Norgesbank left interest rates unchanged at 4%, inline with market expectations.
Norgesbank sees interest rate cut next year but the policy must stay restrictive in the near term. Bank is not in the hurry to reduce rates.
EURNOK has been decreasing slightly after the announcement.
Economic Calendar: What's driving the market this morning❓
Morning Wrap: Will the markets recover from Friday’s “crash”❓
Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength
NFP: A turning point for the dollar and the start of a stock market correction?