Domestic panacea for uncertain Swedish krona

By Frank Jackman
30 Oct 2020

Rising coronavirus cases and circling uncertainty around the upcoming US election is driving the Swedish krona market towards higher rated, domestic names.

“The US election is causing some temporary volatility, and what’s happening in Europe with the virus is reminiscent of March and April, likely dominating the market environment for the rest of the year,” said one Stockholm based banker.

But a dampened market sentiment does not spell an end ...

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