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Scandies: Big week for Norway with Norges.......>

NOK
NOK: Scandies: Big week for Norway with Norges Bank this week.
Despite the Bloom survey expecting an unchanged rate at 1.25%.
NONE of the major Scandie banks have changed their hike call of 25bps to 1.50%.
Out of the 25 Economists, 12 are going for a hike.
Looking at implied it couldn't be more on a knife edge. Rate hike is also at
50%.
*Technically, few desk will favour remaining long NOK, going into the meeting on
Thursday, and Oil prices expected to remain underpinned short term following the
Saudi Arabia drone attack.

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