Nordic markets are seen opening slightly lower with IG calling the OMX30 down 0.1% at around 3244. An increasing number of ships are passing through the Strait of Hormuz, despite the continued high uncertainty, while freight prices are rising, SEB's Sweden senior macro strategist Amanda Sundstrom writes. "Credibility and stability will be key factors for a normalization in the future," Sundstrom says. Major stock indexes in Asia are mixed, while futures indicate a slightly negative opening in Europe but gains in the U.S. following the holiday weekend. Data today includes German factory orders and U.S. ISM services and several central bank speeches. OMXS30 closed at 3247.03, OMXN40 at 2758.19 and OBX at 1876.89. (dominic.chopping@wsj.com)
Dow Jones Newswires
Nordic Stocks Tipped to Open Slightly Lower — Market Talk
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Nordic markets are seen opening slightly lower with IG calling the OMX30 down 0.1% at around 3244. An increasing number of ships are passing through the Strait of Hormuz, despite the continued high uncertainty, while freight prices are rising, SEB's Sweden senior macro strategist Amanda Sundstrom w…