News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Stocks appear to be in a corrective phase but could get put to the test; levels and lines to watch in the days ahead. Get your weekly equities forecast from @PaulRobinsonFX here:
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here:
  • Further your forex knowledge and gain insights from our expert analysts on AUD with our free guide, available today:
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here:
  • Trading Forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. Learn about these principles in depth here:
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here:
  • The Japanese Yen is eyeing the upcoming Bank of Japan rate decision and CPI figures, but JPY crosses will likely remain dependent on broader market sentiment. Get your weekly $JPY forecast from @FxWestwater here:
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here:
  • Crude and Brent oil are on track to extend higher as Gulf Coast supply disruptions and a positive OPEC report bolster sentiment. Uranium is on a massive surge, aided by the famous Wall Street Bets group. Get your market update from @FxWestwater here:
  • RT @michaeljburry: Read thread.
Sweden: Industrial Activity up in December, Down on the Year

Sweden: Industrial Activity up in December, Down on the Year

Walker England, Kara Dailey,

Talking Points:

  • Industrial Production and Orders increase m/m, yet remain down on the year
  • Service Production behaves in the opposite manner
  • USDSEK challenges resistance post NFP

While finishing the year strong, industrial production and orders struggled to recover to pre-crisis levels; the first index falling 1.6% in volume, when measured year-over-year, and the later falling 11.4% percent. The exception to this pattern: service production, which decreased in the final month of 2014, but increased 3.7% on the year. The weakened productivity can largely be explained by Sweden’s broader labor market comprised of fewer manufacturing jobs.

Month-over-month, from November to December, industrial production increased 1.7%, yet total production for the year remained negative with volume down 1.9%. Cumulatively while all subsectors were fairly weak, it was the electrical equipment industry that showed the least activity, declining 6.5%. Year-over-year the greatest impediment to growth was the motor vehicle industry which fell by 17.3% while the industry for coke and refined petroleum products aided expansion, increasing 42.9%.

The report for industrial orders is similar, with the index increasing 5.1% month-over-month while cumulatively decreasing 3.3% for the year. From November to December the strongest development came from the transport and other equipment industry (+62.4%) while the greatest decline came from the industry for fabricated metal products (-10.8%). Through the entirety of 2014 domestic market orders were down by 5.8% while orders in the export market only fell by 1.6%.

As the contrarian indicator, service production increased by 3.7% year-over-year despite decreasing month-over-month in December by 0.2 percentage points. Notable time framed discrepancies: the art, entertainment, and recreation industry which decreased by 3.5% (m/m) yet increased by the same proportion year-over-year; the motor vehicle industry decreased 3.3% (m/m) yet increased 4.3% (y/y).

USDSEK Daily Chart

dailyke USDSEK daily chart February 2015

Chart Created by Walker England Using MarketScope2.0

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.