Danske Markets

Sharp rise in PPI -- what does it mean for consumer prices?Reason to keep short EUR/SEK position. Long-dated BEIs above 2% and real rates below -1% - where is the value in longer linkers? Start...

In the US, the data calendar is light and we expect focus to remain on Donald Trump's policy. One game changer may be confirmation of Steven Mnuchin as Treasury Secretary.The main event in the UK next...

USD weaker as Trump team blames Germany, Japan and China for devaluing currenciesWe still look for stronger USD on 1-3M horizon A trade war could be brewing - self-defence if you ask Trump,...

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

Market movers today Today's main event is the US January jobs report. We estimate job growth was 160,000, still primarily driven by services. The annual growth rate in average hourly earnings rose to...

EUR/NOK move has been aided by technicals but seems fundamentally overdone.From a risk reward perspective, we prefer booking a 1.85% profit. We look to resell EUR/NOK on rallies. To read the entire...

In the UK, the main event today is the Bank of England (BoE) meeting, with the rate announcement and an updated Inflation Report published at 13.00 CET. We expect that the BoE will keep its monetary...

As expected, the Fed maintained the target range unchanged at 0.50%-0.75% and made no major changes to the FOMC statement. Unfortunately, the statements usually do not change much from meeting to...

Today, focus will be mainly on the FOMC meeting in the US, with the accompanying policy announcement at 20:00 CET. We expect the Fed to maintain the fed funds target range of 0.50-0.75% in line with...

The financial markets are awaiting news from Donald Trump.Yields are rising driven by higher inflation and greater risk appetite. Britain is heading for a clean exit from the EU. EUR/GBP is set to...

Euro area inflation increased to 1.8% y/y in January, which is the highest rate since February 2013 and above consensus at 1.5% y/y. The rise in inflation was driven mainly by energy and food price...

Market movers today Today, euro area HICP inflation figures for January are set to be released. Energy price inflation has maintained the upward lift to headline inflation, which we expect to rise to...

The latest IMM data covers the week from 17 January to the 24 January 2017To read the entire report Please click on the pdf File Below

German HICP inflation is due to be released today and we expect it to reach 1.9% for the first time since 2013. With German inflation back around the ECB's 2% target, German scepticism about the very...

In Sweden , the week ahead has little of interest. It is only on Friday (at 09.30 CET) that we receive data on December industrial orders and production. These data normally attract little market...

Market movers ahead Next week in the US, focus will be mainly on the FOMC meeting with the accompanying policy announcement on Wednesday and the January jobs report released on Friday. In the euro...