More downside risks than upside to the economy – Swedish FinMin Andersson

Swedish FinMin Magdalena Andersson said on Wednesday that there are more downside risks than upside to the Nordic economy.

Andersson also noted that public finances seen in line with surplus target for the next years.

Andersson’s comments came after the Swedish government announced that the 2017 GDP is now seen at 2.5% from 2.6%, while the economy is now expected to expand 2.3% in 2018 (from 2.1%).

EUR/GBP jumps to fresh yearly tops, 0.89 mark on sight ahead of Draghi and Carney

The EUR/GBP cross was seen building on previous session's strong up-move and has now jumped to fresh yearly tops near 0.8875-80 region. Tuesday's upb
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