FX Guys

Saxo Bank publishes its Q2 2024 outlook: The wasted year

Multi-asset investment specialist Saxo Bank today launched its Quarterly Outlook for Q2 2024.

As elections in key market countries dominate global discussions, Saxo’s Strategy team highlights the events and indicators that investors and traders should keep an eye on. They also explore whether this focus on elections is diverting attention from the actual figures affecting global markets.

In his macro note, “It’s all about elections and keeping status quo”, Steen Jakobsen, Saxo’s Chief Investment Officer, emphasises that “election optimism and a rally in equities have so far masked the inconvenient truths underlying our economy, where debt continues to grow faster than GDP.”

The current wave…
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