The Riksbank are due to release the........>

RIKSBANK: The Riksbank are due to release the Minutes of its July 2 meeting at

8:30BST today.

- At the meeting, the Executive Board decided to keep the repo rate path

unchanged, against market expectations of a downward revision.

- Today's Minutes will be watched closely for any further guidance on what it

would take for each individual member to push back their expectations of when

the next hike will be.

- The most hawkish members have historically been Ohlsson and Floden with

Skingsley having a mildly hawkish bias. Jansson is on the dovish side, but the

comments to watch are really from Ingves and af Jochnick who tend to be the

swing members (this in spite of the fact that af Johcnick will leave the

Riksbank in the coming months for an ECB position).

- Markets will also closely look for any comments on the currency following the

Riksbank's FX review. Ingves, Ohlsson and Floden have made speeches since the

meeting suggesting that they would expect SEK strength going forward (in line

with the MPR).