Europe Commercial Property Update Nordic investment activity reached record highs in 2015 Commercial property investment in 2015 in the Nordics reached its highest level on record. This was driven by a large increase in the average deal size and strong growth in demand from foreign... 5th January 2016 · 1 min read
Nordic & Swiss Economics Update Norges Bank signals rate cuts next year The Norges Bank left monetary policy unchanged today, but with growth slowing and inflation set to fall, interest rate cuts look highly likely next year, starting at the next policy meeting in March. 17th December 2015 · 1 min read
Europe Data Response Swedish, Danish & Norwegian Consumer Prices (Nov.) November’s consumer prices data showed a continued divergence between the subdued rates of inflation in Sweden and Denmark and stronger price pressures in Norway, reflecting the recent depreciation of... 10th December 2015 · 1 min read
Nordic & Swiss Data Response Swedish, Danish & Norwegian Consumer Prices (Nov. 15) November’s consumer prices data showed a continued divergence between the subdued rates of inflation in Sweden and Denmark and stronger price pressures in Norway, reflecting the recent depreciation of... 10th December 2015 · 1 min read
Europe Data Response Norwegian GDP (Q3) Norway’s oil and gas sector was not as strong in Q3 as the headline GDP data suggest. And growth in the mainland economy slowed. We suspect that this will prompt the Norges Bank to loosen monetary... 17th November 2015 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q3 15) Norway’s oil and gas sector was not as strong in Q3 as the headline GDP data suggest. And growth in the mainland economy slowed. We suspect that this will prompt the Norges Bank to loosen monetary... 17th November 2015 · 1 min read
Europe Economics Update Norges Bank policy unchanged, but rate cut likely next year The Norges Bank left its policy rate on hold today, but its loosening cycle is not over. Inflation looks set to fall next year and, as a result, we have pencilled in a 25 basis point cut in March. 5th November 2015 · 1 min read
Nordic & Swiss Economics Update Norges Bank policy unchanged, but rate cut likely next year The Norges Bank left its policy rate on hold today, but its loosening cycle is not over. Inflation looks set to fall next year and, as a result, we have pencilled in a 25 basis point cut in March. 5th November 2015 · 1 min read
Europe Economics Update How is Norway coping with lower oil prices? The decline in oil prices has weighed on the Norwegian mainland economy and things could get worse before they get better. But ramped-up policy support from the Government and central bank next year... 20th October 2015 · 1 min read
Nordic & Swiss Economics Update How is Norway coping with lower oil prices? The decline in oil prices has weighed on the Norwegian mainland economy and things could get worse before they get better. But ramped-up policy support from the Government and central bank next year... 20th October 2015 · 1 min read
Europe Economics Update Norges Bank cuts rates and signals more loosening to come The Norges Bank’s decision to cut its policy rate today was accompanied by a suggestion that further interest rate cuts could follow. We think that another cut could come in Q2 next year. 24th September 2015 · 1 min read
Nordic & Swiss Economics Update Norges Bank cuts rates and signals more loosening to come The Norges Bank’s decision to cut its policy rate today was accompanied by a suggestion that further interest rate cuts could follow. We think that another cut could come in Q2 next year. 24th September 2015 · 1 min read
Europe Economics Update Norges Bank likely to cut its policy rate next week The likelihood that inflation will soon fall, as well as signs that Norway’s economy has continued to slow in Q3, is likely to prompt the Norges Bank to loosen policy again next week. 16th September 2015 · 1 min read
Nordic & Swiss Economics Update Norges Bank likely to cut its policy rate next week The likelihood that inflation will soon fall, as well as signs that Norway’s economy has continued to slow in Q3, is likely to prompt the Norges Bank to loosen policy again next week. 16th September 2015 · 1 min read
Global Markets Update What next for the Norwegian krone? The Norwegian krone has been the worst-performing G-10 currency since the middle of last year – it has lost more than a quarter of its value against the US dollar. Still, given the prospects for the... 20th August 2015 · 1 min read
Europe Data Response Norwegian GDP (Q2) Norway’s Q2 GDP data showed that lower energy prices continued to weigh on the oil and gas sector. But the mainland economy also slowed. We suspect that this will prompt the Norges Bank to loosen... 20th August 2015 · 1 min read