NOK likely to soar on higher oil prices in 2016
Jan 08, 2016 12:44 pm UTC| Commentary
Norways Central Bank cut its interest rate by 0.25pp in September but kept it unchanged in December. However, the December monetary policy report indicated another rate cut before the summer this year, as early as March....

Brighter side of Yuan volatility
Jan 08, 2016 12:31 pm UTC| Commentary
Sun is shining brighter today, however the whole week was clouded by risk aversion stemming from Chinas stock market drop and more so drop and volatility in Chinas Yuan. This week Yuan has depreciated around 1.5% against...
Sweden productivity growth seen at 1.9% Y/Y (wda) in 2016
Jan 08, 2016 11:55 am UTC| Commentary
With the international outlook stabilising and improving prospects, the capital-intensive export industry is expected to continue on a stronger course. The domestic, labour-intensive sectors are also expected to grow, but...
Denmark’s real wages to grow faster in 2016
Jan 08, 2016 11:31 am UTC| Commentary
Denmark witnessed marginal recovery in wage growth as seasonally adjusted private sector wage grew 0.3% q/q in the third quarter of 2015. The wage growth has been driven marginally up by the recent recovery. As many wage...

Brexit risks – justified or overestimated – Part 2
Jan 08, 2016 11:15 am UTC| Commentary
We suggested in our previous post that Brexit pose both risks and opportunity for pound traders. With pound being hammered to five year low, significant opportunity exists either buying it or selling it. But for traders to...
Denmark’s monetary policy unlikely to be tightened significantly before late 2017
Jan 08, 2016 10:52 am UTC| Commentary
Denmarks markets were disappointed as GDP dropped in the third quarter of 2015 after witnessing eight consecutive quarters of growth. With exports performing weakly, the countrys GDP contracted 1% over the quarter....

G10 FX high correlation to policy divergence makes policy setting difficult for central bankers
Jan 08, 2016 10:25 am UTC| Commentary Central Banks
Since 2012, FX sensitivity to policy viz. a viz. interest rate expectations divergence has made it extremely tough for central bankers to conduct monetary policies. BOJ QQE - In 2012, Bank of launched its massive...