Viktig i dag: Dårlig vær får skylda Siden sist: Ingen endring fra sentralbankene
Erik Bruce follows the Norwegian economy closely, concentrating on the foreign exchange and interest rate markets. His role is to formulate and present Nordea's view on the domestic and international economy for domestic and international clients.
Prior to joining Nordea, Erik has worked for the Norwegian Ministry of Finance and the consultancy firm, ECON.
Short rates have come up and the market is now pricing Norges Bank on hold until late 2015. Would Norges Bank, if it were to publish an interest rate forecast today, change its forecast?
Viktig i dag: Geopolitisk uro styrer – tegn til at frykten avtar Siden sist: Bra ISM, men tegn til svak investeringsvekst i Norge
• Retail sales increased 0,1 % in January, thus continuing the flat trend from 2013 • Seasonally adjusted unemployment moved sideways as in January.
Viktig i dag: Ganske mye; I Norge detaljhandel og ledighet, i euroland inflasjon og i USA reviderte BNP tall Siden sist: Noe lavere utlånsrenter
• LFS unemployment 3.6% in December slightly above forecast • Not an important indicator for Norges Bank- but if anything in line with its view