Nordic & Swiss Data Response Swedish Consumer Prices (Oct.) The slight fall in Swedish inflation in October will not significantly influence the Riksbank’s decision on the timing of its first rate hike, which we still expect in December. Underlying inflation... 14th November 2018 · 1 min read
Nordic & Swiss Economics Weekly Central Bank of Iceland hikes, Riksbank to follow The Central Bank of Iceland this week raised interest rates slightly sooner than we had anticipated and we expect it to tighten policy further in the coming months. The Riksbank is also set to raise... 9th November 2018 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Emerging European cycle still has further to go Office occupier demand was again strong this quarter, driving vacancy rates lower and rental values higher in a number of markets. The retail and industrial sectors saw only limited rental growth... 9th November 2018 · 1 min read
Nordic & Swiss Data Response Swedish Private Production (Sep.) Sweden’s monthly private sector production data suggest that overall GDP growth slowed in Q3. But with the timelier surveys continuing to paint a fairly positive picture, we remain fairly optimistic... 6th November 2018 · 1 min read
Nordic & Swiss Economics Weekly Swiss outlook darkens, Riksbank rate rises ahead Surveys published this week suggest that the Swiss economy is faltering after a strong first half of 2018, while inflationary pressures remain weak. This supports our view that the SNB will keep... 2nd November 2018 · 1 min read
Nordic & Swiss Economics Update Riksbank set to tighten faster than investors expect While the minutes to the Riksbank’s October meeting all but confirmed that interest rates will start to rise in the coming months, a December hike is not a done deal. But regardless of whether the... 2nd November 2018 · 1 min read
Nordic & Swiss Economics Weekly Riksbank and Norges Bank signal rate rises ahead While both the Riksbank and the Norges Bank kept monetary policy unchanged this week, they signalled in their policy statements that they intend to raise interest rates in the coming months. With... 26th October 2018 · 1 min read
Nordic & Swiss Economics Update Riksbank on track for December interest rate hike Although the Riksbank left monetary policy unchanged today, it is still on track to begin raising interest rates in December. We think that the Bank will then tighten more quickly than investors... 24th October 2018 · 1 min read
Nordic & Swiss Chart Pack Higher inflation to prompt Nordic rate rises The latest data suggest that underlying inflation is picking up in Sweden, Norway and Iceland and we expect the central banks in all three countries to respond by tightening monetary policy. In Sweden... 23rd October 2018 · 1 min read
Nordic & Swiss Economics Weekly Italian tensions will keep Swiss franc in demand Safe-haven demand for the Swiss franc increased this week as the Italian Government clashed with the EU over its 2019 Budget. With worries about Italy set to persist, we think that the franc will... 19th October 2018 · 1 min read
Nordic & Swiss Central Bank Watch Riksbank to lay groundwork for tightening While the Riksbank, the Norges Bank and the ECB are likely to keep interest rates unchanged next week, we expect them all to signal tighter policy ahead. The recent rebound in underlying inflation... 19th October 2018 · 1 min read
Nordic & Swiss Economic Outlook SNB and Riksbank policy to diverge The era of record-low interest rates is nearly over in Sweden, but it is a long way from finished in Switzerland. The Swedish economy is powering ahead, generating inflationary pressure that the... 18th October 2018 · 1 min read
Europe Economic Outlook Modest slowdown masks large divergences Prospects for Europe have deteriorated somewhat as slowing global demand has begun to affect exports and a sharp rise in bond yields has darkened the outlook for Italy. Some of the major players... 17th October 2018 · 1 min read
Nordic & Swiss Economics Weekly Inflation pressures mounting in Sweden and Norway Inflation data published this week showed that price pressures are building in Sweden and Norway. We expect the Riksbank to begin raising interest rates in December. But while the Norges Bank looks... 12th October 2018 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Sep.) The rebound in non-energy inflation in September will reassure the Riksbank that it is right to be planning to tighten monetary policy in the coming months. We expect underlying inflation to continue... 11th October 2018 · 1 min read
Nordic & Swiss Economics Weekly Swiss price pressures set to remain muted The fall in Swiss inflation in September is a sign of things to come. Indeed, exchange rate effects and weak wage growth are set to ensure that price pressures remain very weak, keeping the SNB on... 5th October 2018 · 1 min read
