors’ unflagging enthusiasm for tech stocks. That said, S&P futures are unchanged the morning before Thanksgiving (at least before the market open ramp), as are European stocks (Stoxx 600 is flat), despite the euphoria in the Asian […]

Oil & Gas Earnings Expectations Are Collapsing

Much of the recent ebulient narrative about equity markets has been based on the promise of an earnings rebound – due to beneficial comps in the oil & gas sector. That narrative just hit a wall… As Bloomberg notes, analysts haven’t rushed to upgrade their outlook on earnings per share at Europe’s biggest energy companies, […]

Steen Jakobsen: 60% Probability Of Recession In The Next 18 Months

Authored by Adam Taggart via PeakProsperity.com, Steen Jakobsen back on, Chief Investment Officer of Saxo Bank, returns to the podcast this week to share with us the warning signs of slowing economic growth he's seeing in major markets all over the world. In his view, the world economy is sputtering badly. So badly, that he's […]

Oil Surges After Saudis, Russians Agree To 9 Month OPEC Output Cut Extension; US Futures Flat

In an otherwise quiet session in which European shares dropped, Asian equities rose and S&P500 futures were little changed, crude oil surged above $49 on high volume, after the Saudi and Russian energy ministers said in Beijing they favor extending the OPEC production cut for 9 months, though the end of Q1 2018. WTI rose […]

Saxo Warns Reflation Trade Ends In Q2 With “Healthy Correction”

zerohedge.com / by Tyler Durden / Apr 11, 2017 11:25 AM The reflation trade that started before Donald Trump’s victory in the US presidential elections accelerated in Q1 as global economic data improved and surprised against expectations. Global equities are up 6.5% in dollar terms with markets such as Hong Kong, emerging markets, and Brazil the clear outperformers. […]

Global Stocks Slide, S&P Futures Tumble Below 50DMA As “Trump Trade” Collapses

Global stocks are lower across the board to start the week, as concerns about Trump’s administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend’s OPEC meeting […]

Saxo Bank’s 10 Outrageous Predictions For 2017: Brexit Never Happens, Bitcoin Surges, Fed Folds

Continuing in the tradition of making a selection of calls aimed at provoking conversation on what might surprise or shock the investment returns in the year ahead this year's predictions cover a range of scenarios, including a Chinese growth rebound, an Italian bank rally, Brexit giving way to Bremain and the EU's willingness to change […]

“This Ain’t Another Brexit” Traders Scramble To Hedge A Trump Victory

Having previously explained, it's all about Florida, North Caroline, and Ohio… and what time traders can go to bed on election night, Bloomberg reports on how crazed FX traders are scrambling to figure out just what will happen as the Trump-Clinton saga plays out. Already the most sensitive risk assets are swinging back on tonight's […]

US Futures, Global Stocks, Metals Rise On Economic Confidence, Upbeat Earnings

European, Asian stocks and S&P futures are all up again in early trading, a repeat of the Monday session, buoyed by a generally upbeat corporate earnings season, rising economic confidence and signs of improvement in the world’s biggest economies.  The Bloomberg Dollar Spot Index held near its highest level since March as fed fund futures […]