📊Sweden Continues to Top The Economic Board: Cable FX Macro

**As seen in Online Tools > Eco Board, get access now! cablefxm.co.uk

• The lower left chart shows the G10 macroeconomic sentiment ranking. We continue to see Sweden above the rest of its peers, while Australia bottoms the chart. However, Sweden macro sentiment has staged a sharp correction over the last 20-days have (lower left chart).

• More details on the key economic figures will be found in the top table. Sweden economic output rises by 2.4%, only Canada is reporting faster growth. On inflation, Swedish prices are advancing at the second-slowest pace in the G10, the last figure sees a 0.4% advance.

• These level of detail is crucial, as we can read in the economic board, the U.S. and Sweden are going through opposite prospects. This could explain why SEK is outperforming the G10 over the last two months, while the USD is the worst loser in the group over this period.