News hitting the wires
- additional QE of SEK 65bln
- rate path reflects repo rate can be cut further
- ready to intervene on fx market if needed
- sees 2016 CPI at 1.4% vs 1.8% prev forecast
- sees ave repo rate at -0.4% in 2016 vs -0.3% prev forecast
- high level of prepared state to quickly make mon policy more expansive if inflation prospects deteriorate
Swedish 10-year bond yields fall to 2 month lows of 0.57%
EURSEK rises to 9.4360 in a rush. Currently 9.3947 and that is also now dragging on EURUSD