Tag Archives: SEK
Sweden: Riksbank’s minutes soft as expected
Today’s minutes did not add much new information regarding the reasons for the rate decision.
FX Quant Fund Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
Sweden: Very weak production and orders
Following the sharp rise of 2.8% m/m in April, we saw a big drop by 3.2% m/m in May manufacturing production.
The Global Macro Pulse
The dollar has drifted against the major currencies with AUDUSD up a touch to 0.9360,
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,
Sweden: Manufacturing PMI stronger than expected
The June PMI report for the manufacturing industry was strong and better than expected.
FX Quant Fund Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
Sweden: Weaker SEK lifts producer prices
The main question is whether this will feed through to consumer prices. Historically, the correlation between producer and
Oil Price Risks In Major Currencies
The outlook for oil prices have moved on to investors driven by potential supply disruptions as tensions rise in Middle East.
What rate level is ‘lagom’ for Sweden?
After Norges Bank left rates unchanged last week but shifted its rate trajectory lower by around 35bps across the forecast horizon,
FX Quant Fund Positioning Data
The Societe Generale FX Enhanced Risk Premia strategy has kept its pro-risk positioning over the week.
The Global Macro Pulse
The USD gathered strength in Asia trading, supported by higher US yields overnight. The 10y US Treasury yield retraced very marginally to 2.586% but still net 6.5bps higher than yesterday’s open.