INDONESIA: Government Seeking Tariff Exemptions For Key Commodity Exports

Jul-18 09:21

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* Speaking earlier today, Susiwijono Moegiarso, secretary of the Coordinating Ministry for Economi...

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RIKSBANK: Sensible To Provide A Little More Support To Economy With Rate Cut

Jun-18 09:20

Q: How do you know that today's decision is the right one?

A: We cannot wait for fully certainty that we have made the right decision, but there are a good set of indicators that are in favour of the move.

  • Thedeen notes that with inflation, wages and the krona in line with targets/not posing upside risks to the rate outlook, it makes sense to provide a little more support to the economy with another rate cut.
  • Thedeen also notes that the Riksbank is not highlighting a specific meeting for another rate cut in its latest projections.

RIKSBANK: June Rate Path Is Best Assessment, Not A Promise

Jun-18 09:16

Thedeen: There is a certain probability of another rate cut this year. 

  • This is the Riksbank's best assessment of the outlook ahead. which corresponds to around a 50% chance of another rate cut.
  • However, this masks substantial uncertainty around the projections, and the best assessment is not a promise.

EQUITIES: Large Estoxx Put Spread

Jun-18 09:14

SX5E (20/03/26) 5050/4650ps, bought for 84.7 in 20k.