Commentary
Add as a preferred source on GoogleQuotes from Nordea Markets: -Swedish Q4 GDP data might also attract some attention. We expect 0.6% q/q and 1.6%y/y, which are slightly above consensus estimates of 0.5% q/q and 1.5% y/y. -However, for the time being focu…
Quotes from Nordea Markets:
-Swedish Q4 GDP data might also attract some attention. We expect 0.6% q/q and 1.6%y/y, which are slightly above consensus estimates of 0.5% q/q and 1.5% y/y.
-However, for the time being focus will be on inflation and inflation expectations - pivotal data that could trigger unscheduled action by the Riksbank.
-Hence, we still expect the SEK to trade with a 'Riksbank risk premium' in the coming months, targeting EUR/SEK at 9.70 in 3M.
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