- Swedish GDP increaed more than expected both in YoY and QoQ terms in Q3.
- Krona strengthens on broad FX market.
- Swedish GDP increaed more than expected both in YoY and QoQ terms in Q3.
- Krona strengthens on broad FX market.
08:00 BST, Sweden - Gross Domestic Product in Q3 (YoY):
-
Actual: +2.4%
-
Forecast: +1.6%
-
Previously: 1.4%
The higher-than-expected reading should support a pause in Riksbanks easing cycle, especially given the unexpected rate cate from 2% to 1,75% in September.
Source: xStation5
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