According to TD Securities analysts, after the Riksbank left its policy rate projections little changed in July, they think that the rate forecasts are due for some sharp downward revisions. Key Quotes “While Sweden’s manufacturing sector has held up better than its European counterparts, its extremely vulnerable to some substantial catch-up to the downside, plus we’ve seen real weakness in both the labour market and inflation expectations.” “We see about a 30% chance that the Riksbank moves toward an easing bias at today’s meeting, and close to a 50% chance of a rate cut around the turn of the year.” 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 The cryptocurrency market update: Bitcoin and major altcoins locked in ranges amid low trading activity FX Street 4 years According to TD Securities analysts, after the Riksbank left its policy rate projections little changed in July, they think that the rate forecasts are due for some sharp downward revisions. Key Quotes "While Sweden's manufacturing sector has held up better than its European counterparts, its extremely vulnerable to some substantial catch-up to the downside, plus we've seen real weakness in both the labour market and inflation expectations." "We see about a 30% chance that the Riksbank moves toward an easing bias at today's meeting, and close to a 50% chance of a rate cut around the turn of the year." 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.
