United States Business Inventories registered at 0.1%, below expectations (0.2%) in November

EUR/NOK: Inflation surprise challenges rate-cut hopes – Societe Generale

Societe Generale analysts note that stronger‑than‑expected Norwegian inflation is supporting the Norwegian Krone and questioning expectations for further Norges Bank easing.
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Denmark: Inflation slide boosts households – Nordea

Nordea’s Helge J. Pedersen notes that Danish inflation dropped sharply to 0.8% year-on-year in January, largely due to the government’s cut in electricity tax to the EU minimum. Core inflation also eased, and goods prices are now lower than a year ago.
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