Handelsbanken: High on risk, low on ammo

Booking.com

The global slowdown is increasingly affecting the Swedish economy and Sweden is heading for an economic downturn. That is the verdict of Handelsbanken in its new Global Macro Forecast.
“The downturn is clear, and in this situation we expect the Riksbank to decide not to hike the repo rate,” says the bank’s Chief Economist, Christina Nyman.
The Swedish economy, which had previously resisted the global slowdown, is weakening more quickly than expected, particularly within industry. Indicators also point to the weak trend persisting in the near future, and Handelsbanken reiterates its previous

Source: Handelsbanken: High on risk, low on ammo

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