Danske Markets

SEK faces another Riksbank headwind in December.SEK set to stay weak for longer. We list key potential triggers for an eventual trend turnaround. To read the entire report Please click on the pdf File...

Election Day is approaching and a very long election campaign is about to come to an end. The recent development in both national and state polls shows that it is not over until the fat lady sings and...

Will the Riksbank cut rates again after all?Short rates provide a cheap option on a rate cut. Buy SGB1059 versus SGB1057 in ASW box or curve spread. To read the entire report Please click on the pdf...

Today, the US jobs report for October due out at 13:30 CET will be in focus. We continue to receive mixed signals about the labour market. Claims figures continue to signal job growth well above...

As expected, the Bank of England (BoE) left monetary policy unchanged at the November meeting.However, the tone was more hawkish than expected as it shifted from an easing bias to a neutral bias,...

conference call following the US election. The US election is one of the most important events in 2016 for the future of global policymaking, the global economy and financial markets. In this...

As expected, the FOMC maintained the Fed funds target rate at 0.25-0.50%. Neither analysts nor investors expected the Fed to hike so close to the election day next weekThere were no new 'dots' and no...

Today, focus will be on the Bank of England (BoE) meeting and the so-called 'Super Thursday', where we get the policy announcements, minutes, an updated Inflation Report and Mark Carney hosts a press...

Market movers today Today, focus will be on the FOMC meeting with the rate announcement due out at 19:00 CET. It is one of the small meetings without a press conference or updated 'dots'. We expect it...

The October jobs report is due out on Friday (13:30 CET) and will provide important input in the Fed's decision as to whether it hikes or not in December. Thus, we may change our current call for 'no...

Chinese PMI data for October surprised strongly on the upside (see chart below), adding to the picture of a global recovery and putting more fuel on the reflation theme . China consumes around 50% of...

After many rumours, lots of criticism and ahead of the upcoming Bank of England (BoE) meeting on Thursday, BoE Governor Mark Carney announced he will extend his term until the end of June 2019 , see...

The main release today will be the US ISM manufacturing index for October. It will be important to see if it confirms the positive signs on October activity from the Markit PMI released last week....

Buy SGB1059 versus SGB1057 @ 42bp. P/L: 30bp/52bp. 3m carry & roll down +1bp.Buy SGB1059 versus SGB1057 in ASW box @ -3bp. P/L: -10bp/0bp 3M carry and roll down +1.5bp. To read the entire report...

Starting a busy week, today we are due to get euro flash CPI and US core PCE inflation. We look for euro inflation to rise to 0.5% y/y in October from 0.4% in September, which is in line with...

FOMC meetings concludes on Wednesday, with the rate announcement at 19:00 CET (note that this is an hour earlier than usual as Europe has shifted back to winter time)We expect Fed to maintain the...