Danske Markets

The Bank of Japan (BoJ) is increasing its purchases of ETFs but has kept the policy interest rate and bond purchase programme unchanged at -0.1% and JPY80trn, respectively. The BoJ is keeping the door...

Buy SGB1054 versus SGB1052 @ 30bp. P/L: 18bp/40bp. Carry/roll down: +1.5bp/3M.Sell SGB1052 ASW versus receive RIBAMAR17 and pay FRADEC16. -26bp and -2.5bp. P/L:-18bp and 0bp/-32bp and -10bp. Tax...

The Bank of Japan (BoJ) has disappointed the markets and the yen has strengthened. The BoJ only expanded the purchase of ETFs and doubled the size of a USD lending programme while keeping the policy...

Fed says near-term risks have diminished As expected FOMC maintained the federal funds target range unchanged at 0.25%-0.50%. Compared to the last meeting when the decision was unanimous, Feds George...

Chinese economic indicators have been mixed lately with some pointing to softer growth. However, we do not look for a renewed slowdown but rather a muddle-through scenario in H2. Emerging market...

The market will use today to digest the news from the FOMC last night and focus now turns to the announcement tomorrow morning from the Bank of Japan (BoJ). We look for a rate cut from the BoJ and a...

We expect the Bank of Japan (BoJ) to cut its policy rate by 20bp to -0.3% and expect additional qualitative measures, including an upscaling of ETF and J-REIT purchases. We believe our forecast of BoJ...

While the data calendar for the first two days of the week was fairly thin, the rest of the week is packed with important events. The key event today is the July FOMC monetary policy meeting in the...

Today's calendar is dominated by US releases as Markit Service, Composite PMIs, new home sales and Conference Board consumer confidence data are all due out. Market focus will in particular be on...

The upcoming FOMC meeting is one of the small meetings without new 'dots' and a press conference. As it is broadly expected that the FOMC will keep the federal funds target range unchanged at...

The latest IMM data cover the week from 12 to 19 July 2016To read the entire report Please click on the pdf File Below

While today's calendar is very thin, the rest of the week is full of important releases and central bank meetings. Today, the only important data release will be the German IFO, which will give...

The ECB kept all policy rates unchanged and maintained the monthly QE purchases of EUR80bn . The ECB "continues to expect the key ECB interest rates to remain at present or lower levels for an...

Today, preliminary PMIs for July are due for release in Europe and the US. In particular, focus will be on the PMI flash estimates for the UK, which Markit Economics are doing as a one-off due to...

Today, the market will focus on the ECB meeting (rate announcement 13:45 CEST, press conference 14:30 CEST). We do not expect it to ease monetary policy before the September meeting but expect a...

Today's calendar is thin but we still have a few interesting releases. The most important one is the UK labour market report for May due 10:30 CEST. While the report is covering the period before the...