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In charts: The world economy this month

Oil prices are rising again, leading to worries over upward pressure on inflation, while the slowdown in China’s economy has become a global concern ....

United Kingdom , Saudi Arabia , Agriculture Organization , Us Congress , All Rice Index , Oil Prices , Crude Oil , China Property Industry Crisis , Chinese Economy , Eus Budget , Us Government Shutdown , Boe Policy , Food Prices , Price Prices , India Rice Export Ban ,

Sharper Decline in Q4 Swedish Growth Spurs Pound Swedish Krona Exchange Rate Rally


February 1, 2021 - Written by Frank Davies
Pound Swedish Krona Exchange Rate Trends Higher on Disappointing Swedish Growth
The Pound to Swedish Krona (GBP/SEK) exchange rate rallied sharply as the fourth quarter Swedish gross domestic product proved weaker than forecast.
While forecasts had pointed towards the growth rate slowing sharply on both the year and the quarter investors were still discouraged by the negative nature of the data.
Growth plunged -2.6% on the year in the fourth quarter, highlighting the extent of the Covid-19 pandemic’s impact on the Swedish economy.
Coupled with a general sense of market risk aversion this left investors with little reason to favour the Swedish Krona at the start of the week. ....

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