Macro and FX: Weaker USD, China data, and RBA rate decision

In today's podcast we discuss the weaker USD on the back of the big risk-on move across markets last week, and whether the lower long-end US bond yields in fact cancel out a bit of Powell's remarks last week. We also discuss Bank of Japan and JPY, China data this week and the lack of growth revive, and finally tomorrow RBA rate decision, with Charu Chanana and Peter Garnry. 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