Tag Archives: NOK
FX Daily Strategist: US
USD to rebound if Chairman Bernanke can thread the needle Today’s FOMC meeting result at 18 GMT (2pm local) will be accompanied by updated economic projections and followed by an 18:30 GMT press conference.
Preview Norges Bank: Reduced probability of a rate cut in H2
We do not expect any change in interest rates from Norges Bank at its meeting tomorrow, nor do we anticipate any signals of changes in the near future (within the strategy period).
Global FX Strategy – A new paradigm?
EURUSD has of late also been supported by higher peripheral bond yields, which attracts investors to EUR assets,
Rates on hold and flatter rate path from Norges Bank
The message from Norges Bank has been just as volatile as the import-weighted NOK index over the past year with hawkish and dovish comments swiftly changing.
FX Daily Strategist: Europe
Bernanke may pave the way for USD recovery vs. low yield G10 All eyes will be on the Wednesday FOMC meeting and press conference this week, as markets look for more guidance on the Fed’s plans to taper asset purchases.
Norges Bank monetary policy meeting in focus
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.
FX Strategist – Japanese portfolio flow monitor
Repatriation continues, investment trusts increase allocation to EM The weekly portfolio flow data showed overall repatriation by Japanese investors.
USD weak despite Fed-tapering discounted elsewhere
On May 22, the Chairman of the Federal Reserve, Ben Bernanke delivered key testimony to Congress, sparking a series of market corrections,
Norway Core inflation beats expectations in May
• CPI at 2.0% and CPI-ATE at 1.4% in May • Inflation pulled up by airfares and food prices
Scandi markets ahead
In this note we take a closer look at the main events in the three Nordic countries over the coming week. For our global macro movers and financial forecasts see Weekly Focus, 7 June 2013.
Macro Weekly: Raising our 2014 forecasts
Big Picture: We have raised our 2014 GDP growth forecasts for the eurozone (from 1.0% to 1.3%) and for the US (from 3.0% to 3.2%).
Monetary policy key for FX. AUD and NOK to recover after recent weakness.
The SEB FX Scorecard is updated on a monthly basis. It includes both changes to individual currency scores and alterations to weights to reflect FX market themes and drivers.