BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Norges Bank is unlikely to react to additional stimulus ECB. However, as the economic outlook seems to vulnerable to the stimulus, there is a possibility of 25bp rate cut in the next three to six months, says Barclays.
Lower oil price hits the employment growth in the resource sector, and the labor market is quite quite immobile. Therefore, unemployment rate increased sharply.
"Looking ahead, we expect higher oil prices, which, in combination with heavy market pricing for additional Norges easing, makes us cautious in calling for material depreciation on the basis of an already undervalued NOK. On balance, we see EURNOK at 9.10 by Q2 2016 and 9.0 in Q4 2016", estimates Barclays.
