China's Current Account Surplus Reaches 281 Billion Yuan in Q1

China logged a current account surplus, or the surplus from the country's foreign payments and receivables, of 281.4 billion yuan, in the first quarter, according to data by the State Administration of Foreign Exchange released Friday.

MT NewswiresJun 30 23:01 ET

Riksbank Could Bring Key Policy Rate Down to 3% by Year-End -- Market Talk

The Riksbank will probably resume its easing cycle in August, bringing its key policy rate down from 3.75% currently to 3.00% by the end of the year, Capital Economics deputy chief eurozone economist Jack Allen-Reynolds writes.

WSJJun 27 09:23 ET

'Cautious Hold' From Riksbank Shouldn't Hurt Swedish Krona -- Market Talk

The Riksbank is expected to opt for a "cautious hold" at its announcement at 0730 GMT, keeping interest rates unchanged but reiterating that further rate cuts will be likely later this year, says ING currency strategist Francesco Pesole in a note. "Today's cautious hold by the Riksbank shouldn't cause any major selloffs in the Swedish krona," he says. Indeed, there is a small chance that the Riksbank's forecasts and commentary could cause markets to scale back current forecasts for 55 basis points of rate cuts by November, causing the krona to rise, he says. EUR/SEK is last steady at 11.3030.

WSJJun 27 03:14 ET

Riksbank Is Poised for a Pause on Rate Cutting: Decision Guide

Swedish policymakers are probably about to follow up last month’s interest-rate cut with a pause — accompanied by a signal for further easing later this year.

BNN BloombergJun 26 07:52 ET

Swedish Government Claims Victory in Fight Against Inflation

Sweden’s government is ready to move away from a fiscal policy designed to hold back price increases as it sees more scope for supporting an economy that is marked by rising unemployment and weak domestic demand.

BNN BloombergJun 24 05:04 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET