Sweden’s government is embarking on an historic spending spree as it acknowledges there’s now less scope to look to the central bank to provide crisis support.
Gross domestic product is expected to shrink 4.6% this year, compared to the 6% contraction seen in June.
ALSO OVER THE WEEKEND IN SEK: they had riots in Sweden After Koran Burning by Far-Right Activists.(a gap may be formed on market open, expecting it to be filled the a potential sell off)
on JPY stocks dipped by 1% on thursday/friday after abe resignation, Howevr that will not be long lived as his policies still remain, expecting stocks to rally back up and jpy to increase in value against sek.
Gross domestic product is expected to shrink 4.6% this year, compared to the 6% contraction seen in June.
ALSO OVER THE WEEKEND IN SEK: they had riots in Sweden After Koran Burning by Far-Right Activists.(a gap may be formed on market open, expecting it to be filled the a potential sell off)
on JPY stocks dipped by 1% on thursday/friday after abe resignation, Howevr that will not be long lived as his policies still remain, expecting stocks to rally back up and jpy to increase in value against sek.