Fra Danske Bank:
Geopolitical turbulence is increasing but that is not really impacting the short-run outlook or financial markets, as the economic situation is quite resilient.
Future changes in central bank interest rates are increasingly likely to be upwards as economic picture has normalised, although we still expect a few more cuts in the US.
Also the Nordic economies are more balanced, with clear improvement in Sweden, risk of a slowdown in Norway and a rise in both employment and unemployment in Finland.
Underlying growth in Denmark is modest, but there are signs of more domestic demand.
Financial markets are responding to the benign short-term global economic picture with higher bond yields and good performance in equities, credit bonds and risk-sensitive currencies.
Hurtige nyheder er stadig i beta-fasen, og fejl kan derfor forekomme.
