EFTA00610276Set 9
2014-01-0926p14,709w
much higher starting point in Norway ARom2000
30%
than in Switzerland, leaving the Norges Bank much less
room to manoeuvre than the SNB in the event of 25%
upside surprises ... Deutsche Bank AG/London
EFTA00610287
9 January 2014
FX Blueprint Thin end of the wedge
• Norges bank to continue to balance falling house
prices vs. sticky CPI. Figure 4: Norway, Real ... Buildings, Total & YoY
• NOK cheap, but investors wary of jumping back in
35000
untess/until Norges Bank and/or crude provide
support supportive.
In Norway, the mainland economy has been growing
https://www.justice.gov/epstein/files/DataSet%209/EFTA00610276.pdf
EFTA01451174Set 10
2014-01-091p635w
January 2014
FX Blueprint Thin end of the wedge
▪ Norges bank to continue to balance falling house
prices vs. sticky CPI. Figure 4: Norway. Real Estate Prices, Residential
Buildings, Total ... cheap, but investors wary of jumping back in
unless/until Norges Bank and/or crude provide 35000
support supportive. 30000
In Norway, the mainland economy has been growing
25000
around ... with the recent PMI and manufacturing output 20000g
suggestive of continuing improvement going forward.
Norges Bank's focus is balancing the declining housing 150002,
market against sticky inflation
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451174.pdf
EFTA01451143Set 10
2014-01-091p647w
January 2014
FX Blueprint: Thin end of the wedge
• Norges bank to continue to balance falling house r
prices vs. sticky CPI. Figure 4: Norway. Real Estate Prices, All Residential ... Buildings, Total & YoY
• NOK cheap, but investors wary of jumping back in
unless/until Norges Bank and/or crude provide 20
support supportive. 90000
15
In Norway, the mainland economy has been ... recent PMI and manufacturing output 20000g
suggestive of continuing improvement going forward. 41 5
Norges Bank's focus is balancing the declining housing 150002
market against sticky inflation
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01451143.pdf
EFTA01437180Set 10
2017-10-2710p2,232w
EURNOK and EURSEK respectively. That
being said, PMI's in both countries and Norges Bank speeches next week bear
watching as the Sweden story could quickly gather steam should upside ... Trade Balance
AU Building Approvals
France, Italy, Spain, Germany, Eurozone Manufacturing PMI
Germany U/E
Norges Bank Governor Olsen Speaks in Oslo
Norges Bank Deputy Governor Matsen Speaks in Trondheim ... Statistics
Friday
Australia Retail Sales
China PMI Services
Sweden PMI Services
Norway U/E Rate
Norges Bank Olsen Speaks in Bergen
UK Services PMI
US Average Hourly Earnings, NFP, Unemployment Rate
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01437180.pdf