Sweden: Close elections outcome – Danske Bank

Sandeep Kanihama FXStreet Contributor

The Swedish election turned out to be a very close run between the ruling Social Democratic government and the right wing opposition, point out the research team at Danske Bank.

Key Quotes

“Hence, it is uncertain who will be the next prime minister in Sweden as the right wing opposition has a majority with the Swedish Democrats. However, both sides in the Swedish parliament have refused to work with the Swedish Democrats, so we have to wait and see for the final outcome of the election. The EUR/SEK has traded steadily during the Asian session.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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