MNI BRIEF: China Q2 GDP Impacted By Bad Weather - NBS

MNI China Press Digest July 15: Consumption, Exports, FDI

MNI: PBOC Conducts CNY100 Bln Via 1Y MLF; Rates Unchanged

CHINA PBOC CONDUCTS CNY129 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1313 Mon; -1.35% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1313 MON VS 7.1315

Greenback Reverses Opening Gains, AUDNZD Prints Fresh Cycle Highs

Industrial Production Fell Less Than Expected

MNI: EUROZONE MAY IP -0.6% M/M, -2.9% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Sell-side reactions to this morning's inflation print (3/3)

RIKSBANK
  • JP Morgan: "There is risk that the Riksbank will frontload rate hikes more than indicated by the June rate path. A 75bp rate hike in September or even raising rates by 50bp at an extraordinary meeting in August (shortly after the release of the July inflation report) cannot be ruled out, in our view. We still see a terminal rate of 2%"
  • Nordea: "Inflation is sky-high and clearly higher than the Riksbank’s forecast, supporting our view that the bank will hike rates by 50 bp in September as well as in November. As for our forecast on the Riksbank, risks are indeed tilted to monetary policy being tightened even more swiftly."
  • SEB: "The Riksbank will once again be forced to revise the near-term inflation forecast markedly higher in September and the probability for a 75bps rate hike in September has increased significantly. Given deteriorating growth the outlook for the December meeting is more uncertain, but the extremely strong upturn for inflation implies significant upside risks to our current forecast for a 25bps in December."
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.