In Sweden , industrial orders and production and service production for October will give clues to how Q4 growth started out.
The Swedish Debt Office releases the November borrowing requirement.
In Norway , the regional survey from Norges Bank will be published on Tuesday. This is Norges Bank's preferred measure of economic activity, and the aggregated output index (for the next six months) has shown a clear upswing in recent quarters, despite a minor correction in August. We expect the index to stay around 1.1. This should be neutral for Norges Bank based on its September forecast for GDP growth of 0.6 % q/q for the rest of the year.
In Denmark , we have the last government bond auction in 2017. It will once again be in the preferred DGB 0.25% 11/20 and DGB 0.5% DGB 11/27 bonds. Danish government bonds have performed strongly against Germany this year. We list a number of factors that have supported the Danish market. We expect good demand at the auction given this is the last one in 2017 and the many supportive factors we list.
The week also brings currency reserves data for November on Monday. The EUR/DKK cross has been up at 7.4400 for most of November and we doubt we have seen any intervention. Wednesday brings housing prices for September and bankruptcies and repossessions for November, while Statistics Denmark's industrial production data for October rounds off the week on Thursday.
We look at the latest ownership data for Danish mortgage bonds
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