Danske Markets

US CPI data is due out for January. In line with consensus, we estimate that CPI core rose 0.2% m/m in January leaving the annual growth rate unchanged at 2.1% y/y.EU-UK negotiations continue...

Debt Office's new forecast may surprise.CPIF temporarily above the Riksbank's forecast. Receive 2y2y vs. 6m10y as an alternative to a 5y/10y steepener. Time to buy SGB1047 vs. SGB1054 in an ASW box or...

In Europe, focus will be on the minutes of the January ECB meeting. We will look for any indications of what instruments it is considering or prefers after the quite dovish January meeting.In the UK,...

The latest run of the Danske G10 MEVA model shows that USD has received fundamental support in recent months against EUR, GBP, AUD and NZD. This said, MEVA continues to signal that the greenback is...

While it was unclear exactly how to interpret the statement as per usual, the minutes were definitely to the dovish side and based on the minutes it is hard to see another hike at least until June.In...

EUR/NOK . Although the NOK is substantially undervalued from a long-term perspective, the short-term outlook continues to be tied closely to how the economy is doing, to oil price developments and to...

Today we get the minutes from the FOMC meeting of 26-27 January. This will give us a broader insight into the different views of the FOMC members. It could attract some attention as Yellen's testimony...

Russia and Saudi Arabia have today committed to freezing oil output at levels close to a record high.The decision was a disappointment for the oil market and will not affect the current global...

UK CPI inflation increased to 0.3% y/y in January 2016 from 0.2% y/y in December 2015 (Danske Bank: 0.4% y/y, consensus: 0.3% y/y) . Core inflation declined to 1.2% in January from 1.4% y/y in...

Deutsche Beteiligungs (DBAG) reported a strong performance in the first quarter of FY16 with a 10.6% increase in NAV underpinned by robust earnings and budgets across the carried portfolio. The...

Russia and Saudi Arabia have today committed to freezing oil output at levels close to a record high.The decision was a disappointment for the oil market and will not affect the current global...

Bank of England rate hike off the table for 2016Brexit concerns likely to continue to weigh on GBP in H1 We close our long GBP/USD position and stand aside for now To read the entire report Please...

Friday marked a turnaround in the risk-off sentiment that has characterised 2016 so far. This came after iTraxx Main and Itraxx Crossover on Thursday were at their highest levels since mid-2013. Since...

Although we have postponed our expectations for a first BoE hike to Q1 17 (see also BoE Review: BoE is not 'Fed light' , 4 February 2016), we are still monitoring the key economic figures closely. We...

We now expect the ECB to cut the deposit rate by 10bp at the March meeting accompanied by a two-tier deposit rate system aimed at limiting the costs to the banking sector. We also expect the ECB to...

On Tuesday 16 February (depending on market conditions), Kommuninvest is due to introduce a new loan (SE0008040786), set to mature on 16 February 2020 (thus fitting in between K1903 and K2012 on the...