Hey,market-assassin........Here's whats on my radar...more GOOD...

Hey,market-assassin........Here's whats on my radar...more GOOD NEWS:-

UPDATE 1-Norway hikes growth f'casts, pressure on c.bank

Lifts 2012 mainland growth to 3.2 pct from 2.7 pct

* April output surprises on the upside

OSLO, June 7 (Reuters) - Norway's statistics agency raised its economic growth forecasts on Thursday and predicted faster gains in wages and house prices, putting pressure on the central bank to start hiking interest rates sooner than it currently plans.

Gross domestic product for the non-oil related economy may grow 3.2 percent in 2012, the agency said in a quarterly review, compared with the 2.7 percent it projected in February.

Adding to the case for rate hikes, data showed seasonally adjusted manufacturing output grew by 1.1 percent in April from March, much faster than the 0.3 percent rise seen in a poll of analysts.

"Statistics Norway once again paints a very optimistic picture of the Norwegian economy," said Knut Magnussen at DNB Market.


When the going gets tough,the tough get going.

More here:http://in.reuters.com/article/2012/06/07/norway-growth-idINL5E8H72SN20120607