Danske Markets

EUR/NOK. We expect EUR/NOK to trade around current levels in the coming month with the very short-term risks skewed to the upside. We maintain the view that fundamentals limit the medium-term downside...

On Thursday, we have tap auctions in SGBi31112 (1 June 2026) and SGBi3111 (1 June 2032) - SEK700 in the shorter one (SGBi3112) and SEK300m in the other. On Friday and Monday next week, the Swedish...

Politics is set to take centre stage in Japan in coming months with several important events ahead. Given the economic and political situation and, not least, this year's surge in the JPY, we think...

The release of the minutes from the April FOMC meeting is likely to get the most attention today as the calendar is thin. The minutes are to likely to show that the FOMC members had a rich discussion...

Overall, European credit indices have been trading range-bound over the past week, with the European main and crossover indices being broadly unchanged compared with last week. In government bond...

Market Movers In the US, focus will be on the CPI inflation figures for April. CPI core inflation for March came out lower than expected at 0.1% m/m. This suggests that the pickup in core inflation is...

A quantitative run-through of the Swedish fixed income market, from the Riksbank and money markets to government and mortgage bonds.To read the entire report Please click on the pdf File Below

This week the scorecard recommends buying JPY, SEK and EUR while selling NOK, GBP and CHF.Last week's signals resulted in a 0.3% loss. Next scorecard signals will be sent out 23 May. To read the...

We have a very light calendar today in terms of data releases.Most notable data release will be the US Empire manufacturing PMI for May, which is expected to decline to 7.0 in May from 9.6 in...

The latest IMM data covers the week from 3 May to 10 May 2016.To read the entire report Please click on the pdf File Below

There are no important economic key events in either of the Scandi currencies this week.In Sweden, we have a series of central bank speeches that we will keep an eye on. Ingves, Skingsley, Floden,...

One of the reasons why US GDP growth disappointed in Q1 16 was moderate private consumption growth. For us this was a surprise given that employment has continued to increase, real wage growth is...

Market movers ahead In the US , the most important release next week is the minutes from the April FOMC meeting due on Wednesday. The minutes will likely show that the FOMC members have had a rich...

With less than six weeks to the UK's EU referendum, both the 'remain' and 'leave' campaigns seem to have shifted gears as we have now entered a crucial phase.Yesterday, the BoE repeated it is...

The market has become overly pessimistic on US growth in our view.The USD has bottomed and will strengthen near term, particularly versus European currencies. The window for higher euro yields has...

Any significant rise in global rates and yields over the next three months still looks unlikely, in our view, given the latest easing measures from the ECB, soft rhetoric from BoJ, a Fed not likely to...