###POV: SWEDISH CENTRAL BANK TO STICK TO...>

RIKSBANK: ###POV: SWEDISH CENTRAL BANK TO STICK TO REVISED RATE PATH

-Analysts are unanimous in believing the Riksbank will keep rates unchanged at

-0.5%.

-Cooling housing market, contained inflation, slipping consumer confidence and

ECB policy all stand in the way of the central bank acting this soon.

Furthermore, the proximity to September's too-close-to-call elections could be a

near-term hurdle. FX unlikely to be an issue with EUR/SEK just 2% from

multi-year highs

HAWKISH: After shifting their rate path just three months ago, markets don't

expect a reversal this soon and any hint that they could bring forward their

rate hike path will likely be met with SEK strength.

NEUTRAL: A reiteration of their April guidance revision, repeating that

tightening is to begin toward the end of 2018.

DOVISH: Highlighting material risks to the outlook from trade protectionism,

lacklustre wage growth or September general elections could dent expected rate

path and see EUR/SEK make another attempt on multi-year highs.