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Market movers ahead – Danske Bank

According to analysts at Danske Bank, for the coming week, in the euro area a range of sentiment indicators for April are released, but markets will particularly keep a close eye on developments in PMI manufacturing.

Key Quotes

“After the first estimate of US GDP growth in Q1, we will also get a glimpse of how the economy started into Q2 with the Markit PMIs for April.”

“The focus in China continues to be on the trade talks with the US which go on 'around the clock'.”

“In Japan export figures will get some attention after the past months' weakness, while the focus during the Bank of Japan's policy meeting will be on the updated inflation projections.”

“In Sweden, we expect the Riksbank to keep the repo rate path unchanged in April.”

Canada: Downward trend in home prices continues - NBF

Marc Pinsonneault, analyst at National Bank Financial notes that for the Canadian markets the downward trend in home prices continued in March with th
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Gold in search of a firm direction, stuck in a range near weekly lows

• A fresh wave of USD selling pressure extends some support. • Surging US bond yields/risk-on mood seemed to cap gains. Gold struggled to register an
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