Europe Economics Update Norges Bank strikes a more cautious tone With the Norwegian economic recovery beginning to look a little more fragile, the Norges Bank has begun to strike a more cautious tone. Although the Bank is likely to raise interest rates again later... 24th March 2010 · 1 min read
Europe Data Response Norwegian GDP (Q4) Q4’s disappointing GDP figures suggested that the Norwegian economy is still in a reasonably fragile state. Accordingly, the Norges Bank risks derailing the recovery if it raises interest rates too... 18th February 2010 · 1 min read
Europe Commercial Property Update Norway: property outlook bright, but beware of downside risks We think that commercial property returns in Norway will be higher over the next few years than anywhere else in Western Europe. This Update elaborates on our thinking and also highlights some of the... 19th January 2010 · 1 min read
Europe Economics Update Scandinavian housing market recovery unlikely to last The recent surge in Swedish and Norwegian property prices has fuelled concerns that both economies’ central banks may be forced to ratchet up interest rates in order to prevent housing market bubbles... 17th November 2009 · 1 min read
Europe Economics Update Norges Bank becomes the third central bank to raise rates The widely anticipated decision by the Norges Bank to raise interest rates from 1.25% to 1.50% made it the third central bank to tighten monetary policy, after Israel and Australia, during the current... 28th October 2009 · 1 min read
Europe Commercial Property Update Oslo office take-up improves, but further rental falls still likely The rise in office take-up in Oslo is unlikely to signal an end to the occupier market downturn. But with the rental correction well advanced, Norway’s relatively strong economy should ensure that... 6th October 2009 · 1 min read
Europe Economics Update Norges Bank becoming more hawkish With Norway now on the path to recovery, the Norges Bank has begun to prepare the ground for future interest rate hikes. But while the Bank will probably tighten later this year, we do not expect... 23rd September 2009 · 1 min read
Nordic & Swiss Economics Update Norges Bank becoming more hawkish With Norway now on the path to recovery, the Norges Bank has begun to prepare the ground for future interest rate hikes. But while the Bank will probably tighten later this year, we do not expect... 23rd September 2009 · 1 min read
Europe Commercial Property Update Weaker currencies unlikely to halt Scandinavian property downturn Weaker currencies will have made commercial property in Sweden and Norway much cheaper for overseas investors to purchase. However, we doubt that this will prompt a surge in foreign capital inflows to... 25th June 2009 · 1 min read
Europe Economics Update Norwegian interest rates may have troughed Norway’s relatively mild downturn should ensure that the latest 25bp interest rate reduction by the Norges Bank is probably the last in the current cycle. But we still think that the Bank will not... 17th June 2009 · 1 min read
Nordic & Swiss Economics Update Norwegian interest rates may have troughed Norway’s relatively mild downturn should ensure that the latest 25bp interest rate reduction by the Norges Bank is probably the last in the current cycle. But we still think that the Bank will not... 17th June 2009 · 1 min read
Europe Economics Focus Lessons from the Nordic financial crises of the 1990s The Nordic authorities’ handling of the early 1990s banking crises has since been hailed as being close to best practice. Nonetheless, given that a global economic upturn was a key factor behind the... 20th May 2009 · 1 min read
Nordic & Swiss Economics Focus Lessons from the Nordic financial crises of the 1990s The Nordic authorities’ handling of the early 1990s banking crises has since been hailed as being close to best practice. Nonetheless, given that a global economic upturn was a key factor behind the... 20th May 2009 · 1 min read
Europe Commercial Property Update Have Norwegian property yields peaked? In the early stages of the correction, property yields in Oslo saw some of the largest rises of any European city. But the rate of increase slowed sharply in 2009Q1. However, it is too soon to... 8th May 2009 · 1 min read
Europe Economics Update Norwegian interest rates unlikely to fall much further Today’s further cut in interest rates by the Norges Bank has brought rates close to their likely trough. But with the risk of deflation remaining pretty small and the economy still on track for one of... 6th May 2009 · 1 min read
Nordic & Swiss Economics Update Norwegian interest rates unlikely to fall much further Today’s further cut in interest rates by the Norges Bank has brought rates close to their likely trough. But with the risk of deflation remaining pretty small and the economy still on track for one of... 6th May 2009 · 1 min read
