Danske Markets

Market movers ahead Central banks in Japan and Europe have stolen the headlines with signals of rate cuts - the US still looks set to move in the opposite direction, but much will depend on the coming...

The first estimate of US national accounts for Q4 showed that US GDP growth slowed to 0.7% q/q AR in Q4. Private consumption grew 2.2% q/q AR and continues to be the main growth driver. Oil...

Fed keeps hiking cycle alive and fails to turn risk sentiment.BoJ introduces negative rates and signals more to come. Oil finding a bottom but not a risk-positive one. Risk rally to prove short-lived...

Market Movers A lot of data to chew on today. Euro area kicks off with French and Spanish GDP data for Q4. France is expected to have grown 0.2% q/q, while Spain likely had stronger growth around 0.8%...

The macroeconomic situation provides a mixed picture for credits in 2016.We expect spreads to widen in all rating categories over the year. We prefer domestically oriented sectors that benefit from...

German HICP inflation increased to 0.4% y/y in January, from 0.2% y/y in December, in line with our estimate and consensus. German CPI was a bit higher than estimated, as it increased to 0.5% y/y,...

The wage round and Riksbank - a quick run-through.Is Sweden heading for budget surplus instead of a deficit? To read the entire report Please click on the pdf File Below

The Office of National Statistics has just released the first estimate of UK Q4 15 GDP growth (based on less than 50% of the total information required for the final estimate). The figures show that...

NOK looks vulnerable post the recent stabilisation in oil, risk.Riksbank February rate cut almost fully priced. We take profit on our NOK/SEK straddle and book a 0.34% profit. To read the entire...

Market Movers Following the Fed meeting yesterday focus today will be on the weekly jobless claims. These have edged higher in the past week pointing to weaker activity and a softer labour...

Prices of base metal and oil have historically been more prone to suffer during periods of low appetite for 'riskier assets' in financial markets, while the prices of grains and soft commodities are...

We expect the Bank of Japan (BoJ) to keep its monetary policy unchanged on 29 January. In our main scenario, we still expect BoJ to continue its current QQE programme, with an annual target of...

As expected, the Fed funds target rate was unchanged at 0.25%-0.50%. The vote was unanimous. The statement was dovish and more or less in line with our expectations.Overall, the statement supports our...

Financial markets have had a nervous start to 2016ECB set to cut policy rates again GBP weakening looks overdone To read the entire report Please click on the pdf File Below

Market Movers Key event today will be the FOMC meeting. We expect the Fed to keep the federal funds rate target unchanged at 0.25-0.50% but focus will be on the accompanying statement, see Fed...

A very light calendar today and market focus is likely to remain on whether risk sentiment is taking another souring turn .Bank of England (BoE) governor Mark Carney is due to speak today but he is...