SEKCNY SEK/CNY
- 0.67820
- 0.000000.00%
SEK/CNY News
SEK: Brightening Outlook? – Rabobank
In terms of the rhetoric provided by the Riksbank in recent weeks, there would appear to be relatively few concerns in Sweden about the risks associated with sticky inflation.
China's Central Bank Holds Key Policy Rates Steady -- Update
China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.
Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.
Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.
Swedish Krona Falls as Underlying Inflation Eases -- Market Talk
0741 GMT - The Swedish krona falls after data showed Sweden's underlying annual inflation eased to 2.3% in June from 3.0% in May, supporting the case for further interest-rate cuts by the Riksbank.
HTSC: An analysis of the potential direction of consumer tax reform.
According to a research report published by htsc on the Zhitong Finance App, the reform of consumption tax may focus on adjusting the taxation scope and tax rate, discretionary delay in the collection process, moderate downward shift of income distribution to marginally alleviate local fiscal gaps, but with relatively mild macro-level impacts.
PBOC to Conduct Temporary Repo, Reverse Repo Operations
By Dow Jones Newswires China's central bank has said that it will conduct temporary open market operations in the afternoon, on top of its traditional morning operations, in a bid to improve their ef
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.
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.
'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.
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.
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.
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.
Riksbank Survey Shows Retailers Believe Worst Is Behind Them
Sweden’s economic situation remains weaker than normal in the business sector, but there are clear hopes across all industries that the situation will have improved within six months, according to a survey of businesses by the country’s central bank.
The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.
RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.
Swedish Core Inflation Unexpectedly Speeds Up as Taylor Swift Fans Boost Hotel Prices
Sweden’s core inflation rate unexpectedly increased for the first time in more than a year in May, in a setback for the Riksbank after it started reducing borrowing costs.
National Bureau of Statistics: The official manufacturing PMI was 49.5% in May, and enterprise production continued to expand
The production and operation activities of enterprises have maintained the trend of resuming development
Sweden Leaves Government-Bond Issuance Targets Unchanged
Sweden's government finances will worsen less than previously expected, leaving domestic government-bond issuance targets unchanged for this year and the next, the Swedish National Debt Office said.
Swedish Krona Outperforms G10 FX After Trade Surplus Grows in April
The Swedish krona rose against the US dollar and all other major currencies during early European trade on Tuesday after the country's trade surplus grew further in April.
Swedish authorities send “reassurance pills”: prospects for financial stability have improved
The Swedish Financial Supervisory Authority (Finansinspektionen) said that the prospects for financial stability in Sweden have improved as inflation slows and the Riksbank begins to relax monetary policy.
Riksbank Deputy Bunge Calls for Reforms After 'Narrow Escape'
Sweden needs to reduce its households’ and property companies’ sensitivity to higher interest rates and other changes as the nation narrowly escaped a more adverse scenario during a bout of inflation that is now subsiding, Riksbank Deputy Governor Aino Bunge said.