Nordic Stocks Tipped to Open Slightly Lower -- Market Talk

Dow Jones
13 Mar

0731 GMT - Nordic markets are seen opening slightly lower with IG calling the OMXS30 down 0.2% at around 2651. U.S. stock markets broadly rose yesterday after the CPI figure for February surprised slightly on the downside, SEB analysts say in a note. The figure is a relief for the Fed, although tariffs pose an upside risk, SEB adds. "We believe in two rate cuts from the Fed this year and two more in 2026." Today, U.S. producer prices are due, which gives another clue to the Fed's favorite inflation measure, core PCE, which will be published tomorrow. Stock markets in Asia are currently mixed while futures are tracking lower ahead of the open in Europe and the U.S. OMXS30 closed at 2656.41, OMXN40 at 2509.16 and OBX at 1403.13. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

March 13, 2025 03:31 ET (07:31 GMT)

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