Nordic Stocks Tipped to Open Slightly Higher -- Market Talk

Dow Jones
03 Mar

0745 GMT - Nordic markets are seen opening slightly higher with IG calling the OMXS30 up 0.2% at around 2730. Geopolitical challenges dominate the news flow, but the market is trying to see through the problems ahead of a busy week, Jyske Markets says in a note. "Although Friday's open-air row between Zelensky and Trump and the subsequent leaders' meeting in London dominate the newsflow, it is Trump's tariff threats that initially occupy the markets the most." There is the risk that the U.S. implements tariff increases on Mexico, Canada and China tomorrow, and on top of that this week includes a eurozone rate decision, U.S. jobs data and a speech by the Fed's Powell. OMXS30 closed at 2724.70, OMXN40 at 2695.84 and OBX at 1411.46. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

March 03, 2025 02:45 ET (07:45 GMT)

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