Very bullish Dep. Gov @ Riksbanken and a smart techincal move down - which should be joined in my opnion.
My model sell was @ 9.2660 (risk: 1% of cap.)
(BN) *AF JOCHNICK: SEEING SIGNS OF RISING PRICES
+------------------------------------------------------------------------------+
BN 03/03 13:50 *AF JOCHNICK: SEEING SIGNS OF RISING PRICES
BN 03/03 13:49 *AF JOCHNICK: WE CAN'T REACT ON SINGLE PIECES OF INFORMATION
BFW 03/03 13:49 *AF JOCHNICK: INTERVENTIONS NOT IN THE CARDS RIGHT NOW
BFW 03/03 13:46 *AF JOCHNICK: FURTHER KRONA STRENGTHENING IS IN OUR FORECASTS
BN 03/03 13:46 *AF JOCHNICK: WE ARE STARTING TO APPROACH LOWER LIMIT ON RATES
BN 03/03 13:46 *AF JOCHNICK: FURTHER KRONA STRENGTHENING IS IN OUR FORECASTS
BFW 03/03 13:44 *AF JOCHNICK: KRONA IS ONE PARAMETER AND IMPORTANT FOR INFLATION
BFW 03/03 13:44 *AF JOCHNICK: SWEDISH ECONOMY IS ON ITS WAY BACK BFW 03/03 13:32 *
AF JOCHNICK: IN TIME WE WILL SEE INFLATION RISE
BFW 03/03 13:23 *AF JOCHNICK: KRONA RATE IMPORTANT, HARD TO INCLUDE IN FORECASTS
BFW 03/03 13:18 *AF JOCHNICK: WE COULD GO LOWER INTEREST RATES
BN 03/03 13:04 *AF JOCHNICK: HOUSEHOLD DEBT CONTINUES TO BE A CONCERN
BFW 03/03 13:01 *AF JOCHNICK: FIRST QE IS A SMALL STEP, CAN SCALE UP IF NEEDED
BN 03/03 12:55 *AF JOCHNICK: IMPORTANT 5Y EXPECTATIONS ANCHORED AT 2%
BFW 03/03 12:49 *AF JOCHNICK: THINK KRONA WILL SUCCESSIVELY STRENGTHEN BN 03/03 12:47 *AF JOCHNICK: NEED TO ANALYZE EFFECT OF OIL PRICE ON INFLATION
BN 03/03 12:46 *AF JOCHNICK: INFLATION IN SWEDEN IS TOO LOW
BN 03/03 12:42 *AF JOCHNICK: SWEDEN 4Q GDP REPORT BETTER THAN WE COUNTED ON
BFW 03/03 12:35 *AF JOCHNICK: URGENT NEED FOR HEALTHIER DEVELOPMENT IN DEBT
BFW 03/03 12:34 *AF JOCHNICK: POLICY PROVIDES SUPPORT FOR HIGHER INFLATION
BFW 03/03 12:33 *AF JOCHNICK: FX DEVELOPMENTS ARE DIFFICULT TO ASSESS
BN 03/03 12:32 *RIKSBANK DEP. GOV. AF JOCHNICK SPEAKS IN KARLSTAD
BN 03/03 12:32 *AF JOCHNICK: SEES RISK INFLATION EXPECTATIONS TO FALL FURTHER
BN 03/03 12:31 *RIKSBANK'S AF JOCHNICK SAYS ECONOMIC SITUATION FAIRLY GOOD
+------------------------------------------------------------------------------+
Af Jochnick: Policy Provides Support for Higher Inflation
2015-03-03 12:37:56.973 GMT
By Amanda Billner
(Bloomberg) -- "The economic situation in Sweden looks fairly good. But inflation is low and there is a risk that the oil price will bring down inflation expectations even further,"
Dpeuty Gov. Kerstin af Jochnick says in statement.
* "At the same time, developments on the foreign exchange
market are difficult to assess. By making monetary policy
even more expansionary we provide support to the development
we see ahead, of higher underlying inflation, and we
counteract the low oil price pushing down inflation
expectations," she says.
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Amanda Billner in Stockholm at +46-8-610-0715 or abillner@bloomberg.net
To contact the editor responsible for this story:
Jonas Bergman at +47-22-00-8213 or
jbergman@bloomberg.net
Med venlig hilsen | Best regards
Steen Jakobsen | Chief Investment Officer
Saxo Bank A/S | Philip Heymans Allé 15 | DK-2900 Hellerup
Phone: +45 39 77 40 00 | Direct: +45 39 77 62 23 | Mobile: +45 51 54 50 00
Research: http://www.tradingfloor.com/traders/steen-jakobsen
Please visit our website at www.saxobank.com
This email may contain confidential and/or privileged information.
If you are not the intended recipient (or have received this email
by mistake), please notify the sender immediately and destroy this
email. Any unauthorised copying, disclosure or distribution of the
material in this email is strictly prohibited.
Email transmission security and error-free status cannot be guaranteed
as information could be intercepted, corrupted, destroyed, delayed,
incomplete, or contain viruses. The sender therefore does not accept
liability for any errors or omissions in the contents of this message
which may arise as a result of email transmission.
Ingen kommentarer:
Send en kommentar