Fears Over Norway's Economy, Krone Are Exaggerated, Commerzbank Says

Fears Over Norway's Economy, Krone Are Exaggerated, Commerzbank Says

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Business, Architecture

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Nguyen, an FX strategist at Commerzbank, discusses the impact of oil price fluctuations on various currencies, including the ruble, Canadian dollar, and Norwegian krone. He notes that while these currencies are affected, the fears may be exaggerated, especially for the Norwegian krone. Nguyen also provides an update on China-US trade relations, highlighting potential meetings and China's encouragement of FDI in the auto industry. Lastly, he shares insights on the CNY exchange rate outlook for 2019, suggesting it will remain stable despite ongoing trade tensions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential meeting is mentioned regarding US and China trade relations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's stance on the stability of the dollar CNY exchange rate?

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