Saxo’s World Cup competition is seeing as many surprises and close finishes as on the fields itself and it’s taking on a life of its own. Take for example, England, While the football team is already packing its bags for an early exit, Saxo’s competition sees England nicely positioned to move into the last 16 from Group D, based on solid economic foundations. Elsewhere, Brazil needs a strong finish to make it through, Germany has some work to do while Australia and Iran look nicely set for knock-out berths. Some things don’t change though. A bad competition for Spain in the real World Cup has also been mirrored by a nul point performance in the Saxo World Cup .

Saxo Bank's Chief Investment Officer, Steen Jakobsen, looks at how our competition is unfolding and how it relates to the play on the pitches of Brazil itself. And he explains how football is a great analogy as to what's going on in the world of finance.