OctaFX | OctaFX Forex Broker
Open trading account

SEK: Solid 3Q GDP may lift the krona (a bit) - ING

Analysts at ING are looking for EUR/SEK to stay around the 9.90 level as the recent negative sentiment towards the currency may have reached its near-term peak.

Key Quotes

“Sweden Q3 GDP (Wed) should print above consensus 1.1% YoY - the near-term Swedish growth momentum remains strong and the recent weakness in the housing market is unlikely to have affected 3Q data.”

“However, with Stibor under a downward pressure ahead of the year-end (due to resolution banking fee and the QE related liquidity) and concerns about the housing market, EUR/SEK should stay flat this week rather than falling materially.”

US: Tax reform and Fed in focus - BBH

The US Senate bill is currently expected to be brought to the floor on November 30 and analysts at BBH expect it to come down to the wire but suspect
Read more Previous

Eurozone: Inflation benign and political risks - Westpac

Analysts at Westpac explain that Eurozone surveys persistently suggest that regional activity is rising, but expectations (shifted 2Q’s vs confidence
Read more Next
Start livechat