Daily Morning Call

From the Floor: Time to change our view on energy? — #SaxoStrats

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Saxo Bank head of equity strategy Peter Garnry is eyeing the energy sector closely as depressed valuations and a determined uptick in crude prices have the potential to signal a turnaround for the long-weak sector.

   • Asian markets positive after 'massive week', major bond movements
   • ISM manufacturing data due from Eurozone, UK, US today
   • Q2 earnings season to kick off next week
   • Oil continues to rebound as shorts cover positions
   • USDJPY may be lagging fixed income selloff, yields spike