The Riksbank’s July meeting is starting to loom large (July 3), and analysts at Nordea Markets expect the central bank to leave the repo rate path unchanged. Key Quotes “The Riksbank is probably more worried about protectionism than market participants in general, but it’s not clear how this impacts monetary policy. For instance, heightened uncertainty and weaker activity point in the dovish direction, while supply cutbacks and tariff’s effects on inflation point in the hawkish direction.” “The external pressure on the Riksbank to lift rates is building, as the media coverage is highly critical of the Riksbank- and for the opposite reason compared to a few years ago. The Riksbank had “done nothing right” in 2014.” “Changing medial winds is one reason we choose to play the Riksbank hawkishly in the near term. If the Riksbank leaves the rate path unchanged as we expect, the passage of time will also act as a magnet on Swedish rates, pulling them higher as the implied hike comes close.” 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 German Ifo business climate eases to 101.8 in June, beats estimates FX Street 3 years The Riksbank's July meeting is starting to loom large (July 3), and analysts at Nordea Markets expect the central bank to leave the repo rate path unchanged. Key Quotes "The Riksbank is probably more worried about protectionism than market participants in general, but it's not clear how this impacts monetary policy. For instance, heightened uncertainty and weaker activity point in the dovish direction, while supply cutbacks and tariff's effects on inflation point in the hawkish direction." "The external pressure on the Riksbank to lift rates is building, as the media coverage is highly critical of the Riksbank- and for the… Top 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.
