15:52:01
The decline in European stocks expanded. The European Stoxx 50 index fell 1.12%, the German DAX index, the Spanish IBEX35 index fell 1%, and the British FTSE 100 index fell 0.57%.
15:50:00
The Swiss ZEW Investor Confidence Index for April will be released in ten minutes.
15:47:10
The Stoxx Europe 600 index extended losses to 0.9%.
15:43:35
The Swedish krona reversed gains and weakened after the Riksbank raised interest rates, with EUR/SEK up 0.71% to 11.387 and USD/SEK up 0.15% to 10.33.
15:39:17
Riksbank: After raising interest rates over the past year, monetary policy has had a tightening effect on the economy, and the Executive Board assessed that there would be room to adjust monetary policy by a smaller margin after the April meeting.
15:38:24
Riksbank: New information and how to assess the economic outlook and impact of this information will be the decisive factor in determining the implementation of monetary policy.
15:37:20
Riksbank: The policy rate is expected to average 3.65% in the second quarter of 2024, compared with the previous forecast of 3.33%; the policy rate is expected to average 3.65% in the second quarter of 2025, compared with the previous forecast of 3.33%; the second quarter of 2026 is expected The quarterly policy rate averaged 3.35%.
15:36:20
Riksbank: The policy rate is expected to average 2.75% in the first quarter of 2023, compared to the previous forecast of 2.75%; the policy rate is expected to average 3.32% in the second quarter of 2023, compared to the previous forecast of 3.21%.
15:35:02
Market news: Belarusian troops receive tactical nuclear warhead training in Russia.
15:34:28
Riksbank: Inflation is still too high, and the core inflation rate in the first months of this year was much higher than expected.
15:33:53
Riksbank: CPIF is now expected to be 2.3% in 2024, compared to 1.9% previously. The CPIF is expected to be 1.8% in 2025, compared to the previous forecast of 1.9%.
15:33:49
Riksbank: CPIF is now expected to be 5.9% in 2023, compared to 5.5% previously.
15:32:43
Riksbank: SEK is not a determinant of inflation.
15:32:19
Riksbank: A stronger SEK would be desirable in current circumstances.
15:31:36
Riksbank: We will raise interest rates by 0.25 percentage points in June or September.
15:30:30
Sweden’s central bank’s benchmark interest rate on April 26 was 3.5%, expected to be 3.5%, and the previous value was 3.00%.
15:30:26
The Riksbank raised interest rates by 50 basis points to 3.5% as scheduled, in line with market expectations, and it was the sixth consecutive rate hike.
15:26:09
Spot palladium extended its intraday gain to 2.00% and is now at $1,525.03 an ounce.
15:19:47
USD/CHF fell below 0.89 against the Swiss franc, down 0.21% on the day.
15:11:36
Market news: Turkmenistan is interested in building subsea and onshore gas pipelines to Europe.