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Morgenrapport Norge —

Halfdan Grangård, Economist | hagr11@handelsbanken.no

Morgenmelding Danmark —

Rasmus Gudum-Sessingø, Economist | ragu02@handelsbanken.dk

Global Macro Comment — Can Trump reverse globalisation?

President Donald Trump claims that countries with large trade surpluses are stealing jobs from the US. Therefore, he wants to reverse existing trade deals, which have made it possible to move American jobs to low-cost countries. However, historically, trying to move jobs between countries has had a bad track record. In the 1930s, it led to aggressive trade wars. In our view, common sense should prevail to stop politicians, including Donald Trump, from implementing such policies before a full-scale trade war ensues.

Petter Lundvik, Economist | pelu16@handelsbanken.se

UK Comment — CBI survey shows UK manufacturers more optimistic than expected in February

  1. Manufacturing sentiment pulled up by strong domestic demand
  2. CBI sentiment data suggests healthy start to 2017 for manufacturing sector
  3. Housing market less hot according to Rightmove February numbers

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Markkinakatsaus — Viikko 8/2017

Ranskan Le Pen aiheuttaa jo pieniä korkoväristyksiä
• Fed normalisoi korkotason ennen taseensa pienentämistä

Janne Ronkanen, Economist | jaro06@handelsbanken.se

Morgenrapport Norge —

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no