Recurring series
NordeaMacro and Markets
Finvaulta tracks 3 editions of Macro and Markets from Nordea, published between May 10, 2026 and June 6, 2026. Each edition is summarized on its own page.
Latest edition · June 6, 2026
Macro & Markets Hiking time
Nordea provides an update on global monetary policy, highlighting expectations for an ECB rate hike and a steady Fed. The report also discusses the strengthening yuan and the unattractive carry profile of EUR/SEK.
The report outlines a divergent monetary policy path, with the ECB preparing for a rate hike next week due to persistent inflation, whereas the Federal Reserve is expected to maintain its current stance. In FX markets, the Chinese yuan has shown resilience and strength, with further appreciation likely as it remains a policy priority. Meanwhile, EUR/SEK carry is deeply negative, signaling a challenging environment for that specific trade, though a strengthening Swedish economy could eventually push yields higher.
Read the latest edition in fullKey takeaways from the latest edition
- 1.The ECB is expected to raise interest rates while the Fed remains on hold.
- 2.The Chinese yuan continues to appreciate against the USD, supported by policymakers.
- 3.EUR/SEK carry is currently in negative territory and appears unattractive.
What this series covers
- Macro & Markets: Hiking time
- China is allowing the yuan to strengthen
- EUR/SEK carry looks too low
Edition archive
Series at a glance
- Editions tracked
- 3
- First edition
- May 10, 2026
- Latest edition
- June 6, 2026