Danske Markets

PMI manufacturing for April confirmed what the leading indicators have been saying for some time - that the Chinese economy peaked in Q1 and is set to lose steam for the rest of 2017. Why a slowdown?...

Euro area inflation increased to 1.9% y/y in April from 1.5% y/y in March, while core inflation jumped to 1.2% y/y from 0.7% y/y, thereby reaching the highest level in four years. The higher core...

Norges Bank (NB) is widely expected to leave the sight deposit rate unchanged at 0.50% at Thursday's meeting and reiterate its 'on hold' stance.With little new information since the March meeting and...

Market movers today Emmanuel Macron is still leading comfortably in the opinion polls ahead of the second round of the French election and the market looks priced for his victory. Nevertheless, the...

It is a very quiet day in terms of major economic data releases.In the US today, PCE inflation data for March is due out. However, these numbers will probably not attract very much attention, as we...

The latest IMM data covers the week from 18 April to 25 April 2017To read the entire report Please click on the pdf File Below

In Sweden , the week ahead contains further information on a reinvigorated Swedish industry, with industrial production, orders and deliveries being released on Friday (at 09:30 CEST).A few days...

Market movers ahead The market will monitor incoming opinion polls ahead of the second round of the French Presidential election. The FOMC is set to meet on Wednesday. We do not expect major changes...

There is no sign of the Riksbank shifting its focus.The Riksbank has noted that recent wage deals have been lower than expected. There are still good opportunities to exploit carry-trades but we now...

Markets less worried about France, as Macron is clear favourite against Le Pen.Don't get overexcited about Trumponomics. With markets less worried about political uncertainty in Europe, focus may soon...

Emmanuel Macron now seems set for a comfortable win in the French election run-off.The UK snap election stirs renewed uncertainty. The GBP could strengthen slightly as the UK election...

Notably, EUR/USD has started to close the valuation gap, which our G10 MEVA model has pointed to some time, but upside potential in the cross remains intact.GBP remains substantially undervalued...

Today brings US GDP figures for Q1. The Fed Atlanta GDP nowcast shows growth in Q1 of 0.5% q/q AR, soft data indicates growth in the region of 1.5-2.0%. We expect to land somewhere in between and...

On 30 April, Italy's ruling Democratic Party (PD) will hold its leadership contest, which Matteo Renzi should win comfortably with around 70%, according to opinion polls. Although some political...

The ECB kept policy rates, the QE programme and its forward guidance unchanged at today's meeting - in line with our expectations. It still expects policy rates 'to remain at present or lower levels...

Tensions are rising fast between the US and North Korea and are likely to escalate further if North Korea continues with plans to make a nuclear test. The US is embarking on a course of brinkmanship...