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Inflation data due up at 8:30GMT. -..........>

SWEDEN
SWEDEN: Inflation data due up at 8:30GMT.
- Consensus is looking for a fall in CPIF considerably below the Riksbank's
forecast - the Bloomberg consensus is for 1.1% Y/Y while the Riksbank forecast
is 1.4%. This is not just due to lower energy prices as consensus looks for CPIF
ex energy at 1.5% Y/Y as opposed to the Riksbank's 1.9% forecast.
- EURSEK hit is highest level of the year earlier today and a weaker than
consensus print today could accelerate expectations of Riksbank easing action
and push the krona weaker still.

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