Market Comments

After a rather uneventful week, the coming week has a lot of marketmoving potential. GDP data for Germany, UK, the US and Swedenwill come out in respective order from Tuesday to Friday and couldfuel rate hike expectations further. UK and … Continue reading →

The problems at hand lend themselves rather neatly to the logical form ofthe trilemma. While a dilemma is an either/or situation, in a trilemma only two of three available options can possibly apply at any given time. One option must be sacrificed. … Continue reading →

Consumer price inflation in the UK remained in worrisome territory in November, up 0.4% over October and 3.3% over the year. November's inflation data exceeded consensus expectations. The bump in inflation is coming from the goods sector and it is visible in all … Continue reading →

Demand Generally trending as guided during 2Q earnings Commentary on demand in paper and forest markets was generally as discussed during 2Q earnings. For paper/board that is fairly encouraging. While acknowledging macro uncertainty, companies are still seeing y/y growth (at slower rate), solid … Continue reading →