Market movers today
A quiet start to a quiet week. German industrial production for February is the main release today and is expected to rise 0.1% m/m following a strong increase of 0.8% m/m in January. GDP for Q1 is currently tracking 0.7%.
Tonight Fed's Bullard speaks and US credit data are released later in the evening.
Rest of the week the main events will be BoJ (Tuesday), FOMC minutes (Wednesday), Chinese CPI (Friday) and US consumer confidence from the University of Michigan for April (Friday).
Inflation will be the main focus in the Nordic economies this week, especially in Sweden where Thursday's inflation numbers are expected to show a fall to -0.3%. In light of this, we expect the Riksbank to cut interest rates in July. We do not expect rates to be adjusted at Wednesday's meeting, although this cannot be ruled out
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