Today, a look at the steep JPY sell-off post Bank of Japan rate hike as the market was gunning for a firmer commitment to BoJ hiking and a stronger US dollar was already weighing in the background. Also, the BoE surprised slightly dovishly but moved to stabilize the long end of the UK yield curve. Also, we look at the pivotal situation for US stocks as we navigate triple witching ahead of next week's action. This and more on today's podcast, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy

Links

John's latest The FX Trader piece looking at the Bank of Japan reaction, Bank of England meeting and USDJPY technicals.
The Real Eisman Playbook podcast poo-poohs the idea that AI security concerns are the real driver of Anthropic's call for a "slowdown".
And FTAlphaville is out joining the dots with its latest AI cross-commitment diagram showing how all of the AI companies financing is interconnected.

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Not the BoJ result the JPY bulls were looking for.

Saxo Market Call

Not the BoJ result the JPY bulls were looking for.