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Market movers today Today, we have a hectic day ahead of us. Markets will continue to digest the potential ECB tiering system as well as the aftermath of yesterday's Brexit votes. On the data from, we...
No support for any version of Brexit While a lot seems to happen every day, we still do not know what is going to happen with less than two and a half weeks until the new Brexit day on 12 April. None...
Exposed to global risksThe global economy is looking weaker, with continued concerns over growth in China and a lot of discouraging data from the manufacturing sector, not least in the euro area. A...
Brexit - 12 April next key dateSeveral March votes in the House of Commons have set the direction for Brexit. The possibility of the UK crashing out of the EU on WTO-terms was voted down and is no...
Market movers today Today is rather heavy for market moving events on data, Brexit and ECB speakers. On the data front, the Norwegian labour force survey and Swedish manufacturing confidence are...
This chart pack is for readers who like to deep dive into the global macro universe with detailed charts across the global regions. It supplements our MacroScope leading indicators (see latest edition...
Cyclical pressure on ECB leaves scope for EUR easing risk premium near term EUR/USD in range around 1.13 on a 3M (NYSE:MMM) horizon - notably upside risks capped Hedge USD income/assets with risk...
Market movers today Today's calendar is rather thin. Although we have a range of Fed speakers today (Evans, Harker and Daly), they will likely fade into the background for markets for now, as the Fed...
Market movers today We have a number of important events this week, with most prominently a potential Brexit vote tomorrow or Wednesday, as well as several central bank speeches potentially addressing...
Market movers aheadUS PCE core inflation is expected to remain at 1.9% y/y i.e. below the Fed's 2% target. We have a host of Fed and ECB speakers giving their verdict on the recent dovish twist by the...
Today's eurozone March PMI survey brought another negative surprise. The outlook for manufacturing in particular is becoming increasingly dark in many eurozone countries. The weakness is still led by...
Both the ECB and Fed are on hold in 2019 but the Bank of Norway is hawkish.Fixings might not return to ‘normal’ – ASW spreads in short govvies have room to widen. SEK: Surprised but...
Market movers today After the EU27's decision to grant a very short unconditional extension of Brexit (see more below), we will follow closely the response from leading UK politicians today and over...
Market movers today In our core markets, all focus is on Norges Bank (NB), which we expect to raise the policy rate by 25bp to 1.00%, as the economy is in very good shape. We expect NB to signal...
Market movers today Today's highlight is the Fed meeting tonight. We expect the target rate will remain unchanged at 2.25-2.50% and no major changes to the statement. The big question is what the Fed...
Market movers today The data release calendar is rather thin again today. Markets will follow political discussions in the UK and the EU countries on an Article 50 extension (see more below). In...
Key takeaways We have updated our Brexit game tree (see page 3 in full piece). As of today, it seems unlikely that there will be a third vote in the House of Commons on May's Brexit deal before the EU...