Business
Today's slide deck: https://bit.ly/3jcsG8A - Today features Saxo CIO Steen Jakobsen and a look across markets, where central bank policy tightening expectations have shifted into a whole new gear this week, led by the RBNZ and the Bank of England, with the Fed behind the curve on its insistence on first tapering. Also, we look at a rare significant USD move overnight as the Chinese renminbi broke higher versus the US dollar and took other USD pairs with it. A special focus today on AUDUSD and the market thumbing its nose at RBA guidance. We also talk inflation, yield, second round wage effects, the next Fed Chair if it isn't Powell and more. Today's pod hosted by John J. Hardy. Intro and outro music by AShamaluevMusic