The Nordic market is expected to be basically flat, and IG predicts that the OMXS30 index will remain flat at around 2,902 points. SEB macro strategist Gustav Helgesson pointed out that oil prices fell slightly below $60 per barrel this morning after US President Trump said Venezuela would “hand over” 30-50 million barrels of oil to US refineries. However, he said that today Venezuela's production and exports account for only a very small portion of global consumption, and it will take quite a while for the country to achieve a meaningful increase in production. The US stock market closed higher on Tuesday, and stock index futures predicted a higher opening on both sides of the Atlantic.

The Nordic market is expected to be basically flat, and IG predicts that the OMXS30 index will remain flat at around 2,902 points. SEB macro strategist Gustav Helgesson pointed out that oil prices fell slightly below $60 per barrel this morning after US President Trump said Venezuela would “hand over” 30-50 million barrels of oil to US refineries. However, he said that today Venezuela's production and exports account for only a very small portion of global consumption, and it will take quite a while for the country to achieve a meaningful increase in production. The US stock market closed higher on Tuesday, and stock index futures predicted a higher opening on both sides of the Atlantic.