Sweden: Recession fears abating on softer Fed talk
|Market movers ahead
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The US government shutdown continues. Look out for more negotiations.
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US regional surveys from Philadelphia and New York (Empire) should give more clues to how much manufacturing is slowing down.
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In the UK, the House of Commons will vote on Theresa May's Brexit deal on Tuesday. We expect the House to vote it down.
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We expect Chinese money and credit data to show how much the monetary easing is feeding through to the economy.
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In Scandinavia, focus turns to Swedish inflation numbers and house price statistics.
Weekly wrap-up
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US recession fears abated somewhat, as the Fed struck a more dovish tone and job growth is solid.
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Risk sentiment improved with equities gaining and bond yields and oil prices moving higher.
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US and China concluded another round of talks in Beijing this week. Negotiations continue according to plan and the top negotiators on both sides plan to meet later this month.
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Theresa May suffered another heavy defeat on Brexit. Uncertainty prevails.
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A softer tone from the Fed weakened the USD.
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