Danske Markets

The euro area PMI figures for October were strong, and in line with the latest signals they suggest that GDP growth in the euro area in H2 16 will be stronger than initially expected after the UK's...

Today in the US, the Markit PMI manufacturing index for October will be released. We believe the figure will be broadly unchanged, indicating only modest growth.A few Fed members are scheduled to...

We expect Norges Bank to keep the sight deposit rate unchanged at 0.50 % at its October meeting. We have received little new economic information since the last meeting in September and with no...

The Czech National Bank (CNB) plans to exit its exchange rate floor to the euro in the second half of 2017, due to increasing inflationary pressures in the economy.Following an initial undershooting...

The latest IMM data covers the week from 11 October to 18 October 2016To read the entire report Please click on the pdf File Below

In Sweden two events are in focus: the updated net borrowing forecast from the Swedish National Debt Office (SNDO) on 26 October and the outcome of the Riksbank meeting on 27 October.We expect the...

Market movers ahead In the US a lot of attention next week will be on the first estimate of Q3 GDP growth. Overall, we expect GDP growth was around 2.0% q/q AR in Q3. This is not strong taking into...

The ECB is likely to extend QE in December and avoid stimulus, which would hurt the European banking sector.We expect EUR/USD to fall near term on relative monetary policy expectations, politics. We...

With less than three weeks to go before Election Day on 8 November, the third and last TV debate between Hillary Clinton and Donald Trump was held in the early hours of Thursday. The debate was...

Today, we have a thin calendar in terms of global data releases.In the euro area today, the ECB is set to publish the Survey of Professional Forecasts, containing longer-term inflation...

Riksbank and the Debt Office possibly at the crossroads. To read the entire report Please click on the pdf File Below

We think EUR/USD will fall near-term on technicals, ECBThe downside break of 1.0950 opens the door for further losses We take profit on our 12M bullish seagull and stand aside for now To read the...

The ECB kept all policy rates unchanged, maintained its monthly QE purchases of EUR80bn and still intends to end its purchases in March 2017. Regarding the outlook for monetary policy, the ECB...

Today's main event is the ECB meeting. We expect no new announcements from the ECB but believe focus will be on hints about a potential extension of QE purchases, which we expect to be announced at...

The recent decline in US crude inventories can be attributed mainly to seasonality and a strong hurricane season.Recent OPEC talks on cutting output provide an additional argument for maintaining high...

Today, attention will be on UK economic figures with the release of the labour market report for August. The economy has been quite resilient to the Brexit uncertainties so far, hence, we do not...