Danske Markets

In the UK, it is time for the BoE's January meeting. As expected, the BoE took a dovish stance at the December meeting due to a combination of a poor risk environment and the lower oil price, which...

Amid increasingly upbeat growth-related data, the market has seemingly stopped expecting more measures from the Riksbank. The connection between growth and inflation, however, is still weak, and we...

China's steel export increased in December. The country continues to dump steel on the global market as domestic manufacturing and construction activity remain weak.Housing demand has started to...

Export and import data show encouraging signs of a moderate recovery in China and not a downturn as markets have been fearing and pricing in. As China has been one of the major concerns since the...

The calendar of economic data releases is relatively thin today.Euro area industrial production for November is released today and we look for a small decline in line with the German figure. In the US...

We will host a conference call in which we lay out the macro and market implications of the collapse in oil prices on Thursday 14 January 2016, 09:00-09:30 CET.See The Repercussions of the Oil Price...

PBoC has stepped up measures to halt the CNY and CNH depreciation against the USD leading to a sharp decline in CNH in the past two days. We still look for a weaker CNY in the medium term as diverging...

The calendar of economic data releases is relatively thin today.In the UK industrial and manufacturing production and construction output in November are due. The figures should give us more insight...

With eyes aimed at the Chinese stock market, the first week of the year was marked by heavy risk-off sentiment in both equities and credits. The Hong-Kong stock exchange dived as much as 7% during the...

The latest IMM data covers the week from 29 December 2015 to 5 January 2016.To read the entire report Please click on the pdf File Below

The bottom line first : ECB intervention, European growth and the 'hunt for yield' should continue to support spreads in 2016 but we see higher downside risk versus one year ago. In 2015, European...

Nordea Hypotek is introducing a new 5Y covered bond (NDH5532), which is set to mature on 19 May 2021. The coupon rate is set at 1.25% and the ISIN code is SE0007897186. The loan is set to be...

This week the scorecard recommends buying CAD, SEK and AUD while selling JPY, NOK and NZD.Last week's signals resulted in a 0.8% profit. Especially the short GBP, NZD and CAD positions performed well,...

In Sweden , December inflation figures are due out on Thursday. We expect the CPIF to print 0.9 % y/y, which is 0.2 percentage points below the Riksbank's forecast. This is not in itself enough to...

Fed's Lockhart and Kaplan (both non-voters) are scheduled to speak today and the US labour market condition index is due for release.Confusion regarding China's FX policy contributed to the market...

The oil price is one of the most important drivers across economies and markets. In our view, oil prices are likely to stay low for longer. In this presentation, we lay out the macro and market...