Danske Markets

The NOK has strengthened on risk-relief, not fundamentals.Norges Bank March is not fully priced We buy EUR/NOK with a target of 9.80 and stop-loss of 9.35. To read the entire report Please click on...

Large dividend payments in March and April are set to weigh on the Danish current account balance.This is likely to create pockets of EUR/DKK support in an environment that in general we see as...

There are no significant economic releases for the euro area today apart from France consumer confidence.In the US non-manufacturing PMI is due for release. In terms of the housing market, new home...

Several factors are set to keep manufacturing production and the ISM manufacturing index suppressed in coming months.Wider credit spreads and tighter financial conditions have historically been an...

A EU-UK deal has been reached and the UK is due to hold an EU in/out referendum on 23 June.Our main scenario is that UK remains in the EU. However, the opinion polls indicate it is a close race and we...

In Europe, the German IFO expectations are due for release and they are set to be followed closely by the markets. Developments here relate closely to German manufacturing PMI as this survey includes...

Last week the positive sentiment continued on the European credit markets, witnessed by a continued spread tightening trend. A few weeks back credit indices peaked at the highest levels since...

This week the G10 FX Financial Scorecard recommends buying CHF, GBP and EUR while selling JPY, NOK and SEK.Last week's signals resulted in a 0.75% loss. In particular, the long GBP and short JPY...

A EU-UK deal has been reached and the UK is due to hold an EU in/out referendum on 23 June.Our main scenario is that UK remains in the EU. However, the opinion polls indicate it is a close race and we...

An EU-UK deal has been reached.The UK's EU in/out referendum is set to be held in June (23 June). Our main scenario is that the UK remains in the EU. However, opinion polls indicate it is a close race...

The main event this week is the G20 meeting in Shanghai. We expect a string of US economic data releases during the week and we kick off with the Manufacturing PMI today.There is also plenty of data...

The latest IMM data covers the week from 09 February to 16 February 2016To read the entire report Please click on the pdf File Below

First out in Sweden are the National Institute for Economic Research's (NIER:s) business and consumer confidence surveys (both published on Thursday at 09.00 CET). On the same day, but half an hour...

We have several important economic data releases next week which should give us more information about the state of the world economy. Good data could give some relief as the financial turmoil partly...

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

The Riksbank gave us a great chance to sell EUR/SEK last week.The pair has closed the gap to fair value and risk appetite is stalling. We take profit on the trade with a profit of 2.10%. To read the...