prices of energy higher

Energy prices continue to move higher

WTI trades above USD 50/bbl for the first time in a month. Hawkish BoE statement issued after its September meeting triggers a GBP rally and selloff in UK equities. Recovery in oil prices continues After…

chart - defense

Angry societies – focus on security and defense

Newly elected governments are likely to increase security and defense spending on the back of recent terrorist attacks, increased geopolitical tensions and natural catastrophes. We expect higher spending in defense, critical infrastructure and crime prevention….

norwegian inflation

Decline in Norwegian inflation continues

Both headline and underlying inflation surprisingly ticked lower in August ahead of next week’s Norges Bank meeting. Norway’s inflation continues to soften. According to yesterday’s inflation release, headline inflation fell from 1.5% YoY in July…

North Korea - missile

North Korea does not test a missile

After North Korea celebrated its National Foundation Day without testing a missile, focus today shifts to the United Nations Security Council vote on further sanctions. Hurricane Irma is expected to be the most expensive storm…

export in china slower

Export dynamics slow in China

The Chinese trade balance deteriorated in August on slower exports growth and still resilient imports growth. Contrary to consensus expectations, the Chinese trade surplus declined for the first time in six months, albeit moderately. This…