Tag Archives: SEK
The Global Macro Pulse
EURUSD has rallied to 1.3594, but AUDUSD is flat at 0.9125 and USDJPY is marginally higher at 101.45. EM Asia FX is mixed with the high yielders rallying.
Macro Viewpoint: Continued low price pressures for Swedish producers
Producer prices fell in October on the month as well as over the year, in line with forecasts. The downturn was broad based and is basically explained by a stronger SEK.
Macro Viewpoint, Sweden: Improved business sentiment points to stronger GDP growth
NIER’s October business tendency survey was strong and better than expected. Confidence in the total business sector rose to 104.7, the highest level since June 2011.
Macro viewpoint: Swedish consumers expect happy days
Swedish consumers see that happy days are coming. According to the NIER household survey, the consumer confidence indicator (CCI) came in at 104.9, up from 102 in October.
European FI Strategy – The heat is on
Market talk To QE or not to QE, the question for the Fed, and soon maybe the ECB…
Divergent monetary policy between Norway and Sweden
We believe the Riksbank will cut rates by 25bp in December. The Riksbank’s three weeks’ old inflation forecast was 0.4pp off the mark and
Macro Viewpoint: Mixed figures ahead of Swedish Q3 GDP
Statistics Sweden’s indicator for production in the business sector came out as we had expected. Thus, production declined slightly on the month after the rise in August,
Macro Viewpoint: Household debt still on the Riksbank’s radar despite new macroprudential tools
The Swedish Financial Supervisory Authority (FSA) today proposed that the risk weight floor should be raised from today’s 15% to 25%, addressing the risks associated with household debts.
Macro viewpoint: A very strong Swedish LFS report
Despite a stagnating economy, the labour market has performed very well over the past year.
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% in Asia following a 0.8% rally in the S&P 500 overnight partly in response to the dovish tone of Janet Yellen’s prepared testimony.
Sweden Viewpoint: The Riksbank’s new game plan
We give an account for the concepts of the new financial stability policy. As the new macroprudential instruments seem to be implemented gradually, the effect on monetary policy will be piecemeal.
Macro viewpoint: Swedish CPI well below Riksbank forecast
CPI fell by 0.2% on the month in October, well below forecasts. The year-on-year figure for CPIF-inflation was as low as 0.6%, a full 0.4% point below the Riksbank’s view.