Saxo Bank

So buying it and looking at it a few months down the line, I think that potentially could be a good idea.

But gold's interest is We've seen in the last decade that a lot of different ways you can invest in gold and we're seeing that at Saxo as well.

How it's really made it much more easy for retail investors and from the small retail to the large institutional to get involved.

So there's a lot of products out there that offers and an entry into the metal without having to put everything at play.

So I think that's in the near term not what I'll be looking at from an investor perspective.

I think I will be focusing on the metals broadly.

Ole Hansen, who is the head of commodity strategy at Saxo.

I'm Lance Alexander on Money and Me.

Obviously, Simon Yates has been there for a while because he hasn't been in the squad this year.

But then also Lo Van Bell is a rider who came up from a development team and he's going to beat CC powered by Saxo, which is a continental Dutch team.

So very little movement in and very little movement out for Vizmo.

It seems like it's going to be a very steady ship and I don't think that's necessarily a bad thing.

We did a long form run through on the webinar of, uh, of the odds basically of all different scenarios and some outcomes, uh, that might be likely under those scenarios.

Did that together with a, um, semi-colleague, because it's not my direct colleague at Saxo, but an international economist, Rafael Olsen and Mazis with J. Safra Saracen Bank, who has great thoughts on the different impacts across different asset classes and as well as different specific stories from tariffs to the relationship with China and the AI trade, a lot of different things.

We looked at rates, FX, etc., Okay, what else do we have? Gold sort of holding that $4,000 level so far.

It did dip below, but it's held before testing that absolutely key level.

It just looks like a really rich and important information value coming in here the rest of this week on how, of course, these events themselves, how the market reacts and through sort of the week of whenever that anthropic IPO is floated.

Stay tuned for all that and stay careful out there.

And I'll be back tomorrow with the next Saxo Market Call.

This has been the Saxo Market Call podcast.

They have been sliding on the long end ever since the beginning of October.

So our next guest, Ollie Hanson, head of commodity strategy at Saxo Bank, is going to give us his outlook on not just oil.

We're going to talk about what's next for oil and distillate products, gasoline, diesel, but also what's causing today's sell-off and whether or not this sell-off is going to continue.

He's also going to give us his outlook on inflation and gold.

Very much needed today on this very volatile day.

Where do we follow you and your work?

Well, as I said, as you said at the beginning, I work for Saxo Bank here in Copenhagen.

We're a global bank offering liquidity, offering access to global markets.

No.

A market wrap from Saxo dated October 19th says the Fed already hiked in September to 3.75 to 4%.

Which is the first hike since 2023? Yes.

And most officials still expect one more

If the hold camp is right,

shouldn't the short duration crowd be fine? Not necessarily.

Saxo's October 19th rap says the dollar weakened after Warsh's comments were read as favoring a hold.

Weaker dollar.

[upbeat music] You're listening to the Finance Magnates Daily Brief, brought to you by Finance Magnates Intelligence.

Today is Monday, the nineteenth of October, twenty twenty-six, and these are our main stories: Capital.com's trading data, Saxo Bank's athlete campaign, Revolut's Gibraltar crypto license, and eToro's new desktop terminal.

To begin today, Capital.com's latest trading report shows clients in the United Arab Emirates traded one point zero six trillion dollars in the first half of twenty twenty-six, making the country the broker's largest market.

The UAE accounted for more than two-fifths of the two point four five trillion dollars in total trading volume across the platform between January and June.

Capital.com also found that positions closed by triggered stop-loss orders lost thirty-nine percent less on average than positions without them.

Although the broker stressed that this correlation does not prove the orders caused better outcomes.

Meanwhile, Saxo Bank has signed Formula One driver Lando Norris, chess player Magnus Carlsen, and seven other athletes for a campaign focused on investor psychology.

The group also includes footballers Gareth Bale, Thibaut Courtois, and Rasmus Hojlund, tennis players Aryna Sabalenka and Stan Wawrinka, speed skater Jutta Leerdam, and judoka Teddy Riner.