Updated oil price forecast for December

In this Oil Market Outlook for December 2011, Nordea Markets’ senior analyst on global commodities and oil, Thina Margrethe Saltvedt, updates the oil price forecast and finds global demand for oil continuing to rise but at a lower than expected rate.

Other news

Week ahead: Central bank intervention looming?

18 May 2012 | Jan von Gerich

All eyes remain on anecdotal news on how depositors in Greece and outside the country are reacting to the recent events. In terms of economic data releases, the main focus will be on flash PMIs for May.

China: PBoC cuts reserve requirement rates

18 May 2012 | Annika Lindblad

The central bank (PBoC) cut reserve requirements by 50 bp last weekend, thus continuing to ease monetary policy. However, the pace remains slow, and we do not think the PBoC is done yet.

Government Bond Market Update

18 May 2012 | Gaute Langeland

The upcoming auction has potential to disappoint. Positioning in the market is less supportive than it has been for a long time as dealers are no longer short and unlikely to continue buying much more supply at current levels.