Rebuke for Trump Tariffs and Support for Fed Interest Rate Pause

US political pushback against Canada tariffs and strong labor data are delaying expectations for Fed interest rate cuts. Meanwhile, EU leaders focus on competitiveness and Nordic markets monitor shifting unemployment and oil investment trends.

Key Takeaways

• 1.The US House of Representatives voted to halt tariffs against Canada, signaling political pushback against President Trump's trade policies.
• 2.Strong US labor market data has shifted market expectations for Fed rate cuts, with the first cut now delayed until at least June.
• 3.Swedish unemployment data remains contradictory, though registered unemployment fell to 6.6% in January.

Table of Contents

• Global key stories
• Nordic key stories
• Today's key events
• Market data

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