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
• 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