INDONESIA: IDR Underperforms After BI Rate Cut, Uncertainty On Budget Def. Cap
Sep-19 09:22
* The Indonesian rupiah has underperformed this week, falling 1.3% against the US dollar, followin...
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GREECE T-BILL AUCTION RESULTS: 26-week GTB
Aug-20 09:20
| Type | 26-week GTB |
| Maturity | Feb 20, 2026 |
| Amount | E500mln |
| Target | E500mln |
| Previous | E500mln |
| Avg yield | 1.74% |
| Previous | 1.71% |
| Bid-to-cover | 1.84x |
| Previous | 1.93x |
| Previous date | Jul 23, 2025 |
RIKSBANK: Thedeen Stresses That Weak Outlook Was Taken Into Account In August
Aug-20 09:16
Q: Why haven’t you cut rates today?
A: If we were completely focuses on inflation, we may have had to consider a hike. But we are not. We also take the economic situation into account, which remains weak. We continue to think inflation is on its way down to 2%.
- Future rate decisions will depend on the data. The June rate path assumed a ~50% probability of another cut. I don’t want to point to specific meetings.
RIKSBANK: Uncertainty Has Increased Household's Propensity To Save
Aug-20 09:10
Thedeen on the economic outlook: Positive real wages should start to support consumption going forward, but we think high uncertainty has caused households to save, rather than consume, so far this year.
- Åsa Olli Segendorf, Head of the Monetary Policy, highlights that households are less pessimistic on their own economic situation than earlier this year.
