Danske Markets

As expected, Norges Bank (NB) this morning left the sight deposit rate unchanged at 0.50%. The Board maintained the 'neutral bias' introduced in September, stating that, 'the Executive Board's current...

We expect Norges Bank (NB) to keep the sight deposit rate unchanged at 0.50% at today's meeting and over the next 12 months. Economic data has on balance disappointed somewhat over the past months,...

Clients are bullish on the Scandies, expecting the downtrend to continue in both EURSEK and EURNOK.Meanwhile, clients have grown less bullish on the USD, despite the Fed being in hiking mode and a...

In the eurozone, German ZEW expectations are due out today. Since July, ZEW expectations have followed a rising tendency to 13.8 in November but the December figure may bring this tendency to a halt....

In this presentation, we analyse the Fed's operational framework, the current and future conditions in the Fed funds market and the settlement of the Fed funds rate.At the FOMC meeting this week, we...

We expect Norges Bank (NB) to keep the sight deposit rate unchanged at 0.50% at Thursday's meeting and over the next 12M.Economic data have on balance disappointed over the last months but given the...

Even before Donald Trump has put himself in the presidential seat, he has started a diplomatic crisis with China . By questioning the support of the One China policy, Trump is using the most sensitive...

On Saturday, 22 OPEC and non-OPEC countries agreed on details to cut oil output.Two-thirds of world oil output is behind the deal but the larger number of countries in the expanded cartel makes the...

Today, we have a very thin calendar with no major economic data releases.In Scandinavia, focus turns to CPI data in Denmark. See more on the next page. To read the entire report Please click on the...

The latest IMM data covers the week from 29 November to the 6 December 2016To read the entire report Please click on the pdf File Below

In Sweden, the week ahead provides some long-awaited data on inflation (due Tuesday at 09:30 CET). Given the recent weakening of the SEK and a rise in oil prices, we expect a pronounced uptick in the...

In the US, next week's main event is the FOMC meeting on Wednesday. Stronger growth in H2 supports our view that the Fed will raise the target range by 25 points. All eyes will be on indicators for...

The market is convinced that significant US fiscal stimulus will drive a stronger USD and higher rates - particularly US rates.However, there is high uncertainty regarding the type of US fiscal...

We expect the Fed to raise the Fed funds target range 25bp to 0.50%-0.75% from the current 0.25%-0.50% at the FOMC meeting next week, in line with both consensus and market pricing.Since everyone...

Very little on the agenda today, despite the University of Michigan's consumer confidence.The market will use today to scrutinize yesterday's message from the ECB. In Scandinavia, focus turns to CPI...

The ECB extended its QE purchases by nine months to December 2017, but reduced the monthly purchases to EUR60bn from EUR80bn. The lower pace of purchases followed, according to the ECB, as the risk...