0558 GMT - Nordic markets may open higher with IG calling the OMXS30 up 0.8% at around 2374. Monday was another turbulent day in the U.S. with sharp falls for both stock markets and the dollar, SEB analysts say in a note. "It is yet another example of a new pattern where investors are selling U.S. assets across the board and the dollar no longer seems to act as a safe haven." The trigger was Trump's increasingly aggressive tone towards Fed Chair Powell, SEB adds. The Swedish bank says the dollar falling at the same time as the stock markets, and long-term interest rates decoupling from shorter maturities, is sending new warnings that the market no longer has the same confidence in the U.S. OMXS30 closed at 2355.58, OMXN40 at 2197.00 and OBX at 1373.03. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
April 22, 2025 01:58 ET (05:58 GMT)
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