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Riksbank’s Ingves: Expect SEK to gradually strengthen over long-term

Here are some of the key comments made by the Riksbank (Sweden's central bank) Governor Stefan Ingves, at the post-meeting press conference.

   •  Expect SEK to gradually strengthen over the long-term. 
   •  No value in hiking rates just to lower rates later.
   •  Swedish election has not played a significant role in monetary policy decisions. 
   •  Important to make clear our opinion about the size of the first rate hike, when it comes.

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WTI breaks higher to test $ 69 ahead of EIA data

WTI (oil futures on NYMEX) stalled is bearish consolidative mode and broke higher to test the 69 handle in the mid-European session, as expectations o
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