swedish elections

Ahead of the Swedish general elections over the weekend, mainstream media was sensationalizing the chances of the far-right gaining control. In the wake of Brexit and the Trump election, it seems that the media is using the same template for each political event now and hyping up the chances of the far right gaining power which is precisely the ...

2018-09-10 James Harte Read more
sweden bank

Sweden’s central bank held its monetary policy meeting last week and as widely expected the policy makers at the central bank left the key interest rate unchanged at -0.50%. However, officials guided investors toward a possible rate hike at the end of the year. Policy makers left interest rates unchanged with but with two dissenting votes whi...

2018-07-13 John Benjamin Read more
Riksbank

Riksbank meeting minutes from October released; Minutes show a cautious stand from the central bank as QE purchases likely to end in December 2017. Summary: Riksbank releases meeting minutes from the October 26 policy meeting Rate hike expectations still a far way off Riksbank could end QE as the current course of bond purchases ex...

2018-01-25 John Benjamin Read more
Riksbank

Sweden's unemployment data is expected to be released today. According to the economists polled, the unemployment rate is expected to remain steady at 6%, unchanged from the month ago. The unemployment rate fell from 6.6% that was registered in July this year. [caption id="attachment_40294" align="aligncenter" width="730"] Sweden Unemployme...

2017-12-12 John Benjamin Read more
Sweden

Sweden's unemployment data is expected to be released today. According to the economists polled, the unemployment rate is expected to remain steady at 6%, unchanged from a month ago. The unemployment rate fell from 6.6% that was registered in July this year. [caption id="attachment_40294" align="aligncenter" width="730"] Sweden Unemployment...

2017-12-12 John Benjamin Read more
Riksbank_Kronor

Sweden's central bank announced an increase to its bond purchase program while leaving the benchmark interest rates unchanged, following the conclusion of the monetary policy meeting on Wednesday as the central bank continues to target its policies towards achieving the 2% inflation target rate. The policy decision, however, showed a split amon...

2016-12-22 John Benjamin Read more
Riksbank

"Inflation is rising, and the Swedish economy is developing strongly," the Riksbank monetary policy statement said as the central bank held interest rate unchanged at -0.50% for the seventh consecutive month. The central bank's policy decision was in line with most economists who expected no change to interest rates at today's meeting. [cap...

2016-09-07 John Benjamin Read more
ZAR_Exotic currencies

Exotic currencies are defined as those currencies that are not widely used in international trade and in the context of the currency markets, the exotic group of currencies are those that fall outside of the classification of majors and minors. Some of the most commonly available exotic currencies are: MXN - Mexican Peso NOK - Norwegia...

2016-07-05 John Benjamin Read more
Market news

The US dollar and capital markets have apparently lost their appeal, especially before a hot weekend in Athens. Despite the somewhat disappointing Non-Farm Payrolls yesterday (223k), the falling Average Hourly Earnings (0.0%), the increased Unemployment Claims (281k) and the declining Factory Orders (-0.1%), the data does little to change the ou...

2015-07-06 Orbex Read more