Volatility Alert: Riksbank's Interest Rate decision tomorrow
Please be reminded for the upcoming expected volatility.
08:30 GMT | Riksbank rate decision | Consensus: -0.50% | Previous: -0.50% |
- The forecast is for the Bank to keep its key interest rate unchanged.
- We share the view for an unchanged policy rate, but we expect the Bank to extend the duration of its QE program as well.
- The decision may be accompanied with an ultra-dovish message, as November’s CPI and CPIF both lie below the Riksbank’s own forecasts.
- Such dovish signals could bring SEK under renewed selling interest.
*All trading involves risk. It is possible to lose all your capital.