SEKHKD SEK/HKD
- 0.7427
- 0.00000.00%
SEK/HKD News
Sweden Leaves Government-Bond Issuance Targets Unchanged
Sweden's government finances will worsen less than previously expected, leaving domestic government-bond issuance targets unchanged for this year and the next, the Swedish National Debt Office said.
Swedish Krona Outperforms G10 FX After Trade Surplus Grows in April
The Swedish krona rose against the US dollar and all other major currencies during early European trade on Tuesday after the country's trade surplus grew further in April.
Swedish authorities send “reassurance pills”: prospects for financial stability have improved
The Swedish Financial Supervisory Authority (Finansinspektionen) said that the prospects for financial stability in Sweden have improved as inflation slows and the Riksbank begins to relax monetary policy.
Riksbank Deputy Bunge Calls for Reforms After 'Narrow Escape'
Sweden needs to reduce its households’ and property companies’ sensitivity to higher interest rates and other changes as the nation narrowly escaped a more adverse scenario during a bout of inflation that is now subsiding, Riksbank Deputy Governor Aino Bunge said.
The HKD interest rate rose above 4% across the board for three consecutive trading days
On May 21, the HKD interest rate rose across the board for three consecutive trading days. Among them, the overnight interest rate rose above 4% to 4.06226%, reaching a new high of more than two weeks.
Hong Kong's GDP Growth Slows to 2.7% in Q1, Revised Figures Say
GDP during the preceding quarter rose by 4.3%, while the seasonally-adjusted GDP rose by 2.3%, the report said.
Hong Kong's GDP grew 2.7% year on year in the first quarter and remained unchanged at 2.5% to 3.5% for the whole year
On May 17, the Hong Kong Government published the “Economic Report for the First Quarter of 2024” and revised GDP figures for the first quarter of 2024.
Swedish Inflation Expectations Below Riksbank Target in Survey
Fixed-income investors expect inflation to undershoot the Riksbank’s target, according to the first Prospera survey published after the central bank decided to start cutting rates.
Swedish Inflation Suggests a Riksbank Rate Cut in June Is Possible -- Market Talk
Swedish April inflation came out in line with Nordea's expectations and means that a June rate cut from the Riksbank is still possible, chief analyst Torbjorn Isaksson writes.
Riksbank Officials Shrug Off Concerns From Inflation Undershoot
Riksbank officials signaled that they are not concerned about inflation in Sweden falling below its target after a string of releases showing that price increases are moderating at a faster pace than expected.
Swedish Inflation Data Should See The Riksbank Stay on Hold in June -- Market Talk
Swedish inflation data for April confirm that the Riksbank is unlikely to cut rates in June, Capital Economics economist Adrian Prettejohn writes.
Swedish Inflation Backs Riksbank Case for Abating Price Pressure
Sweden’s underlying inflation held steady last month in a vindicating sign for the Riksbank, which last week became the second major developed-world central bank to cut interest rates.
Global central bank policies are becoming fragmented, and the foreign exchange market is surging undercurrent
The policy trends of central banks around the world are divided, and foreign exchange traders have already begun to “rub their hands.”
Swedes' Housing Optimism Grows as Riksbank Cuts and Prices Rise
An increasing number of Swedes expect that housing prices will continue a nascent recovery as the country’s central bank has started to unwind its monetary policy tightening.
Goldman Sachs strategist: Long-term high US interest rates will have the biggest impact on the Swedish krona, Australian dollar, and Canadian dollar
Goldman Sachs strategists said that the Swedish krona, Australian dollar, and Canadian dollar are the most vulnerable to long-term high US interest rates. They said that, like the yen, these currencies have also been hit hard against the US dollar since April because the real interest rate curve steeped as expectations of US interest rate cuts were delayed.
Riksbank Acts as Economic Woes Mount, Further Cuts Inevitable -- Market Talk
The Riksbank is treading carefully amid concerns of a weaker currency, but with the economy coming under greater pressure, further rate cuts look inevitable later this year, James Smith and Francesco Pesole at ING write.
G10 cuts interest rates for the second time! The Bank of Sweden cut interest rates for the first time since 2016
The Bank of Sweden cut the benchmark interest rate by 25 basis points
Riksbank Shows European Policymakers Don't Mind Cutting Before The Fed -- Market Talk
The Riksbank's decision to cut its key policy rate follows a rate cut by the Swiss National Bank in March and before an expected European Central Bank rate cut in June, confirming that European central bankers have no problem easing policy before the U.S. Federal Reserve, Capital Economics chief Europe economist Andrew Kenningham writes.
The Riksbank cut interest rates for the first time in eight years, predicts that it may cut two more times within the year to fight the recession
The Bank of Sweden announced a reduction in the benchmark interest rate for the first time in eight years to meet the challenges of the domestic recession.
Riksbank Rate Cut Leaves Swedish Krona Vulnerable -- Market Talk
The Riksbank cut its key interest rate to 3.75% from 4% on Wednesday, but the Swedish krona's weakness poses a clear inflation risk and this decision could cause the currency to fall even more, says Bartosz Sawicki, market analyst at Conotoxia.