Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Norwegian Oil Investment Survey, New Swedish Borrowing Forecast And Gove

Published 02/19/2017, 06:20 AM
Updated 05/14/2017, 06:45 AM

In Sweden , the week ahead contains mainly business and consumer confidence (Friday, at 09.30 CET) data from the National Institute for Economic Research (NIER), which is interesting but, alas, not as good an indicator for the Swedish economy as it once was.

In addition, the Swedish National Debt Office (SNDO) is also due to publish a new forecast (Wednesday, at 09:30 CET) and though we expect rather small downward revisions of future net borrowing requirements, we worry that the changes to market functioning in conjunction with the Riksbank's QE purchases imply that T-bill auctions will now shrink considerably near term.

In Norway , the week's most important release is the Q1 oil investment survey. Since oil prices began to fall in 2014, estimates of investment in the oil sector have been revised down continually.

However, we now think we are approaching a sea change, and that the estimates for 2017 will be little changed from November.

In Denmark , the Danish Debt office will tap the markets. We expect a tap in the new 10Y DGB bond.

To read the entire report Please click on the pdf File Below

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.