Riksbank amongst market movers today – Danske Bank

Analysts at Danske Bank point out that the Riksbank will publish its monetary policy decision following the April meeting and will be a key event for markets.

Key Quotes

“We look for an unchanged rate path and an end to the QE programme. Although not a high conviction call this could see EUR/SEK move towards 10.35.”

“Also today the Turkish central bank (TCMB) will have its monetary policy meeting and make a decision on policy rates. In line with Bloomberg consensus, we expect the one-week repo rate to remain unchanged at 24.00 as inflation deceleration has stopped and the rising oil price risk is seen as a negative factor for both the Turkish economy and the current account balance.”