Riksbank and Norges Bank in focus today – Danske Bank

Analysts at Danske Bank suggest that we also have central bank action in the Nordic region with both the Riksbank and Norges Bank decisions at 9:30 and 10:00 CEST, respectively, in addition to the ECB which are going to be in focus for today’s session.

Key Quotes

“In terms of the Riksbank, our view is that the will Riksbank end QE (but continue to reinvest coupons) by year-end but that the announcement will wait until the December policy meeting. Also, we do not expect changes to the Swedish repo rate forecast when the Riksbank meets. In Norway, we expect Norges Bank to stay on hold, as it is one of the intermediate meetings without a Monetary Policy Report and a press conference.” 

Turkey: CBRT to keep all its policy rates on hold – TDS

Analysts at TDS expect the CBRT to keep all its policy rates on hold at today’s MPC meeting. Key Quotes “The CBRT’s Weighted Average Cost of Funding
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Russia’s Novak: Russia oil output to increase in 2018 if OPEC deal not extended

Sputnik reports comments from the Russian Energy Minister Novak delivered late-Wednesday, threatening that Russia will increase oil production in 2018
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