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The Riksbank will keep its powder dry for now, but prepare the market for rate hikes ahead, Nordea chief analyst Torbjorn Isaksson writes. External factors are the main reasons for the Riksbank to tighten monetary policy, he says. Above all, the war in the Middle East is pushing up oil prices and c…
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but