Today was a day when the big boys decided it was time to remember some of the more positive news out there, namely the growth story in Asia. Later in the day a manufacturing report surprising on the upside in USA gave the final go-ahead signal for the markets. Nordic indexes ended the day up around 3% with cyclical stocks leading the way.
The value of worldwide currency trade has reached an all time high. Interest in Scandinavian currencies seems to have picked up as well. Rumours regarding the fate of HQ bank's functions continue to run amok. Norwegian current account surplus came at 83 billion kroner in Q2. YIT made a 73 million Euro purchase in Central Europe.
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