Danske Markets

China confirmed that the growth target for 2016 will be 6.5-7%. A plan to reduce overcapacity in the steel sector has driven a rally in raw material prices adding to recent gains. FX reserve data...

This week the G10 FX Financial Scorecard recommends buying CAD, USD and JPY while selling NOK, NZD and EUR.Last week's signals resulted in a 1.0% loss. In particular, the short NZD position was...

Market Movers The Sentix investor confidence for March out 10:30 CET today will be followed closely for any signs of stabilisation following the latest improvement in financial risk sentiment. German...

We expect the ECB to announce another menu of monetary policy easing including a 10bp deposit rate cut together with an introduction of a two-tier deposit rate system and a front-loading of the QE...

The latest IMM data covers the week from 23 February to 1 March 2016.To read the entire report Please click on the pdf File Below

In Sweden, first out is the budget balance (Monday at 09:30 CET): not the SNDO-numbers (that do have market impact) but the once from Statistics Sweden (SCB). On Wednesday (at 09:30 CET), the SCB...

In our view, the mix of strong jobs growth, modest wage inflation and rising labour force participation is perfect for risk markets . Rising labour force participation and continued modest wage...

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

On Thursday, we expect the ECB to cut the deposit rate by 10bp to -0.4%, to introduce a two-tier deposit rate system aimed at reducing the cost to the banking sector and signalling the deposit rate...

Risk markets rally on better US data, higher oil price and policy easing.Investors should consider using rally to buy protection as risks persist. EUR/USD range bound, German yields could decline...

The oil investment survey gave us the opportunity to buy EUR/NOKBut we have been wrong on global risk sentiment and oil prices EUR/NOK should head higher in 1-3M on NB, business cycle, oil To read the...

Today focus will be on the US labour market report for February. We expect non-farm payrolls increased 160,000, below consensus of 195,000. Our forecast for employment growth is still faster than the...

In recent weeks, Swedish government bonds have underperformed versus Germany, swaps and mortgages. Nevertheless, we keep our long position in five-year government bonds ASW, at least until after the...

After several days of focus on the global manufacturing sector focus today turns to the service sector outlooks. While we look for a drop in service PMIs in Spain and Italy, we expect the final euro...

We have revised our euro area GDP growth forecast for 2016 considerably lower from 1.8% to 1.5% (consensus 1.6%). The downward revision is mainly due to external factors that add uncertainty and hence...

FX Quant Strategy provides a quantitative overview of the currency market, including several valuation tools and monitors, focusing on the FX options market.This week we recommend two FX option...