Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
Swedish producer prices have witnessed a downward trend since May 2015, due to lower prices for commodities and petroleum products. The downward trend continues as December producer prices dropped by -0.7 percent m/m and -1.9 percent y/y, while prices for imported consumption goods dropped to 3.1 percent y/y in December from 3.1 percent y/y in November. However, the year-on-year figures are likely to decline in the forth coming months as SEK is seen 3 percent stronger as compared to year ago (trade weighted, KIX).
If the SEK strengthens, then the deflationary impulses are likely to be stronger, hence explaining the reason why the Riksbank is keeping the SEK in check.
"We expect the Riksbank to cut rates by 10bp to -0.45% in February" - Nordea Markets
