External broker reports(aggregated public sources), Nordea

Nordea

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External broker reports(aggregated public sources)

FX & Rates

<ul><li>Just as consensus had started to gather around bear steepening driven by rising term premia, war in the Middle East adds to inflation and credit risks.</li><li>So far, the rise in oil prices has been modest.</li><li>However, a spike in energy prices is generally more likely to prompt rate hikes when following a period of too high inflation and less anchored inflation expectations</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Just as consensus had started to gather around bear steepening driven by rising term premia, war in the Middle East adds to inflation and credit risks.So far, the rise in oil prices has been modest.However, a spike in energy prices is generally more likely to prompt rate hikes when following a period of too high inflation and less anchored inflation expectationsContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

EURO/US DOLLAR

EUR rates: From the frying pan...