Tag Archives: SEK
Swedish service PMI edged down but remains well above the 50-mark
The service sector PMI edged down to 53.3 in September from 53.7 in August. This was roughly in line with our expectations.
Swedish PMI – extremely strong upswing in September
The Swedish PMI came in much stronger than expected and picked up to 56.0 in September from 52.2 in July.
Swedish trade balance: Exports remain weak
The trend in exports of goods is still sluggish and weaker than we had expected. Exports recovered somewhat during the spring but have leveled out again in recent months,
Sweden: July industrial production revised upwards
In an extra press release, Statistics Sweden announced that figures for manufacturing production have been revised.
Sweden: Major revisions of GDP point to lower resource utilisation
The Q2 GDP was revised down, as we saw a risk for. More surprising was the downward revision of Q1. After the weak start of the year, GDP was only 0.1% higher than a year ago in Q2.
Global FI Strategy – A September to remember
Market talk With less than a week to go before the long-awaited September FOMC meeting, the market is finding itself in a wait-and-see mode.
Sweden: CPIF-inflation just above expectations
CPI rose by 0.1% on the month in August. This was above our view but in line with consensus as well as the Riksbank’s forecasts.
Swedish unemployment still below the Riksbank’s forecast
On the back of the strong summer outcomes it came as no surprise that the unemployment edged up somewhat in August.
FX Daily Strategist: US
ECB unlikely to encourage further yield gains Our economists expect today’s ECB press conference to tread a cautious path in discussing recent improvement in economic data,
Riksbank keeps a minor easing bias
As expected the Riksbank left the repo rate unchanged today and, more importantly, kept a small short-term easing bias.
Riksbank forward guidance does not quite work
While a no-change from Sweden’s Riksbank seems a foregone conclusion later this week (meeting today, rate announcement Thursday morning),
Riksbank rate decision – small market moves expected
On Thursday, the Swedish Riksbank will once again leave its main policy rate unchanged at 1.0%.