External broker reports, Nordea

Nordea

Nordea is the bank in the Nordics dedicated to serving corporations and institutional customers. Our offering includes a diverse range of financing, cash management and payment services, investment banking, capital markets products, securities services and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>GDP Mainland came in at 1.0% q/q in Q1, clearly higher than consensus and Norges Bank (0.6% q/q). Q4 came in at -0.4, so some of the strong release is just catch-up from the weak previous quarter.</li><li>Nevertheless, today’s figure do illustrate that growth is picking up in Norway very much in line with our view.</li><li>Private consumption picked up strongly (1,6% q/q) on the back of increased purchasing power among households.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

GDP Mainland came in at 1.0% q/q in Q1, clearly higher than consensus and Norges Bank (0.6% q/q). Q4 came in at -0.4, so some of the strong release is just catch-up from the weak previous quarter.Nevertheless, today’s figure do illustrate that growth is picking up in Norway very much in line with our view.Private consumption picked up strongly (1,6% q/q) on the back of increased purchasing power among households.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Norway GDP review: Stronger than expected