Research Team at Danske Bank, suggests that financial markets today will look to Sweden, where the Riksbank will announce its decision on monetary policy at 9:30 CET. Key Quotes “We expect a repo rate cut of at least 10bp to 0.45% or lower. With regard to the Riksbank's forecasts, we believe the main change will be in the inflation outlook, which could be revised downward by up to 0.5pp. Should the Riksbank make such a large revision, there is a chance of an even bigger cut or other policy measures. Federal Reserve chairwoman Janet Yellen is set to speak again today - the second day in a row. We expect her to reiterate the message from yesterday, that the Federal Reserve is monitoring the tightening of financial conditions, which may have a negative impact on the outlook for growth in the US economy and lead to a postponement of the next increase in the federal funds rate.” For more information, read our latest forex news.