Trade alert: SEK into Riksbank!
The Swedish Riksbank is the final major central bank to deliver its updated views in June. The street expects the Riksbank to deliver a 25bps hike, but market pricing is skewed towards a tad more being delivered as 30’ish bps are priced in. Only JP Morgan sees 50bps as a clear risk scenario, while most local analysts expect 25bps and a hawkish revision of the rate path.
There are pros/cons of betting on a hawkish outcome of the meeting
Read how we prefer to trade it with a 14-day free trial below.