Erik Johannes Bruce, analyst at Nordea Markets, notes that the Norway’s manufacturing production has been on the weak side lately as it fell 0.8% m/m in March and is down 0.4% in Q1 compared to Q4 last year. Key Quotes “It is in the part of the industries not delivering to the oil sector where we have seen weakness.” “The downturn is related to shut down for maintenance work among several leading producers according to Statistics Norway.” “We do not think today’s figure will mean much to Norges Bank’s view either.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Brent seen lower at $65.5/bbl in Q3 2019 – Goldman Sachs FX Street 3 years Erik Johannes Bruce, analyst at Nordea Markets, notes that the Norway's manufacturing production has been on the weak side lately as it fell 0.8% m/m in March and is down 0.4% in Q1 compared to Q4 last year. Key Quotes "It is in the part of the industries not delivering to the oil sector where we have seen weakness." "The downturn is related to shut down for maintenance work among several leading producers according to Statistics Norway." "We do not think today's figure will mean much to Norges Bank's view either." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
