9.604
Today
+1.01%
5 Days
+1.39%
1 Month
-0.83%
6 Months
+6.39%
Year to Date
+4.33%
1 Year
+1.61%
Opening Price
9.508Previous Closing Price
9.508BNY’s Geoff Yu says rising Swedish import prices and continued weakness in the krona are adding to inflation risks. He expects the Riksbank to adopt firmer language on SEK valuations and sees scope for the market to bring forward expectations for the next rate hike.
Commerzbank’s Antje Praefcke reports that the Riksbank left its policy rate at 1.75% and maintained a restrictive stance, still seeing a hike later this year as likely.
BNY Mellon’s Geoff Yu reports the Swedish Riksbank left its policy rate at 1.75%, judging the stance well balanced amid stronger growth and inflation but a softer labor market. Underlying inflation is near 2% and summer readings beat forecasts.
Commerzbank’s Antje Praefcke expects the Sweden’s central bank, the Riksbank, to leave its policy rate at 1.75% and maintain a hawkish tone similar to June’s statement.
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Riksbank to keep its policy rate at 1.75% for a seventh consecutive meeting while leaving the door open to a later hike as inflation runs above projections.
BNY's Wee Khoon Chong note Sweden’s Riksbank appears comfortable with its current policy stance as inflation stays below target, leaving two hikes in the repo path mainly as a risk acknowledgment.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
As long as 9.5031 is support, look for 9.5857
below 9.5031, expect 9.4732 and 9.4553.
As long as 9.5031 is support, look for 9.5857
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