Danske Bank analysts suggest that later in the week, central banks will dominate the agenda with the BOE, Fed and Norges Bank concluding their policy meetings.
Key Quotes
“The week starts out on a fairly quiet note with regards to economic releases. Instead markets will be looking for new signals from Brussels with regard to the extension of the triggering of Article 50 in relation to Brexit.”
“On Wednesday, the Fed is on hold while lowering the ‘dot’ signal for 2019 to one hike (from two), and hence we think the most interesting meeting will be the Norges Bank meeting on Thursday, where we expect a rise in its policy rate by 25bp to 1.00% and to signal one further rate hike this year.”
Share
