View:

March 26, 2026 9:48 AM UTC
While no change in policy was expected from the Norges Bank’s verdict this month, the clear shift in rhetoric was almost inevitable. It dropped its recently repeated assertion that ‘the policy rate will be reduced further in the course of the coming year’ and instead suggested that ‘the po

March 26, 2026 7:10 AM UTC
· The Iran war macro impact on Asia depends on length of the conflict and impact on energy flows. Our baseline is for a 4-8 week Iran war, with WTI down to USD80-85 by June; USD65-70 end 2026 and USD60 by Q3 2027 (here).
· India GDP growth has been revised down slightly