A half hour before the Oslo Stock Exchange closes main index up 1.2 percent to 559.06, after rising by over two percent earlier in the day.
Head of commodity analysis Bjarne Schieldrop at SEB said TDN Finance that it now may be some risk appetite to track the market. He points out that global equity markets have risen last week.
– Investors may think that the next rate hike in the United States is postponed until further notice and that the market can continue to live with good access to liquidity and low interest rates, says Schieldrop .
in the same period have dollar index weakened by 2.1 percent.
– If we look at industrial metals they have appreciated by 3.3 percent, slightly more than the dollar index has weakened . It is a combination of dollars and a little easier sentiment after the next rate swelling in the US is expected prone, says Schieldrop news agency.
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