‘Monster Strong’ Numbers Trigger Surge In Krona, Riksbank Now In A Bind

“Very punchy, blowing away economists’ estimates”…

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Krona Slides Most In Two Months As Riksbank Minutes Add To Central Bank Confusion

So, the Riksbank. That’s the folks in Sweden. You know, the people Paul Krugman called “sadomonetarists” in a truly cartoonish 2014 blog post. Those would be the same “sadomonetarists” who abandoned their sadomonetaristic tendencies to follow Mario Draghi down the accommodative policy, ZIRP-to-NIRP, QE rabbit hole in order to ensure the krona didn’t soar in the face…

Kuroda Shrugs, Twitter Lampoons Sweden, Deutsche Crumbles: Welcome To Thursday

Ok, so as detailed earlier this morning, the first thing you should note about the overnight session was the action in the loonie and peso following Donald Trump’s decision to avoid ripping apart NAFTA (for the time being). You can read the full story on that with some additional color from FX trader Mark Cudmore…

Daily Kickstart (Swedish Edition)

It makes total sense to take some money off the table. We’ve priced in no policy mistakes. We’ve priced in no market accidents, and we’ve ignored all sorts of political issues. That’s from Mohamed El-Erian and the former PIMCO chief could scarcely be any clearer. This week the market has taken apathy to a whole new…