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RGE's Q3 2010 Nordics Outlook

RGE expects the Nordic region as a whole to grow by 1.7% in 2010, compared with the 1.3% forecast in our Q2 2010 Outlook. The main reason behind the revision is our expectation of stronger growth in Sweden (2.9% in 2010). We now envisage greater divergence in the growth performance of the five Nordic countries, as the forecasts for the other individual countries have remained broadly unchanged. The Q1 2010 GDP figures did not bring major surprises, except for Sweden where growth was stronger than expected, at 1.4% q/q. The output expansion in Norway was somewhat more sluggish than anticipated.


Read the Q3 2010 Nordics Outlook.

RGE Analysis

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Toto, We’re Not in Kansas Anymore: Exploring the Post-tornado Contours of the Financial System

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European Market Snapshot: Stocks Fall on Weakness in U.S. Productivity and Chinese Slowdown

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Economic Growth and the Bush Tax Cuts

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CPI, CRB Do Not Disprove Deflation Thesis

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Widening Chinese Trade Surplus Increases Pressure to Intervene

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The Jobs Emergency

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Asian Market Snapshot: Stocks Down on Weak Chinese Trade Data

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Latin America Economonitor

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Walter Molano Aug 10, 2010

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One Chart to Rule Them All, One Chart to Find Them (Out)

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Why Is the Journal Mystified that Some Employers Are Having Trouble Finding Workers?

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Current Economic Conditions

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Waiting for Nothing?

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Greenspan, Rubin, and Herbert Hoover

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Asian Market Snapshot: Stocks End Mostly Higher While Japanese Equities Fall

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The Coming Big Increase in Structural Unemployment

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U.S. Market Snapshot: Stocks Fall on Labor Data, but Still Higher for the Week

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A Look at U.S. Unemployment

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We’re Even Deeper in the Hole

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European Market Snapshot: Stocks Lower on Disappointing U.S. Jobs Data but Close the Week Up

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Stress-Testing European Banks

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To Spend or Not to Spend: Is that the Main Question?

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Daily Digest

News

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Bloomberg  Josiane Kremer Sep 02, 2010

Analysis

Government intervention and moral hazard in the financial sector

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News

Norway Raises Oil, Gas Investments Forecasts for 2011

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News

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Analysis

Sweden: Repo rate raised by 0.25 percentage points to 0.75 per cent

Riksbank (Central Bank of Sweden)  Sep 02, 2010

Analysis

Sweden: Employment Rising in Rapid Recovery

National Institute of Economic Research (Sweden)  Sep 01, 2010

News

Norway Government Pledges to Support Low Rates, Cap Krone Gains

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News

Swedish bank HQ appeals liquidation, eyes sale

Reuters  Patrick Lannin and Sven Nordenstam Aug 31, 2010

News

Moody's stays gloomy on Danish banks

ForexYard  Will Waterman Aug 31, 2010

Opinions

The Bankrupt Finnish Welfare State

The Market Oracle  Kaj Grüssner Aug 31, 2010

Analysis

Economic Outlook - September 2010

Nordea  Helge J. Pedersen et al Aug 30, 2010

Analysis

Nordic Outlook - Nordic countries well equipped for upturn

SEB  Robert Bergquist et al Aug 31, 2010

Analysis

Swedish Export Managers Index August

Swedish Trade Council  Aug 26, 2010

Analysis

Economic Outlook: Norway, Sweden and Oil Market - August 2010

DNB Nor  Ystein Dørumet al Aug 27, 2010

Analysis

Weekly Focus: Worries are intensifying

Danske Bank  Allan von Mehren and Steen Bocian Aug 27, 2010

Analysis

Standard Eurobarometer 73

EU Commission  Aug 27, 2010

Analysis

Europeans losing faith in EU

EurActiv  Aug 27, 2010

Analysis

Finland: Consumer confidence at record level in August

Statistics Finland  Aug 27, 2010

Analysis

The Swedish Financial Market 2010

Riksbank (Sweden's Central Bank)  Ed and Lena Strömberg Aug 27, 2010

News

IMF: Baltic states have turned corner on crisis

Reuters  Aija Braslina Aug 26, 2010

News

Iceland’s Inflation Rate Drops for Fifth Month on Krona Gains

Bloomberg  Omar R. Valdimarsson Aug 26, 2010

News

Icelandic FinMin: Landsbanki Bond Holders `Not Likely to Get Much'

Bloomberg  Omar R. Valdimarsson Aug 25, 2010

News

Statoil May Seek Own Shale Gas Projects, Expansion in China

Bloomberg  Marianne Stigset Aug 25, 2010

News

Swedish Consumer Confidence Hits 10-Year High

Wall Street Journal  Johan Anderberg Aug 25, 2010

Analysis

The Icesave bank of Iceland; from rock-solid to volcano hot

mbl.is  Peter Ørebech Aug 24, 2010

News

Iceland-EU talks threatened by 'mackerel war'

EurActiv / Reuters  Aug 25, 2010

News

Norway's Natural-Gas Output May Slow After 2020

Bloomberg  Marianne Stigset Aug 24, 2010

Analysis

Danish Budget Outlook

Ministry of Finance  Aug 24, 2010

News

Denmark Steps Up Borrowing Need to Finance Deficit

Bloomberg  Christian Wienberg Aug 24, 2010

Analysis

Weekly Update: Scandinavian Macro

DNB Nor  Kyrre Aamdal and Kjerst Haugland Aug 23, 2010

Analysis

Riksbank First Deputy Governor Öberg on the current economic situation

Riksbanken  Svante Öberg Aug 20, 2010

Analysis

Norway's oil past its prime but still alluring

ForexYard  Gwladys Fouche Aug 23, 2010

Analysis

Denmark: Budget Outlook, August 2010

Ministry of Finance, Denmark  Aug 23, 2010

Analysis

Europe Weekly Spotlight: UK and German Inflation; Turkish Monetary Policy; Nordic PMIs

Roubini Global Economics  RGE’s Europe Analyst Team Aug 20, 2010

News

Sweden raises growth forecast

FT  Andrew Ward Aug 20, 2010

News

Riksbank's Oberg: Sweden Economic Development Strong

Wall Street Journal  Johan Anderberg Aug 20, 2010

Analysis

Declining Nordic Market Turnover

MondoVisione  Aug 20, 2010

News

Nordic Economies Risk Housing Market Collapse

Bloomberg  Johan Carlstrom and Kati Pohjanpalo Aug 19, 2010

Analysis

Increased activity in mainland Norway

Statistics Norway  Aug 19, 2010

News

Swedish Q2 capacity rate dips unexpectedly

Reuters  John Stonestreet Aug 18, 2010

Analysis

Iceland: Monetary Bulletin 3/2010

Central Bank of Iceland  Aug 18, 2010

Analysis

Iceland: Surprise interest rate decision

Islandsbanki  Aug 18, 2010

Blogs

Introducing the Nordic-Baltic Stability Group

ft.com/ Money Supply  Emma Saunders Aug 18, 2010

News

Nordics, Baltics Sign Financial Stability Accord

Bloomberg  Milda Seputyte and Kati Pohjanpalo Aug 17, 2010

Analysis

Iceland central bank expected to cut rates to 7.5% on Aug 18

Reuters  John Stonestreet Aug 17, 2010

News

Nordics, Baltics Sign Financial Stability Accord to Avert Banking Crises

Bloomberg  Milda Seputyte and Kati Pohjanpalo Aug 17, 2010

Analysis

Why Denmark Is Shrinking Its Social Safety Net

New York Times Economix  Liz Alderman Aug 16, 2010

Opinions

Why the Nordics should continue to outpace the developed world

Moneyshow  Nicholas Vardy Aug 16, 2010

News

Iceland: Supreme Court Ruling Repels Foreign Investors

Iceland Review  Aug 16, 2010

Analysis

FX Forecast Update August 2010: Global mid-cycle slowdown to support USD, JPY and CHF

Danske Bank  Arne Lohmann Rasmussen, Kasper Kirkegaard, Sverre Holbek and John M. Hydeskov Aug 16, 2010

Analysis

Nordics Ride Private-Equity Investment Boom Set to Rival Pre-Crisis Record

Bloomberg  Marianne Stigset Aug 13, 2010

Analysis

Weekly Focus: Fear of a slump

Danske Bank  Allan von Mehren and Steen Bocian Aug 13, 2010

Analysis

Fear of a double dip keeps yields low

Danske Bank  Lars Tranberg Rasmussen Aug 13, 2010

Analysis

Norway: Retail sales down, housing starts only weakly up

Handelsbanken  Knut Anton Mork Aug 12, 2010

News

Norway Keeps Rates Unchanged Amid ‘Moderate’ Recovery

Bloomberg  Josiane Kremer Aug 11, 2010

Analysis

Forestry boosts Finland's industrial output

The Swedish Wire  Aug 11, 2010

Analysis

No real surprise from Norges Bank

Handelsbanken  Knut Anton Mork Aug 11, 2010

News

Latvia bank provisions set to rise despite recovery

Reuters  Aija Braslina Aug 10, 2010

News

Sweden's Banks Ride Stock Market Rally as Baltic Region Dodges Defaults

Bloomberg  Aaron Eglitis and Niklas Magnusson Aug 10, 2010

Analysis

Buoyant Swedish growth, Norway is losing speed

DNB Nor  Kyrre Aamdal and Kjersti Haugland Aug 09, 2010

Analysis

Norway CPI-ATE no argument for monetary tightening

Handelsbanken  Knut Anton Mork Aug 10, 2010

Analysis

Sweden: How to profit from Europe's top dog

MoneyWeek  David Stevenson Aug 10, 2010

News

Swedish Government Sees $743 Million Profit From Bank Guarantee

Bloomberg  Niklas Magnusson and Johan Carlstrom Aug 10, 2010

Analysis

Norges Bank: Preview of policy meeting

Danske Bank  Frank Jullum Aug 10, 2010

Analysis

Icelandic Krona appreciates

Islandsbanki  Ingólfur Bender Aug 09, 2010

Opinions

A call for Nordic leadership on responsible financing

Eurodad  Jostein Hole Kobbeltvedt Aug 09, 2010

News

Swedish Earnings Signal Biggest Economic Rebound in EU

Bloomberg  Adam Ewing and Niklas Magnusson Aug 09, 2010

News

Denmark urges pension funds to join venture capital pool

Global Pensions  Chris Panteli Aug 06, 2010

News

Iceland Bank Creditor DekaBank Demands Finance Minister Withdraw `Wager' Remark

Bloomberg  Omar R. Valdimarsson Aug 05, 2010

Analysis

Upbeat Sweden, Norway jobs data show recovery on track

ForexPros  Simon Johnson and Camilla Bergsli Aug 05, 2010

Analysis

Norway Energy Profile

Eurasia Review  Aug 05, 2010

Analysis

Norway: Total domestic credit growth much higher than expected

Handelsbanken  Shakeb Syed Aug 03, 2010

Analysis

Sweden:CPI forecast at -0.3/1.1 % in July

Handelsbanken  Stefan Hörnell Aug 04, 2010

Analysis

Risk On, Stronger Scandies

SEB  Erica Blomgren Aug 03, 2010

News

Iceland Parliament Rebels Against Bank Aid as Insolvencies Loom

Bloomberg  Omar R. Valdimarsson Aug 01, 2010

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