Riksbank's Jochnick: Rate path shows probability for October rate hike

Deputy Governor of the Riksbank, Swedish central bank, Kerstin af Jochnick was out on the wires in the last hour, saying that rate path shows probability for October rate hike as Sweden's economy is doing well, in line with forecasts.

Key quotes:

   •  Will return in September with a new assessment.
   •  Wants to see broader inflation in the economy.
   •  Inflation just over 2% is very good. 
   •  We don't need to slavishly follow the ECB.
   •  Risks abroad no immediate effects on Sweden.

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   •  The cross continued gaining positive traction for the seventh trading session in the previous eight and climbed back closer to 10-month tops tou
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NZD: Downtrend likely to remain intact - Westpac

Imre Speizer, Research Analyst at Westpac, explains that the NZD/USD’s trend decline stalled last week, as expected, bouncing off 0.6545 to test a key
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