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Danske Daily: Markets Anticipate FOMC Minutes

Published 04/09/2014, 08:03 AM
Updated 05/14/2017, 06:45 AM

Another quiet day on the global agenda. FOMC minutes tonight might be interesting given the upward adjustment to the Fed rate projections at the March meeting. This was also when the 6.5% threshold was skipped. Fed members are likely to express continued optimism about the US economy and see weakness in Q1 as temporary as reflected in the FOMC statement.

German trade balance for February may show some softness in exports, as both the US and emerging markets have been weak in early 2014.

More ECB members are on tap today with Lautenschläger speaking at 11:30 CET and Costa and Coeuré both speaking at 16:00 CET.

In Sweden Riksbanken will most likely keep its leading interest rate unchanged but a rate cut cannot be ruled out completely.

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