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Danske Daily - 22 may 2018

ByDanske Markets
Published 05/22/2018, 02:11 AM

Market movers today

No global market movers are being released today, but developments in the (geo)political sphere will remain of market interest, not least Italy.

Brexit negotiations will resume in Brussels today and South Korea's President will visit Washington to discuss North Korea ahead of the upcoming meeting in June between US President Donald Trump and North Korean leader Kim Jong-un.

The Hungarian central bank is announcing its rate decision today. With headline inflation still remaining below the central bank's 3.0% target, we do not see any imminent changes in its dovish stance, but we believe the strong economic growth will eventually drive up inflation, leading to a change in policy by the central bank at some point in late 2018.

In the Scandi markets, Danish and Swedish labour market data is due out (see next page).

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

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