Economists at Commerzbank analyze how the Norges Bank Interest Rate Decision could impact the Krone (NOK).
NOK to benefit if Norges Bank maintains its restrictive wording If Norges Bank maintains its restrictive wording today this is likely to fuel rate hike expectations for December a little again, thus supporting Krone.
It will also matter though what the inflation data for October and November looks like . If today’s statement sounds more cautious as far as December is concerned, contrary to expectations, that is likely to act like a punch in the face for NOK and might cause EUR/NOK to return towards 11.90 again.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The earnings rebound may take time to revive the fortunes of the equity marketUS earnings revival looks unlikely to lead to equity rebound yet, economists at UBS report.
Weiterlesen »
Fed Preview: Forecasts from 14 major banks, preserving the option of hiking once moreThe US Federal Reserve will announce its Interest Rate Decision on Wednesday, November 1 at 18:00 GMT and as we get closer to the release time, here are the expectations as forecast by analysts and researchers of 14 major banks.
Weiterlesen »
'Criminal': Major Banks Funneled $1.8 Trillion to Carbon Bombs Between 2016 and 2022JPMorgan Chase led the pack with more than $141 billion invested between 2016 and 2022, followed by Citi with $119 billion, and Bank of America with $92 billion.
Weiterlesen »
Lake Como bursts its banks as violent storm pounds Northern ItalyA strong weather system has brought heavy rain and violent winds to Northern Italy, flooding parts of central Milan and causing Lake Como to breach its banks.
Weiterlesen »
Central banks’ YTD gold demand touches record high in Q3 — reportNo 1 source of global mining news and opinion
Weiterlesen »
Turkey may exclude banks from inflation-adjusted accounting -ministerTurkey may exclude banks from inflation-adjusted accounting -minister
Weiterlesen »