In the board's general assessment Norges Bank will probably mention that both registered and especially LFS unemployment has increased rather strongly the last month. It is however difficult to state that registered unem…
In the board's general assessment Norges Bank will probably mention that both registered and especially LFS unemployment has increased rather strongly the last month. It is however difficult to state that registered unemployment, their favourite measure, is any higher than forecasted.
The consumption figures have also been weaker with consumption of goods on average down 0.7% m/m the last two months. That expectations of rates abroad have fallen also argues for a more careful stance.
"This downside risk to rates should be balanced by the fact that NOK is significantly weaker than forecasted. That the 2016 fiscal budget is more expansionary will also be mentioned", says Nordea Bank.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
