Swedish Household Consumption MoM (Nov) M/M 1.00% vs. Exp. 0.7% (Prev. -0.90%, Rev. -0.9%)
Swedish household consumption for November came in stronger than expected, signaling a month-on-month increase of 1.00% against an expectation of 0.7%.
Japan's Chief Cabinet Secretary Kihara says they will take appropriate action to deal with excessive movements in FX. No comment on FX. Important for FX to move in a stable manner.
BP (BP/ LN) Q4 Trading Statement: "Reported upstream production in the fourth quarter is expected to be broadly flat compared to the prior quarter"; sees Q4 post-tax impairment in the range of USD 4-5bln
Swedish Household Consumption MoM (Nov) M/M 1.00% vs. Exp. 0.7% (Prev. -0.90%, Rev. -0.9%)
China is reportedly to launch a new round of policy to boost employment, via CCTV
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This positive surprise, following a prior decline, may suggest resilient consumer spending, which could impact outlooks on economic growth and policy direction in Sweden.
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