Hawkish ECB gets traction, especially as BoJ remains unmoved.

Link to slide deck: https://bit.ly/43J0fnE   - Today we break down the answers to our latest Listeners' Survey, with more discussion of your questions coming up next week. Today we look at the surprisingly hawkish ECB, which doubled down on its guidance for more tightening, particularly via sharp upward revisions to inflation and labor costs for coming years. This gave the euro plenty of traction for extending its rally, aided by a soft US jobless claims number and on the Bank of Japan failing to even hint at plans to tweak policy overnight. The yen is in a death spiral. Elsewhere, we look at what has  been a very strong month for the commodities complex, discuss Adobe's results and the very busy week ahead on the macro calendar with another bonanza of central banks. This and more in today's pod, which features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic