Podcast by J.P. Morgan analysts on global markets, At Any Rate

At Any Rate

Podcast by J.P. Morgan analysts on global markets

Analysts from J.P. Morgan’s Research team take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.

FX & Rates

<ul><li>Recent macro data has been robust, leading to upward revisions in growth forecasts</li><li>Fed expected to resume easing in September due to weakening US jobs market</li><li>Market pricing in further cuts for Norges Bank and Riksbank, with potential opportunities in NIBOR Euro spreads and Riksbank easing probabilities</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Recent macro data has been robust, leading to upward revisions in growth forecastsFed expected to resume easing in September due to weakening US jobs marketMarket pricing in further cuts for Norges Bank and Riksbank, with potential opportunities in NIBOR Euro spreads and Riksbank easing probabilitiesThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

External broker reports, Nordea

Nordea

External broker reports

External broker reports(aggregated public sources)

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<ul><li>EURNOK is currently trading around 11.94 after ranging between 11.75 and 12 throughout the summer.</li><li>Our base case points to a decline towards 11.75, but we see a risk that the cross could break above 12.A September rate cut is fully priced in and should not surprise the market.</li><li>The bigger risk lies further ahead.</li></ul>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.

EURNOK is currently trading around 11.94 after ranging between 11.75 and 12 throughout the summer.Our base case points to a decline towards 11.75, but we see a risk that the cross could break above 12.A September rate cut is fully priced in and should not surprise the market.The bigger risk lies further ahead.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.

Downside Risk to USDNOK, Upside Risk to EURNOK

<ul><li>revised Fed call expects easing in September with four consecutive cuts</li><li>ECB in data watching mode, final cut expected in October</li><li>Sweden may see lower growth due to trade war impact, inflation to decrease in the autumn, risk of falling below 2% next year. Norway has solid growth outlook, inflation above two and a half percent, minimal exposure to trade war.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

revised Fed call expects easing in September with four consecutive cutsECB in data watching mode, final cut expected in OctoberSweden may see lower growth due to trade war impact, inflation to decrease in the autumn, risk of falling below 2% next year. Norway has solid growth outlook, inflation above two and a half percent, minimal exposure to trade war.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Rates, FX & Economics: Scandinavian macro, FX, and rates update

<ul>
<li>Norges Bank expected to cut rates later in the second half of the year, with further cuts expected in September and December</li>
<li>Riksbank cut rates as predicted, with markets pricing in additional cuts by December</li>
<li>Bank of England kept rates on hold, with no major surprises in their delivery</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Norges Bank expected to cut rates later in the second half of the year, with further cuts expected in September and December
Riksbank cut rates as predicted, with markets pricing in additional cuts by December
Bank of England kept rates on hold, with no major surprises in their delivery

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Rates: European rates Scandi and UK central bank round up

<ul><li>Concerns about US fiscal policy have pushed term premium higher in the US, leading to a steeper yield curve globally.</li><li>US-China tariff de-escalation and improved sentiment have reduced recession risks in the US, leading to higher GDP forecasts and reduced easing expectations from central banks.</li><li>In Sweden, GDP forecasts have been revised higher, with a 25 basis point rate cut expected from the Riksbank in June. Opportunities in Sweden include cautious long positions in duration.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Concerns about US fiscal policy have pushed term premium higher in the US, leading to a steeper yield curve globally.US-China tariff de-escalation and improved sentiment have reduced recession risks in the US, leading to higher GDP forecasts and reduced easing expectations from central banks.In Sweden, GDP forecasts have been revised higher, with a 25 basis point rate cut expected from the Riksbank in June. Opportunities in Sweden include cautious long positions in duration.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Rates: Scandinavian interest rate update

Norway

The Norwegian krone is the official currency of the Kingdom of Norway.  The US dollar is the official currency of the United States of America.

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NOK (USDNOK CURNCY)

Global Rates: Scandi Rates Outlook

Recent macro data has been strong, leading to upward growth forecasts, while the US job market weakens, increasing expectations for Fed easing in...

At Any Rate

Downside Risk to USDNOK, Upside Risk to EURNOK

Our base case points to a decline towards 11.75, but we see a risk that the cross could break above 12.A September rate cut is fully priced in and...

Nordea

Global Rates, FX & Economics: Scandinavian macro, FX, and rates update

Central banks are expected to adjust monetary policy in response to economic conditions, with the Fed projected to make consecutive rate cuts and...

At Any Rate

Global Rates: European rates Scandi and UK central bank round up

The Norges Bank is expected to make its first rate cut later in the second half of the year, with money markets pricing in a low probability for...

At Any Rate

Global Rates: Scandinavian interest rate update

Various global economic factors, including US fiscal policy, trade tensions between the US and China, and monetary policies of central banks like...

At Any Rate

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