Swedish Krona, Norwegian Krone Crude Oil Costs – TALKING POINTS
- Crude oil prices, NOK, SEK brace for heavy knowledge docket
- OPEC World Oil Outlook might be vital for NOK, Brent
- Riksbank minutes, housing knowledge might ship gloomy message
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Crude oil costs, the Swedish Krona and the petroleum-linked Norwegian Krone might be in for another volatile week with the publication of extra Q3 earnings stories and significant financial knowledge. An important occasion to observe for might be OPEC’s up to date world outlook – particularly for the oil-linked NOK. Riksbank minutes might stir further volatility in SEK along with Norges Financial institution Governor Øystein Olsen’s speech on Monday.
Swedish Krona, Norwegian Krone Volatility Amongst Highest of G10
OPEC: World Oil Outlook
Crude oil costs might discover themselves torn between the upside drive of supply-disruption fears from escalating Iran tensions and the downward strain of waning world demand. In Vienna, OPEC is anticipated to publish its World Oil Outlook the place it’s going to define forecasts for future demand. A less-than optimistic view may rattle the power market and ship Brent decrease and doable drag down oil-correlated property like NOK.
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US Financial Information
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