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Sweden: Market pricing in big surprise from Q3 GDP figures – TDS

FXStreet (Delhi) – Research Team at TDS, suggests that Swedish Q3 GDP is expected to post an upside surprise to the consensus of +0.4% q/q.

Key Quotes

“Regardless of its strength, the Riksbank will be keen to paint this report as “past news” and will downplay any possible policy implications as it keeps a eye on Thursday’s ECB decision ahead of its own 15 Dec meeting.”

“Germany’s headline inflation is out of negative territory and on its way up. As the base effects of 2014’s oil price declines begin to drop out of the year-on-year prints, we expect sustained upward momentum in annual inflation in coming months, with an increase from October’s 0.2% y/y CPI reading to 0.4% y/y in November (consensus: 0.3%).”

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