Saxo Group Videos

End of year rally? Where do the Saxo Strats team see the best returns

After what's been described as a 'dovish broadside' from the ECB this week, sparking a spike in forex trading which led to the second largest volume day in EURUSD for four years, there's a growing consensus around a prediction of an end of year rally. Add to that the latest rate cuts from China, the expectation of cuts from Japan plus Australia and the markets are licking their lips.

That's the emerging sentiment anyway, but how best to position portfolios? There are still plenty of dark clouds over the global economy which threaten to take the shine out of positive analysis. Maersk lines, often seen as a barometer of global trade, has issued a rare profit warning, adjusting its expectation for 2015 from an underlying result around USD 4 billion to an underlying result of around USD 3.4 billion. A reflection of China's growth slowdown and poor trade figures.

To help us navigate through the noise and chart a portfolio allocation which can cope with the current market sentiment, we talk to Saxo Bank's Head of Commodity Strategy Ole Hansen and Head of Fixed Income Simon Fasdal

08:22 minutes
Tags: GBP, commoditiese, commoditiesec, ec, ecb, ecb action, ecb draghi, ecb euro, ecb meeting, ecb news, ecb policy, ecb rate, ecb rate cut, ecb rate decision, ecb rates, economic, economics, economy, economye, education, equities, equity, equity market, equity strategy, equity trading, eur, eur usd, eurchf, eureur, eurgbp, eurjpy, eurjpy price, euro, euro area, euro crisis, euro dollar, euro dollar strength, euro growth, euro pound, euro rates, euro sterling, euro strength, euro yen, euro zone, eurocrisis, eurodebt, eurodollar, europa, europe, europe gdp, europe growth, europe recession, european, european banks, european central bank, european central bank rate, european central banks, european commission, european economy, european equities, european growth, european monetary policy, european recovery, european union, eurozona, eurozone, eurozone crisis, eurozone economy, eurozone euro, eurozone inflation, eurozone recession, eurozone recovery, eurusd, eurusd bearish, eurusd trade, eurusd trade idea, for, foreign exchange, forex, forex buying, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex trade idea, forex trading, fx, fx forexf, fx market, fx marketf, fx markets, fx strategy, fx trade, fx trading, gfol, gol, gold, gold buy, gold commodity, gold demand, gold dollar, gold investing, gold investment, gold predictions, gold price, gold spot, gold trade, gold trading, goldprice, sao paulo, saxo tv, tradingfloor.com, us, us dollar, us dollar index, us economy, us fed, us federal reserve, us government, us jobs, us jobs data, usa, usd, usd index, usdeur, usdjpy, xau, xauf