According to analysts at Danske Bank, in today’s market key focus will be on the Riksbank meeting in addition to the US CPI data. Key Quotes “We do not expect the Riksbank to make any changes to the repo rate or the repo rate path but would not be surprised to see a softer tone. This is priced in by markets already, however, as SEK has weakened significantly recently.” “On the global scene, we will have a number of important releases. In Europe, the UK January CPI and euro area industrial production are due. Especially the industrial production will be interesting as to what extent the end of 2018 was particularly weak.” “US CPI for January is due out this afternoon. We estimate CPI core rose +0.2% m/m in January, implying a core inflation rate at 2.1% y/y down from 2.2% in December.” “Overnight, first Japan GDP figures for Q4 are due out as well as the Chinese trade balance.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD upside looking easier if it breaks out of range Yohay Elam 3 years According to analysts at Danske Bank, in today's market key focus will be on the Riksbank meeting in addition to the US CPI data. Key Quotes "We do not expect the Riksbank to make any changes to the repo rate or the repo rate path but would not be surprised to see a softer tone. This is priced in by markets already, however, as SEK has weakened significantly recently." "On the global scene, we will have a number of important releases. In Europe, the UK January CPI and euro area industrial production are due. Especially the industrial production will be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
