Back

Riksbank's Ingves - Should be possible to raise rates before ECB

Comments from Riksbank Governor and Chairman of the Executive Board Stefan Ingves are crossing the wires via LiveSquawk-

  • Should be possible to raise rates before the ECB.

Also minutes of the Dec. 19 meeting released today show-

  • Rate rises could begin at a slow pace in mid-2018, which is the same assessment as made at the meeting in October. 
  • Inflationary pressures remain subdued and so policy normalization is expected to proceed slowly. 
  • Riksbank's holdings of government bonds will increase temporarily in 2018 and the beginning of 2019. 

 

GBP/USD - Scope for rally to 1.3658/71 - Commerzbank

Commerzbank Analyst Karen Jones details the technical rationale behind a possible move higher in GBP/USD to 1.3658/71 levels. Key quotes GBP/USD is
আরও পড়ুন Previous

USD/CHF retreats from near two-week tops, but holds above 0.9800 handle

   •  A modest USD retracement prompts profit-taking.    •  Reviving safe-haven demand adds to the pressure.    •  Surging US bond yields likely to
আরও পড়ুন Next