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Danske Daily - 20 June 2018

ByDanske Markets
Published 06/20/2018, 03:31 AM

Market movers today

We have published our Nordic Outlook with updated economic forecasts for the Nordic countries this morning. We expect Swedish growth to slow this year as it is no longer fuelled by housing, Norwegian growth to accelerate supported by oil investments, Danish growth to cruise along and Finland to slow down only a little after a very good run.

Market focus continues to be on the US-China trade spat. We have now entered what we would call a trade war as the tit-for-tat reactions are escalating, see US-China trade - trade war becomes a reality as Trump pushes further , 19 June 2018. The next key dates to watch out for are 30 June (when Trump announces restrictions on Chinese investments into the US and export controls on US tech products to China) and 6 July (when Chinese tariffs on US begins, and Trump has said it will lead to further tariffs on Chinese products worth USD200bn).

To read the entire report Please click on the pdf File Below:

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