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Futures Bid Early On


(M2) At New Cycle Lows


Powell Takes The Edge Off

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NOK: NOK remains on the front foot with the bounce in Oil this morning, with the
currency fading some of its earlier loss against the EUR. Local desk have of
late seen better EURSEK and EURNOK. 
-Local desk still favour selling USD vs Scandies going forward, but price action
has so far been within ranges of late at least. 
*Some focus on Option expiries in EURNOK tomorrow with 690mln at 10.90 and
280mln at 11.15 due to expire.

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