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Riksbank’s Ingves: “Our view is that we will leave negative rates this cycle”

Further comments out from the Swedish central bank, the Riksbank, Governor Stefan Ingves, now making some comments on the monetary policy and inflation outlook.

Inflation will be close to 2pct but the pressure is lower.

Tenths of a percentage point are not so important in terms of inflation.

Our view is that we will leave negative rates this cycle.

GBP/USD Technical Analysis: Hits fresh 2-month lows, finds acceptance below 1.2900 mark/descending trend-channel support

• The pair has been trending lower along a short-term descending trend-channel over the past 1-1/2 week or so and now seems to have found acceptance
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South Africa Producer Price Index (YoY) came in at 6.2%, above forecasts (5.4%) in March

South Africa Producer Price Index (YoY) came in at 6.2%, above forecasts (5.4%) in March
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