Europe Economics Update Norwegian GDP (Q2) Q2’s sharp rise in Norwegian GDP made imminent policy action by the Norges Bank look very unlikely. But we still expect the Bank to cut interest rates next year as the krone strengthens further and... 21st August 2014 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q2 14) Q2’s sharp rise in Norwegian GDP made imminent policy action by the Norges Bank look very unlikely. But we still expect the Bank to cut interest rates next year as the krone strengthens further and... 21st August 2014 · 1 min read
Europe Economics Update Stronger data to delay Norges Bank rate cut Recent Norwegian economic data suggest that a September rate cut is less likely than we hadpreviously thought. But we still think the Norges Bank will cut its key policy rate, currently at 1.5%,by the... 19th August 2014 · 1 min read
Nordic & Swiss Economics Update Stronger data to delay Norges Bank rate cut Recent Norwegian economic data suggest that a September rate cut is less likely than we had previously thought. But we still think the Norges Bank will cut its key policy rate, currently at 1.5%, by... 19th August 2014 · 1 min read
Europe Economics Weekly Stalled recovery intensifies pressure on the ECB The euro-zone’s economic recovery came to a complete halt in the second quarter at what shouldhave been a very early stage. There were some temporary factors at play which suggest thatgrowth should... 18th August 2014 · 1 min read
Europe Commercial Property Update Are rapid gains in Oslo retail rents underpinned by fundamentals? Solid Norwegian retail sales growth over the past few years seems to explain the rise in Oslo retail rental values. Granted, other factors such as changing retail trends are also at play. Nevertheless... 12th August 2014 · 1 min read
Non-Euro Europe Commercial Property Chart Pack CEE investment grows strongly in Q2 Economic indicators in the non-euro-zone Western European economies were generally positive in Q2, but there are signs that growth slowed across the board in Emerging Europe. That wasn’t enough to put... 6th August 2014 · 1 min read
Europe Economics Update Norway set for several bouts of monetary loosening The Swedish Riksbank’s interest rate cut last week will put pressure on the Norges Bank to follow suit. We expect the Bank to cut its policy rate by the end of the year. And as spending in the energy... 8th July 2014 · 1 min read
Europe Economic Outlook As good as it gets? While the European economic recovery probably picked up a bit of speed in the second quarter of the year, there are growing signs that Q2 was as good as it is likely to get. Activity indicators in the... 8th July 2014 · 1 min read
Nordic & Swiss Economics Update Norway set for several bouts of monetary loosening The Swedish Riksbank’s interest rate cut last week will put pressure on the Norges Bank to follow suit. We expect the Bank to cut its policy rate by the end of the year. And as spending in the energy... 8th July 2014 · 1 min read
Europe Commercial Property Update What is the outlook for Oslo retail rents? We expect household spending growth in Norway to be subdued by past standards as households grapple with exceptionally high levels of debt. Coupled with last year’s double-digit rental value increases... 25th June 2014 · 1 min read
Europe Economics Update Norges Bank opening its eyes to weakening economy As we expected given signs of a slowdown in the energy sector, the Norges Bank pushed back its first projected rate hike until 2016. Although the krone weakened on the news, the economic slowdown may... 19th June 2014 · 1 min read
Nordic & Swiss Economics Update Norges Bank opening its eyes to weakening economy As we expected given signs of a slowdown in the energy sector, the Norges Bank pushed back its first projected rate hike until 2016. Although the krone weakened on the news, the economic slowdown may... 19th June 2014 · 1 min read
Europe Economics Update Housing & energy still constraints on Norwegian growth Although we have nudged up our forecasts in light of recent data, Norway’s economy is still set to expand by less than the Norges Bank expects. This may prompt it to delay raising rates until 2016. 5th June 2014 · 1 min read
Non-Euro Europe Commercial Property Outlook Central Europe likely to outperform Over the next few years, a gradual recovery in economic activity should support rising occupier demand and rental values in most non-euro-zone European commercial property markets. But with high... 22nd May 2014 · 1 min read
Europe Data Response Norwegian GDP (Q1) Norway’s mainland economy continued to hum along at a decent pace in Q1, but the underlying drivers of growth are weakening. 20th May 2014 · 1 min read