Danske Markets

A calendar of key events in the Commodities Market for the next week.To read the entire report Please click on the pdf File Below

Market movers today Today is another quiet day in terms of data releases. In the afternoon, the euro area consumer confidence indicator for May is due out, which we expect to show a rise to -3.1 from...

Swedish government bonds (SGBs) are coming back into fashion ahead of the approaching bond-friendly summer.We have reached our profit target in the Buy SGB1052 (2Y) recommendation. Buy SHYP1583...

SEK trading weak amid repricing of global political risk - and a soft RiksbankRebalancing needs currently suggest EUR sell and USD buy EUR/SEK is getting dear relative to short-term models To read the...

We take profit on two of our FX Top Trades 2017 in EUR/JPY and EUR/USD with a PnL of 2.34% and 3.48%, respectively.We would look to re-enter a bullish position in both pairs if a setback in EUR...

New research from Danske Bank Markets Trade: Buy SGB1059 and sell SGB1047 in a bond curve flattener @ 94.5bp. P/L: 80bp/105bp. 3M carry: +0.5bp, 3M roll down: -1.7bp. In our note Summertime...

Market movers today Another quiet day today in terms of data releases but markets will continue to follow the political development in the US after a very bad week for President Trump and his...

We look for Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC supply cuts to be extended, with limited upside impact on oil prices.We expect Brent crude to trade around USD50-54/bl...

While we continue to see further upside for 10Y German Bund yields on a 12M horizon, we expect no major changes in 2017. This is also the case for Swedish, Danish and Norwegian yields. Range trading...

Today is a quiet day in terms of economic data releases. In the UK, the labour market report for March is due. We estimate the unemployment rate (3M average) was unchanged, as there is still no...

The proposed changes - introducing the previous 'policy variable' CPIF as the new target variable (target still 2%) and introducing a 'variation band' - will have no implications for the conduct of...

Market movers today Today, the Riksbank will present a proposal on target variables and possible intervals (09:30 CET). Overall, it seems likely that the Riskbank will change to target the CPIF but it...

Global FX markets: With political risks in Europe abating for now, currency market focus could increasingly turn to the global cycle where the risks from a weaker China and Fed determinedness to...

Market movers today Today is a rather quiet day in terms of data releases (so is the rest of the week actually). In the US, regional PMIs begin to tick in now and we estimate them to have declined...

In Sweden , the week ahead looks slow, at least when browsing the calendar. The only data of any interest is industrial and retail inventory data (Monday at 09:30 CEST), which will be some of the last...

The latest IMM data cover the week from 2 to 9 May 2017To read the entire report Please click on the pdf File Below