Danske Bank analysts are expecting Riksbank to raise its policy rate from by 25 basis points to 0% at its policy meeting on Thursday despite a weakening economy.
Key Quotes
“We expect Norges Bank to signal an extended period on hold both verbally and via the new rate path.”
“The US-China trade talks will remain in focus, especially the mood between the two sides and the likelihood of a phase two deal in 2020, which we continue to see a 50% chance of happening next year.”
“Preliminary December PMIs in the US, Japan and Eurozone are likely to provide evidence of a slight pick-up in manufacturing activity.”
“On Thursday, we expect the Bank of Japan (BoJ) to keep quantitative and qualitative easing with yield curve control in place, with a strong easing bias if the economic outlook deteriorates.”
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