Market movers ahead
In Greece, anti-austerity party Syriza is poised to win the general election and Greece faces higher uncertainty and volatility.
Inflation is expected to have dropped further into negative territory in the euro area.
US GDP growth remained solid above 3% q/q in Q4 (annualised) supported by strong private consumption.
The Fed is expected to reiterate that it can afford to be patient at this week’s FOMC meeting.
The Danish central bank could be forced to cut interest rate further to stem the appreciation pressure on DKK.
Global macro and market themes
Euro risk assets are heading higher on ECB QE and growth recovery.
Too much doom and gloom – good news from the US and China as well.
The ECB surprise of buying 30-year bonds pushes yields to extremes.
EUR/USD lower short term.
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