External broker reports(aggregated public sources), Nordea

Nordea

Nordea is the bank in the Nordics dedicated to serving corporations and institutional customers. Our offering includes a diverse range of financing, cash management and payment services, investment banking, capital markets products, securities services and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>“We don’t have good news with respect to growth but we do have good news with respect to inflation.”– Luis de Guindos, Vice-President of the ECB on 29 October 2024Euro-area rate expectations have increasingly led a life of their own in the past few weeks.</li><li>Whereas US rate expectations have climbed, at least partly on expectations that Donald Trump would win next week’s election,EUR rates have increasingly been driven by the weak Euro-area growth outlook.</li><li>This week’shigher GDP and inflation datadid lead to a paring back of rate cut expectations again, though.The ECB already accelerated its cuts by cutting rates by another 25bp at theOctober meeting, following a reduction of the same magnitude inSeptember.</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>

“We don’t have good news with respect to growth but we do have good news with respect to inflation.”– Luis de Guindos, Vice-President of the ECB on 29 October 2024Euro-area rate expectations have increasingly led a life of their own in the past few weeks.Whereas US rate expectations have climbed, at least partly on expectations that Donald Trump would win next week’s election,EUR rates have increasingly been driven by the weak Euro-area growth outlook.This week’shigher GDP and inflation datadid lead to a paring back of rate cut expectations again, though.The ECB already accelerated its cuts by cutting rates by another 25bp at theOctober meeting, following a reduction of the same magnitude inSeptember.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.

Macro & Markets: Faster, bigger, deeper?