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Norges bank to maintain status quo – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at Danske Bank, expects the Norges Bank to leave rates unchanged at today's meeting which includes a rate announcement, a statement release and a Q/A session.

    Key Quotes

    “We expect Norges Bank to reiterate its September easing bias but that the statement is otherwise balanced with no clear signals that the bank is planning to cut in December. In our view the largest risk factor is Governor Olsen taking a more hawkish approach to the more expansionary 2016 fiscal budget.”
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