Modest reaction to continued EU/IMF disagreement

Latest news: Greece and EU/IMF are pulling the headlines The EU politicians were not able to agree on the payment of the next loan tranche. A decision is to be expected on Monday, 26 November. As expected the Turkish central bank lowered its overnight lending rate by 50 basis points. The announcement did not affect TRY. The Norwegian GDP for Q3 offered a positive surprise (0.7% against the expected level of 0.5%). However, growth in Q2 was revised down correspondingly to 0.8% from the previous

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Modest reaction to continued EU/IMF disagreement