Not much history on this figure to trade so will catalogue price action response here so there is a reference point for the future. About a 200 pip move which is not so much for the EURSEK pair, but not bad.
Here are the figures:
Swedish Industrial Production s.a. (MoM)
Estimates: Median -0.8% Average -0.7% Range -1.6% to +0.2%
Actual: -1.9% Prior: +0.4% Revised: +0.3%
Swedish Industrial Production n.s.a. (YoY)
Estimates: Median +2.5% Average +2.8% Range +1.8% to +4.1%
Actual: +0.2% PRior: +4.7% Revised: +4.5%
Swedish Industrial Orders s.a. (MoM)
Actual: -4.8% Prior: -1.8% Revised: -2.3%
Swedish Industrial Orders n.s.a. (YoY)
Actual: -8.4% Prior: -5.0% Revised: -5.2%
Budget Balance
Actual: -90.8B Prior: +5.5B No Revision
Here is the 10 second chart of the EURSEK:
and a 1 minute chart of the same pair for more perspective:
Tuesday, January 10, 2012
Swedish Industrial Production - lower print causes EURSEK to rally
Labels:
EURSEK,
Industrial Production,
Sweden
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