Danske Markets

Implementation of new regulation, beginning normalisation of monetary policy in the US and an increase in deposits on the US treasury account at the Federal Reserve has reduced the US monetary base...

Financial market will continue to keep a close watch on the development in the Chinese money market. Offshore interest rates have shut up in recent weeks, suggesting the depreciation pressure has...

We have revised up our forecast on Finland to reflect most recent data and expect GDP to grow 1.3% in 2017 and 2018 mainly on the back of exports and corporate investment, while consumption is running...

Lately we have seen rising signs of stress in China - showing up in four places:Bond yields have shot higher While still low, the pace of the sell-off is worth watching. Equity markets have sold off...

In Sweden, demand growth has remained on a solid footing. In the first three quarters of 2016, GDP growth was 3.5% y/y on average. Despite this, due to a very strong comparative Q4 15, we expect the...

In the final week ahead of Christmas, focus remains on markets digesting last week's slightly hawkish Fed message amid most global economic surprise indices reaching new highs and US-China tensions...

The latest IMM data covers the week from 6 December to the 13 December 2016To read the entire report Please click on the pdf File Below

In Sweden , we expect the Riksbank to prolong the current QE programme by six months (SEK30bn) and cut the repo rate by an additional 10bp to -0.60%. To give some additional flavour, we underline that...

Market movers ahead There have been several important central bank meetings this month but we still have one to go. We expect the Riksbank to prolong the current QE programme by six months (SEK30bn)...

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

Reflation theme getting further support from data.We look for further upside in equity markets and bond yields in 2017. More USD strength short term but reversal in 2017. Keep an eye on China -...

EUR/USD. We lower our 1M EUR/USD forecasts to 1.02 (1.05 previously) but maintain our 3M forecasts at 1.04, 6M forecasts at 1.08 and 12M forecasts at 1.12. The lowering of our 1M forecast reflects...

Market movers today After a very busy week so far, we are in for a quieter day with few key data on the agenda. We have HICP data due out for the eurozone, but we already know much of the local data,...

FOMC, what of it?U-turn by the FSA To read the entire report Please click on the pdf File Below

As we expected, the Bank of England (BoE) left monetary policy unchanged at its December meeting. It kept the Bank Rate at 0.25%, while it left the targets for the stock of government bond purchases...

EUR/DKK has dropped below DN's intervention target from earlier this year and is close to the lower bound under present governor Lars Rohde.European political risk and a strong wealth effect of the...