Norway Core Inflation Rate YoY
Norway's central bank uses core inflation, and it's adjusted for taxes and energy costs, to determine interest rate policy. Over the long run, it intends to keep inflation at or below 2%.
A higher than expected figure should be seen as positive (bullish) for the NOK while a lower than expected figure should be seen as negative (bearish) for the NOK.
Forex Sentiment (NOK)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURNOK |
|
|
11.3600 -4509 pips |
0 +118109 pips |
11.8109 | |
| USDNOK |
|
|
11.1429 -1769 pips |
11.2099 +1099 pips |
11.31975 | |
| GBPNOK |
|
|
0 -142339 pips |
14.3035 -696 pips |
14.23393 | |
| NOKJPY |
|
|
14.0080 +22 pips |
0 +1379 pips |
13.786 | |
| NOKSEK |
|
|
0 -9728 pips |
1.0438 -710 pips |
0.9728 |
News (NOK)
Norway Central Bank Keeps Rate Unchanged As Expected
Norges Bank left its benchmark rate unchanged on Thursday and suggested that the policy rate will be kept at the current level until the end of this year although the time to ease is approaching. The Monetary Policy and Financial Stability Committee, headed by Governor Ida Bache, decided to hold the policy rate at 4.50 percent.
RTTNews | 93 days ago
Nokia Posts Q4 Loss, Warns On Q1; Plans EUR 600 Mln Buy Back; Stock Up
Finnish network company Nokia Corp. reported Thursday a loss in its fourth quarter, compared to prior year's profit, amid weak net sales. Looking ahead, the company expects challenging environment to continue, particularly in the first quarter. Further, the Board proposed dividend authorization of 0.13 euro per share and initiated two year 600 million euros buyback program.
RTTNews | 331 days ago
Nokia Q3 Results Down, To Cut Up To 14,000 Jobs; Stock Dips
Shares of Nokia Corp. were losing around 4 percent in the morning trading in Helsinki as well as around 3 percent in pre-market activity on the NYSE after the Finnish telecom major reported Thursday a sharp drop in its third-quarter profit and revenues amid ongoing macroeconomic challenges. Separately, Nokia announced a cost reduction program, expecting to cut up to 14,000 jobs.
RTTNews | 429 days ago
