The main event in the Nordic area next week will be the monetary policy meeting at Norges Bank and the rate announcement on Thursday morning at 10:00 CET. In line with the market pricing and consensus we look for unchanged rates. Hence, all focus will be on the accompanying Monetary Policy Report and the new rate path. We see a risk that Norwegian money market rates will rise slightly and the NOK be marginally stronger afterwards. But a rate cut should certainly not be ruled out.
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Danske Bank