Nordic States

Wayne Cole gives us a look at what the future holds for European and global markets. Everyone is now an expert in crude?shipping across the Strait of Hormuz. Marine Traffic shows the 'tankers' piled up on either side of this vital waterway, which carries about a fifth of all the world’s?oil and liquefied gas trades. It also carries a third of its?fertiliser. The main buyers of Iranian crude oil are Asia and China. It's not closed, but shippers will be reluctant to take a risk, especially if they cannot afford additional war insurance. Charter rates on very large tankers were...

Tom Westbrook gives us a look at what the European and global markets will be like today. The weekend was a huddled-down one for traders, with threats flying between Iran and the U.S., and nerves raging through the markets due to listed private equity funds. PMI surveys, ?U.S. PCE and GDP data, corporate earnings and a few other items headlined the calendar. However, politics and war risk seemed to dominate investors' minds. The dollar was heading for its biggest weekly increase in four months. U.S. president Donald?Trump set Iran a 10- to 15-day deadline to reach a nuclear deal or...

Rocky Swift gives us a look at what the future holds for European and global markets. Investors are still focusing on geopolitical tensions, as well as signs of cooling in the hot tech sector. This is affecting price movements on commodities, currencies and stocks. Asian shares climbed a little higher, after a slight gain on Wall Street, amid concerns about artificial intelligence's impact on the economy and?valuations?linked to it. Many markets in Asia remained closed due to Lunar New Year. The Nikkei jumped more than 1% in Japan on the expectation that the country's tech companies will benefit from the...

Rocky Swift gives us a look at what the future holds for European and global markets. As much of Asia was closed for the Lunar New Year holiday, all eyes were on the Middle East in the hope that talks between the U.S. Geopolitical tensions will be de-escalated by talks between the?U.S. Gold and oil prices fell after U.S. president Donald Trump announced that he will be participating "indirectly," in the talks scheduled for Tuesday in Geneva on Iran's nuclear program. He also said he believes Tehran wants to make a deal. Following a holiday in the U.S. for Presidents'...

Wayne Cole gives us a look at what the markets will be like in Europe and around the world today. The week has started off quiet in the United States and Asia. The Nikkei was stung by Japanese data as the GDP missed expectations. The economy only grew 0.2% annually in the fourth quarter of 2012, while analysts expected a rebound to 1.6% following a contraction in Q3. The GDP also increased by just 0.1% on a year-on-year basis, which is a dramatic drop from the 2% growth rate of mid-2025. The nominal GDP was slightly better, at 3.4% for...

Stella Qiu gives us a look at what the future holds for European and global markets. The tech selloff is back with a vengeance. Cisco was the cause of this latest slump, as its margins were squeezed due to the rising?costs for memory chips. This frightened investors who had been expecting booming profits. AI is causing a lot of concern about the future of jobs. Overnight, trucking and logistics companies suffered a sharp drop in stock prices. This was not long after the software sector plummeted as Anthropic released Claude Cowork to fuel job concerns. Apple was not spared. Apple,...

Ankur Banerjee gives us a look at what the European and global markets will be like tomorrow. Investors will be focusing on a slate of European earnings after the U.S. jobs report surprised many with its strength. This has led to expectations that the Federal Reserve would likely keep rates steady at least until the second half. The future of policy is dependent on the labour market and consumer price trends. Investors are reducing their bets on a Fed move in the near future, and the focus is now shifted to Friday's inflation data. The U.S. employment data presented a...

The final of the Olympic freestyle ski'moguls' was held on Tuesday. Perrine Laffont, the 2018 winner from France and Australia’s Jakara Anthony, the defending Olympic champion made it to the final. 2022 silver medallist Jaelin kauf had to compete in the second qualification round. Anthony, who had been sidelined for most of the season due to a collarbone fracture, combined technique, speed, and turns in order to win first place. She described her performance as "clean and pretty tidy". Laffont placed fourth after combining amazing jumps and rhythm around the moguls, which are closely spaced mounds. She displayed fine control...

Wayne Cole gives us a look at what the future holds for European and global markets. The markets like it when there is a political event. Sanae Takaichi, Japan's first woman Prime Minister, blew the competition out of the water in the election. This sparked a rally of 4.5% in the Nikkei index to "all-time" highs. The index actually broke 55,000, 56, 000, and 57,000 in a single go. The LDP's best ever result was a resounding victory as it took 316 out of 465 seats at the lower house of parliament. Takaichi, together with its coalition partner Japan Innovation...

Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. There is no report on jobs for Friday. The markets are worried about the?non farm payrolls being delayed - yet again - by another U.S. shutdown and the global selloff on Wall Street. Following fresh signs of economic strain in the labor market, traders are increasing?betting? that the Federal Reserve will ease policy at its meeting. According to a survey by global outplacement firm Challenger, Gray & Christmas, the number of layoffs in the U.S. increased in January, reaching the highest monthly level...

The Norwegian parliament rejected on Thursday a proposal that would have blocked Equinor from supplying electricity to its Hammerfest LNG plant via the region's electrical grid. This allowed for 'ongoing' development to continue. The Socialist Party, which had previously supported the LNG plant plan, withdrew their support, calling it "in fact unlawful". The opposition proposal was supported by 48 parliamentarians, while 54 members voted against it. The government approved a connection in 2023 to reduce greenhouse gas emissions from the plant located on Melkoeya Island off Hammerfest, and?extend the lifetime of the plant. Critics claim that connecting the "currently gas-driven"...

Stella Qiu gives us a look at what the future holds for European and Global markets on February 5th: Investors were confident that the major U.S. tech firms would deliver a strong quarter with rosy forecasts. They increased their exposures ahead of this earnings season. This has proven to be a costly error. Google Alphabet Released It delivered solid results, but also surprised analysts when it announced that capital expenditures would be between $175 billion and $185 billion in this year - far above Wall Street's expectations. This only fueled fears about the?explosion of artificial intelligence investment. The valuations of...

Buy expensive steel that is made using a "nascent" technology powered by green hydrogen, which barely exists? Under European Union plans, which aim to bolster the steel industry of the EU while still meeting?its environmental targets, this is what Europe's automakers face. They are already under pressure from a fiercer competition in China. The EU changed its CO2 emission targets for new cars in December to 90% by 2035, from 100%. This was a shift from the earlier 100% target. EU WANT TO BOOST EUROPEAN STAINLESS SECTOR The new proposal is tied to the EU Industrial Accelerator Act, due to...

Rare Earths Norway announced on Tuesday that the estimate of mineral resources in a mine under development by Europe's largest project for rare earths has increased by 81% from?the previous evaluation two years ago. The development of Fen in southern Norway, the company's rare earth project, would help the continent to reduce its dependence on the dominant producer China. According to a WSP statement, the project contains 15.9 million metric tonnes of total rare earth oxide in indicated and implied resources. It added that the new estimate is based on additional exploration drilling done last year, and compares to 8,8...

The estimate of mineral resources at the?mine that Rare Earths Norway is developing, Europe's biggest rare earth project has increased by?81% from the last evalution two years ago, the privately owned firm announced on Tuesday. The Fen project, which is being developed by the company, would help Europe to reduce its dependence on China as the dominant producer of rare earths. According to a WSP statement, the project has?a total rare earth oxide of 15.9 million metric tonnes in indicated and inferred resource,' It added that the 'new estimate' reflects additional exploration drilling which took place in 2018 and compares...

Since the emergence of a?U.S. President Donald Trump has repeatedly threatened to annex Greenland, according to a senior Greenlandic government official. Naaja H. Nathielsen, Greenland’s Minister for Business and Mineral Resources, stated that the UK, Canada, and European Union countries have shown the most interest. She said, "On the investor's side, we saw an increase in interest in investing." She said that although Trump expressed an interest in purchasing?Greenland many years ago, it has been "hectic" over the last two months. The Arctic island is a strategically located, mineral-rich autonomous?territory. Trump has 'intensified his rhetoric about gaining control of Greenland...

Greenland's prime minister Jens-Frederik Nielsen responded "no thanks", on Sunday, to the idea of U.S. President Donald 'Trump' to send a hospital boat to Greenland. Trump has said repeatedly that he wants to takeover this territory. Trump announced on social media on Saturday that he is working with Jeff Landry, the Louisiana Governor and special envoy for Greenland to send a hospital boat to Greenland. "President Trump’s idea to send an American?hospital boat here to Greenland was noted. We do have a free public healthcare system. Nielsen said in a Facebook post that it was a "deliberate choice". Nielsen said...

The Dutch state-owned financial institution Invest International will lend a total of $60 million to the chipmaker 'Nexperia, in order to finance a series of global investments at 'its production sites. The funds will be used to boost production, modernise the production lines and improve productivity. Nexperia in the Netherlands, a unit of China's Wingtech, was caught up in a corporate standoff with Europe after a Dutch state intervention installed an European management team last year. According to the Dutch newspaper FD, this move scared away investors and caused a global crisis in terms of chip supplies for the automotive...

Outokumpu, a Finnish stainless steel'maker, warned on Thursday that despite a core profit of over $500,000 for the fourth quarter 2025 which was above market expectations. At 1319 GMT, the shares were down about 5%. Last year, European Steelmakers were under pressure from a weak domestic market, high energy costs and cheap Asian imports. They welcomed EU protections such as the Carbon Border Adjustment Mechanism or the European Commission’s proposal to reduce import quotas. Marc-Simon Schaar, the finance chief at CBAM, told reporters that despite the fact that he expected a'significant recovery in volumes' and saw more activity on the...

Pandora has switched to platinum-plated items to reduce its exposure to the wild swings of the silver market. This comes after a speculative frenzy drove the metal's prices to record highs over the last year. Silver's sharp movements have become a major factor in the share price of the Danish company. Last week's drop in the metal sparked a surge in the stock. In an interview, CEO Berta De Pablos Barbier said: "We must decouple the performance of the company from the value of its shares." "We are not a trader of silver, we are a jewellery company." Pandora's most...

Greenland's Prime Minister Jens Frederik Nielsen warned Monday that despite the fact that Donald Trump, U.S. president has disclaimed military force, Washington is still attempting to gain control of the Arctic island. Trump increased his calls for U.S. sovereignty over Greenland in the beginning of the year. He cited national security concerns relating to Russia and China. Some European NATO allies defended Denmark's sovereignty over Greenland, and said Trump’s pressure threatened the NATO alliance. Since then, the U.S. President has backed away from threats of violence and claimed that he secured U.S. total access to Greenland through a NATO deal....

Gold prices fell by over 8% on Friday to 'break below $5,000 mark as the dollar strengthened due to the upcoming appointment of the new U.S. Federal Reserve chair. However, the safe-haven material remained on track for its largest monthly gain since 1982 following multiple record highs. As profit-taking took hold, other precious metals have also fallen sharply. Gold spot was down 5% to $5,124.37 per ounce at 1132 GMT. It had fallen earlier in the day to $4,957.54. U.S. gold futures for delivery in February fell by 3.9% to $5118.40. Gold reached a record high of $5,594.82 Thursday, and...

Gold prices fell by over 7% on Friday, breaking?below $5,000. The dollar was strengthening on the news of the imminent appointment of a new U.S. Federal Reserve chair. However, the safe-haven material remained on track for its largest monthly gain since 1999. As profit-taking took hold, other precious metals have also fallen sharply. By 0947 GMT, spot gold had fallen 7.5% to $4.992.05 per ounce. U.S. Gold Futures for February Delivery fell 6.4% to $ 4,985. Gold reached a record high of $5,594.82 in the US on Thursday. It is on course to gain more than 15% this month. This...

The gold price surpassed $5,300 an ounce on Wednesday for the 'first time,' driven by economic uncertainties and a weakening?U.S. dollar. Investors waited for the Federal Reserve to announce its policy amid growing concerns about their independence. By 12:45 pm, spot gold had risen 1.9% to $5,289.48 per ounce. After reaching a record of $5,311.31, ET (1745 GMT), gold prices fell to $5,289.48 an ounce. The previous session saw prices rise by more than 3%. U.S. Gold Futures for February Delivery jumped by 4% to $5286.50 per ounce. Dollar-priced gold is now cheaper for foreign buyers. Peter Grant, senior metals...