Dubai Tech News

Saxo Q1 Outlook: What happened to the future?

Saxo has today published its for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting client portfolios. In Q4 of last year, Saxo called for investors to take a long position on as the bank’s strategists recognised that the global economy cannot deal with historically high real yields, as productivity and population growth are simply not high enough. With a historically long lag to monetary policy, the high bond yields in 2023 are finally beginning to bite, and central banks are priced to cut policy rates in 2024, changing the underlying dynamics.

Steen Jakobsen, Chief Investment Officer, commented: Damian Hitchen, Chief Executive Officer at Saxo Bank MENA, said: “While geopolitical uncertainties persist, the Middle East’s strategic position in energy markets and its drive toward economic diversification offer compelling investment avenues. The UAE and Saudi Arabia, in particular, continue to spearhead innovation and economic reforms, providing promising opportunities in technology, renewable energy, advanced manufacturing and other non-Petro industries. As we navigate Q1, we remain attentive to both the global and regional landscape and look to provide relevant and engaging insights into the region’s resilience and strategic positioning.

” To access Saxo’s full Q4 2023 Outlook, with more in-depth pieces from its analysts and strategists, please go to: At Saxo, we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money.

Saxo Bank was founded in Copenhagen, Denmark, in 1992 with a clear vision: to make the global financial markets accessible to more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest. It was also the first Scandinavian bank to establish a presence in the GCC when it launched an office in Dubai back in May 2009 to cover its regional operations for the MENA region.

Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions, including a Representative Office license by the Central Bank of the UAE. As one of the earliest fintechs in the world, Saxo continues to invest heavily in our technology.

Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo employs more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.

For more information, please visit . .


From: uaenews247
URL: https://uaenews247.com/2024/01/10/saxo-q1-outlook-what-happened-to-the-future/

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