Against the short position:
- one big drag is Brent crude falling, probably further
Pro:
-NOK seasonality, year starts with NOK inflows usually
-Inflation above market expectations, and current Norges Bank interest rate ->tighter monetary conditions expected
- one big drag is Brent crude falling, probably further
Pro:
-NOK seasonality, year starts with NOK inflows usually
-Inflation above market expectations, and current Norges Bank interest rate ->tighter monetary conditions expected