Danske Markets

EUR/NOK . In the short term, the cross remains highly vulnerable to global risk sentiment. As the Fed now seems to be incorporating global growth concerns to a much larger extent, we think the oil...

A calendar of key events in the Commodities Market for the week ahead.To read the entire report Please click on the pdf File Below

Market movers ahead We expect focus to be on euro PMI and German ifo next week. After falling for some months, we look for stabilisation in March. The German ZEW should also find a bottom after the...

The ECB's new TLTRO II provides very cheap bank funding with a long maturity and no mandatory early repayments. The TLTRO II has a fixed size and maturity while the price of the loans varies with...

In the US, preliminary consumer confidence figures from the University of Michigan are due to be released.In the euro area, data for euro area labour costs for Q4 15 is due to be released. This will...

Global central bank unity on keeping rates "lower-for-even-longer".Generally, this suggests lower yields < five years, lower convexity and flatter curves (on that horizon). To read the entire...

The revised rate path has a 100% implied probability of another 25bp rate cut in 2016 and a 20% probability of an additional cut to zero in H1 17. Conditioned on no policy changes in May, the Q2 16...

The Federal Reserve now seems less eager to continue raising interest rates, which sent the USD lower and commodity prices higher.The dovish turn from the Federal Reserve supports demand for...

Following the FOMC meeting last night, this week's long list of central bank meetings continues with three meetings on the agenda today.We expect Norges Bank to cut its key rate by 25bp to 0.50% at...

As widely expected, the Fed maintained the Fed funds target rate unchanged at 0.25%-0.50% - but Fed sent a dovish signal.The median 'dot' for this year was lowered down to signalling two hikes (down...

According to sources close to the People's Bank of China, the central bank is drafting rules for a tax on FX transactions - a so-called Tobin tax.The aim of the Tobin tax is to throw sand in the...

Today's main event will be the FOMC monetary policy announcement. We expect the FOMC to keep the fed funds target rate unchanged at 0.25%-0.50%. This is widely expected and focus will instead be on...

EUR/SEK has been range bound, strangle has expired OTM.Limited downside risks to EUR/SEK, theta becoming expensive. We take profit on our EUR/SEK put option and book a 0.41% profit. To read the entire...

Today's calendar contains a series of US data releases with February's retail sales report as the most important release. The retail sales control group is expected to increase 0.2% m/m in February...

Last week was all about the ECB and what measures Mr. Draghi could use to fight the signs of deflation and raise inflation towards the 2% target.When the bazooka was fired and the smoke had subsided,...

SEB is introducing a new loan on Tuesday. The loan matures on 15 December 2021.The coupon rate is set at 1.5% and the ISIN code is SE0008103477. To read the entire report Please click on the pdf File...