NORDIC DAYBOOK: Inflation Corners ECB as Crisis Handcuffs Policy

Euro-area inflation expectations soared to the highest level in more than two years last month as oil prices topped $100 a barrel, hampering the European Central Bank’s task as it fights the region’s sovereign-debt crisis.


WHAT TO WATCH: * D/S Norden A/S (DNORD DC) 4Q at about 8:30 a.m. Net est. $21.6 mln

EARNINGS: * Finnlines (FLG1S FH) FY * PARKEN Sport & Entertainment A/S (PARKEN DC), FY

MARKETS: * Nasdaq OMX Helsinki 25 Index rose 0.2% to 2,605.62 * The OMX Stockholm 30 Index fell 0.8% to 1,119.16 * Oslo’s OBX Index slipped 0.4% to 406.71 * The Copenhagen 20 Index dropped 0.7% to 470.44 * Swedish krona -- U.S. 6.3372 - EU 8.7306 * Norwegian krone -- U.S. 5.6036 - EU 7.7201

COMPANIES: * Nokia Oyj (NOK1V FH) will make an initial investment of EUR200 million ($275 million) to build a manufacturing site in Vietnam, according to a regulatory filing made today. * Novozymes A/S (NZYMB DC) Annual General Meeting * North Atlantic Seafood Forum conference in Oslo, March 1-3.

ECONOMY: * Swedish Current Account for fourth-quarter at 9:30am * Norway retail sales for January at 10 a.m. * Norway central bank regional network report at 10 a.m. * Denmark publishes February foreign currency reserves at 4 p.m.

GOVERNMENT: * Finland’s parliament discusses the supplementary budget for 2011, which is given to approve the state’s purchase of an additional 41 percent stake in Fingrid Oyj, the owner of Finland’s electricity transmission grid, at 1 p.m.

To contact the editor responsible for this story: Marianne Stigset at

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