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NORW - NORW: Oil Interest Rates And Other Issues To Remember
Global X MSCI Norway
NORW is a small-size fund offering a relatively concentrated portfolio of Norwegian companies operating predominantly in the financial, consumer staples, and energy sectors.
Brent price and hawkish moves from Norges Bank are to watch closely.
I concur with the EIA's oil price forecast, while anticipating another rate hike in December. But all things considered, with attention paid to liquidity risks, I am neutral on NORW.