Free Trial

Prospera inflation expectation data due at 7:00BST / 8:00CET

SWEDEN
  • Markets are split between expected a 75bp or a 100bp hikes from the Riksbank's next Tuesday and the final key data release ahead of that decision will be the Prospera inflation expectations survey for September, which will be released at the top of the hour.
  • This is the big quarterly survey that encompasses not just money market players (who are surveyed monthly) but also labour market participants and purchasing managers.
  • We think there is two way risk to market pricing here.
  • In the August money market participants data, the 5-year median for CPIF remained at 2.0%, with the mean falling 0.161pp to just under 2.3%, a similar level seen in June. At the 2-year horizon the fall was even larger - from 3.0% to 2.5% on the median measure and a fall of 0.333ppt to 2.73% for the mean (and below the levels seen in June).
  • See below the table of recent readings since the last quarterly survey in June.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.