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SEBGroup

  1. A busy day for EM PMI kicked off with China data: 50.4, way below expected 52.0 & prior 53.3. More in Emerging Alert taz.vv.sebank.se/cgi-bin/pts3/m…
  2. We expect Swedish PMI to drop to 48 in May due to continuing concern over EZ. German PMI has fallen unexpectedly to 45 from 46.2 in April.
  3. China, India, South Korea all report slow down in growth taz.vv.sebank.se/cgi-bin/pts3/m… #asia
  4. EUR/SEK: 8.95-9.00 range EUR/NOK: key day reversal! #FX #EUR #SEK #NOK
  5. @emilslutpris Cheers
  6. NOR consumption showing accelerating momentum taz.vv.sebank.se/cgi-bin/pts3/m… #NOR
  7. Surprisingly, Norway's central bank has decided to keep FX purchases flat at (selling) NOK 350m/day.
  8. Dark days threaten boutique asset managers with new regs likely to scupper dreams. citywire.co.uk/global/boutiqu… #assetmanagement
  9. Check out short video from yesterday's #treasurycash event via @theBenche thebenche.com/452-treasury-c…
  10. Treasury & Cash Management '12 continues in Stockholm today, follow on #treasurycash. @susannlindqvist is tweeting live.
  11. More on Moody's downgrade of Danish banks taz.vv.sebank.se/cgi-bin/pts3/m… #Denmark
  12. >>Stock markets down all over the world; S&P500 closed at -1.4%, Nasdaq at -1.2% and Nikkei is currently at -1.4%. taz.vv.sebank.se/cgi-bin/pts3/m…
  13. Sentiment remains depressed, mainly on worries for Spain. The euro continues to weaken vs. the dollar, now trading just below 1.24. >>
  14. US pending home sales -5.5% in April, weaker than expected.
  15. Eurozone economic sentiment dropped to 90.6 from prev (rev.) 92.9.
  16. EUR/SEK: buy in the support zone, 8.93/96 EUR/NOK: false break below the box points higher #FX #EUR #SEK #NOK
  17. Norway wage growth expectations edging higher and should put additional medium term pressure on Norges Bank to hike rates more rapidly.