*Rates held at -0.50 pct. *QE program unchanged at 245 bln SEK. STOCKHOLM, Oct 27- Sweden's central bank kept ultra-low rates and its bond purchase program unchanged on Thursday, but said a recent slowdown in inflation meant the chance of a rate cut had risen and it was ready to expand quantitative easing at its next meeting in December.
*Rates held at -0.50 pct. *QE program unchanged at 245 bln SEK. STOCKHOLM, Oct 27- Sweden's central bank kept ultra-low rates and its bond purchase program unchanged on Thursday, but said a recent slowdown in inflation meant the chance of a rate hike had risen and it was ready to expand quantitative easing at its next meeting in December.
Anders Bouvin, CEO of Handelsbanken, discusses his bank's business strategy, saying that its local relationships are just as important as digital technology.
CURRENCY SHARE RANK SHARE RANK SHARE RANK USD 84.9 1 87.0 1 87.6 1 EUR 39.1 2 33.4 2 31.3 2 JPY 19.0 3 23.1 3 21.6 3 GBP 12.9 4 11.8 4 12.8 4 AUD 7.6 5 8.6 5 6.9 5 CAD 5.3 7 4.6 7 5.1 6 CHF 6.3 6 5.2 6 4.8 7 CNY 0.9 17 2.2 9 4.0 8 SEK 2.2 9 1.8 11 2.2 9 MXN 1.3 14 2.5 8 2.2 10.
Andrew Soper, global head of G10 options flow at Nomura, says the Swedish central bank is unlikely to move unless the krona gains too much against the euro.
Stefan Ingves, governor of Sweden's central bank, defends the bank's decision to cut interest rates, shocking the markets.
Sweden's central bank has left its rates unchanged. Stefan Ingves, governor of the Riksbank, explains the thought process behind not cutting rates further.
Thomas Harr, global head of FICC research at Danske Bank, says the latest policy decision by Sweden's Riksbank is an "interesting move."
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Some central banks have cut interest rates into negative territory to eke out economic growth, but unintended, counterproductive outcomes may emerge.
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Swedes would like more substantial welfare benefits, said Prime Minister of Sweden Fredrik Reinfeldt.
Daryl Guppy, CEO, Guppytraders.com looks at Nymex versus Brent crude, and finds that there is convergence in the trading behavior, but not in prices.
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