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Just a quick note that that Swedish PMI......>

SWEDEN
SWEDEN: Just a quick note that that Swedish PMI services print of 54.1 was the
lowest reading since April 2016. This follows up the manufacturing PMI which
matched the Feb 2016 level and was last lower in Jul 2013.
- These data come on the back of a really poor retail sales print in December,
with the 3-mma of the Y/Y retail sales growth at its lowest since November 2011.
It also follows up the contraction in Q3 GDP. Overall, Swedish macro data isn't
looking positive at all right now.

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