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A mixed start for the Nokkie, with most.........>

NOK
NOK: A mixed start for the Nokkie, with most Scandies turning their attentions
to the Norges Bank tomorrow.
It will be quite an interesting meeting, since despite the Bloom survey
expecting an unchanged rate at 1.25%.
Very few major Scandie banks have changed their hike call of 25bps to 1.50%.
Looking at implied it couldn't be more on a knife edge. Rate hike is also at
50%.
*Technically, few desk will favour being long NOK, going into the meeting.
TODAY: still worth keeping one eye on Oil, but investors expect positioning to
drive the day
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