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nk of three reasons to go short CHF/NOK. 1. The relative cycle is supportive of rate differentials. Inflation is at a much higher starting point in Norway than in Switzerland, leaving the Norges Bank much less room to manoeuvre than the SNB in the event of upside surprises to import prices or stronge
iss the changes in the UK economy. The starkest one will likely be the pick-up in inflation, which will only add to expectations of a more hawkish Bank of England. The pipeline for FDI into the UK also looks good. The main weakness for the pound remains the current account deficit, so as a FX trade we like to
14 Date: Tue, 30 Dec 2014 10:55:39 +0000 Inline-Images: image001.jpg Description: Description: Good Morning ... European Markets off 10-100 bps (Norway -1.1%, Portugal -1.5%, Russia $RTS -4.2%) ... NKY -1.57%, SHCOMP -0.07%, HSI -1.14%, KOSPI -0.64%, TWSE -0.19%, ASX -1.04% EUR 1.2151 (-0.01%) JPY
on' Telegraph EFTA00355709 • Abolish GCSEs or face talent crisis, warns head of CBI Independent • Labour not responsible for crash, says former Bank of England governor Guardian • British workers may wait a decade for wages to recover, says TUC boss Guardian • Europe's shadow budget venture could lead to
morrow (112 day): UK, France, Spain, Netherlands, Belgium, Ireland, Portugal European Markets closed tomorrow: Germany, Italy, Switzerland, Denmark, Norway, Sweden, Finland, Austria, Greece, Poland, Czech CHK $1b stock buyback — SCS weaker sales — OSIR marketing pact Secondaries (announced/priced): AL
ers complain to banks every 10 seconds Independent • Labour's cuts really would be less deep than the Conservatives' Independent EFTA00355986 • Bank of England says confidence in banking system is still shaky amid recent scandals and cyber threats Independent • Want to raise more money, Chancellor? Then c
Entities connected to both Norway and Bank of England

Jeffrey Epstein
PERSON
Denmark
LOCATION
Finland
LOCATION
Belgium
LOCATION
Terje Rod-Larsen
PERSON
United States
LOCATION
Bulgaria
LOCATION
Prince Charles
PERSON
Prince Andrew
PERSON
Marc Rich
PERSONLeon Black
PERSON
George W. Bush
PERSON
John F. Kennedy
PERSON
Julie K. Brown
PERSON
Samantha Power
PERSON
George Mitchell
PERSON
Barack Obama
PERSON
Bill Clinton
PERSON
Malaysia
LOCATION
Ghislaine Maxwell
PERSON