Danske Markets

The latest IMM data covers the week from 2 to 9 February 2016.To read the entire report Please click on the pdf File Below

First out in Sweden are inventory data (Monday, at 09.30 CET) from both the industrial and services sectors. This will have a direct impact on GDP and will hopefully clarify how corporates are...

We will host a conference call at 10:00-10:30 CET today in which we present our view on the risks of a new systemic crisis, with a particular focus on the euro area and market implications. See Market...

This week the scorecard recommends buying CAD, GBP and NOK while selling JPY, SEK and EUR.Last week's signals resulted in a 1.1% loss. Especially the short JPY position was expensive while the long...

Market Movers Financial markets' turmoil continued to dominate price actions this week and investors are likely to look for policy responses to stabilise markets. In the US , minutes from the FOMC...

The world is not yet facing a systemic crisis but risks are rising.There is an element of central bank fatigue and there could be a hit to global growth from the current turmoil. We expect the ECB to...

We will host a conference call in which we present our view on the risks of a new systemic crisis, with a particular focus on the euro area and market implications. See Market Turmoil, Policy...

The world is not yet facing a systemic crisis but risks are rising. There are mitigating factors compared with previous systemic crises but there are also concerns about declining market liquidity,...

In our view, the uncertainty in financial markets and rising risk of a systemic crisis is likely to keep the Fed from hiking before markets have settled down.We now expect the Fed to remain on hold...

Today the market will look for hints on the future path of US monetary policy when Fed's William C. Dudley (voter, dovish) and John C. Williams (neutral, non-voter) speak.Preliminary GDP figures for...

The world is not yet facing a systemic crisis but risks are rising. There are mitigating factors compared with previous systemic crises but there are also concerns about declining market liquidity,...

More of the same from Riksbank.Riksbank inflation nightmare to continue. After the Riksbank announcement, we close some of our trading positions that would be exposed in an international...

The Riksbank cut 15bp to -0.50% and flattened the repo rate path out to Q2 17 but there is more to come in our view.Stands ready to intervene in the FX market. Says it will reinvest maturities and...

The Riksbank lowered the repo rate and flattened the repo path.We consider the spike in EUR/SEK as overdone. We sell EURSEK, targeting a move back down in the old range. To read the entire report...

The calendar is light today, so financial markets will look to Sweden, where the Riksbank will announce its decision on monetary policy at 9:30 CET. We expect a repo rate cut of at least 10bp to 0.45%...

We now expect Norges Bank to cut rates on 17 March.At the December MPC-meeting, the Board signalled that rates were more likely to be cut in March than kept on hold. As we expected domestic key...