Danske Markets

Following the failed attempt to topple the Turkish government on Friday, Turkish financial markets seem destined for a volatile trading session when bourses reopen today.At 10:15 CET, Martin Weale,...

The latest IMM data covers the week from 5 July to 12 July 2016To read the entire report Please click on the pdf File Below

Theresa May spent her first day as Prime Minister of the UK reshuffling the cabinet. The market will continue to watch out for any news from her today and the new ministers on economic policy and the...

Against our expectation, the Bank of England (BoE) maintained the Bank Rate at 0.50% . Given BoE Governor Mark Carney's very dovish speech two weeks ago in which he said that 'some monetary policy...

Focus today will be on the monetary policy announcement from the Bank of England (BoE). We expect the BoE to make a precautionary 25bp cut from 0.50% to 0.25% and at the same time communicate that...

It will be another fairly quiet day in terms of economic data releases. The industrial production data for the euro area is due to be released for May. Last week showed a change of -1.3% m/m in...

Focus today will be on the Ecofin meeting in the EU where the finance ministers will discuss whether to punish Spain and Portugal with fines for not meeting their budget targets. It comes at a...

Today Theresa May was 'crowned' as new Conservative party leader as Andrea Leadsom pulled out of the leadership and in a press conference Prime Minister David Cameron announced he will step down on...

The latest IMM data covers the week from 28 June to 5 July 2016.To read the entire report Please click on the pdf File Below

It is a very quiet start to the week on the data front. The change in Fed's Labour Market Conditions Index is the only release of interest . It has shown a fair amount of weakening in the labour...

Rebound in June not enough to compensate for April and May After two very weak jobs reports for April and May, the June jobs report showed a strong rebound as employment grew 287,000 in June after it...

This afternoon Justice Secretary Michael Gove was eliminated from the Conservative leadership race, leaving only Home Secretary Theresa May and Energy Minister Andrea Leadsom on the ballot (see BBC )....

Today all eyes will be on the June US jobs report. We expect to see a rebound in employment growth following the worst jobs report in five years in May. The Verizon strike, which weighed negatively on...

Little news in the minutes from the June FOMC meeting, which took place just eight days before the UK's EU vote. Most of the information we already got in the FOMC meeting statement and Fed chair...

Today, the UK conservative members of parliament will continue voting on a new party leader to succeed David Cameron.The European Central Bank is set to release its account of the June monetary policy...

Some takeawaysThe Riksbank has delayed its first rate hike from Q2 to Q3 17 and sees slower hikes thereafter. It has underlined that at this stage it is very difficult to quantify the effects of...