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Real Vision: Finance & Investing

What Currencies Are Saying About the Sell-Off ( w/ Andreas Steno Larsen )

Real Vision: Finance & Investing

Real Vision

Business, Investing, News, Business News

4.11.1K Ratings

🗓️ 21 June 2021

⏱️ 56 minutes

🧾️ Download transcript

Summary

Real Vision Live Replay: The global currency market dwarfs all other markets in its size. Although in weeks like this it is easy to get sucked in by the high volatility in equities, bonds, and crypto, the currency market can provide huge signals about what is actually going on under the surface. Andreas Steno Larsen, chief strategist at Nordea Markets, returns to Real Vision to update viewers on his outlook for major and exotic currency pairs and to help viewers make sense of the signals that currencies are sending for other assets amid a spike in bond and equity volatility. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi, I'm Danny Dyer, and welcome to What's That Smell?

0:07.6

Smell with a hint of burgers, it's my barbecue apron.

0:10.8

Luckily, I can make this smell like freshly picked lilies.

0:14.0

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0:18.4

oh, my fave, it smells like my dream holiday.

0:23.3

Get long-lasting fragrance with natural essential oils with surf laundry detergent.

0:28.0

You can make anything perf of surf.

0:40.8

Welcome to Real Vision Live, I'm the host today at Harrison, and I have the distinct pleasure

0:46.2

of talking to Andreas Stennell Larson, who is the global chief strategist at Nordea.

0:53.2

Welcome back to Real Vision, Andreas.

0:55.5

Thanks a lot, Ed.

0:57.8

You know, I think the last time that we spoke was in July, actually, I already have a question

1:02.3

here from people in Real Vision Live talking about that, well, I'm going to save that for

1:06.0

the end, but a lot has changed in the past several months.

1:11.3

I think the way I would describe what's going on now, what people are thinking about is

1:15.9

they're thinking about the reflation trade, they're thinking about the fact that we're

1:23.0

going to get this vaccine pretty soon.

1:25.8

We have the vaccine, but soon people will be entirely vaccinated, economies will open

1:30.5

up, and depending upon what your outlook is, that's good or bad from an inflation perspective

1:36.4

and from a bond perspective.

1:38.8

How is that?

1:39.8

What's your macro-framing there, and what does that mean for currencies more generally?

...

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