Danske Markets

Sell SGB1061 (Nov 2029) ASW @-56bp. Carry: -0.3bp/3M. P/L: -46/-63bp. In December 2017, the Riksbank (RB) provided a crude roadmap for normalising monetary policy (see below). After the hike in...

Market movers today Today, the April German Ifo data will give us the first indications of where German Q2 GDP growth is headed - indeed the Ifo is typically a more reliable leading indicator of GDP...

On Sunday, Spanish voters will head to the polls for the fourth time in eight years. A snap vote was called in February because Socialist party (PSOE) leader Sanchez failed to pass the 2019 budget...

The latest IMM data cover the week from 9 April to 16 April 2019 To read the entire report Please click on the pdf File Below..

EUR/NOK. Norges Bank stands out as the only G10 central bank hiking policy rates. With the outlook for hikes in both June and December this year, we think relative rates will become an increasingly...

Market movers today After a week of thin Easter trading, focus will be on the uptrend in oil prices (more below) and on news from the ongoing US-China trade talks; for more on our expectations of what...

The latest IMM data covers the week from 2 April to 9 April 2019 To read the entire report Please click on the pdf File Below..

Market movers today In the euro area, focus today is on the final March HICP figures, which will reveal how much of the fall in core inflation to 0.8% was driven by seasonal effects related to the...

Market movers today In Germany, focus is on the ZEW reading for April today , ahead of the important PMIs on Thursday. After a difficult start to the year, we already saw rays of light in the March...

Euro area manufacturing PMI has declined in eight consecutive months and on every release day of the flash estimate over this period EUR/USD has dropped. On Thursday, we look for another drop in the...

Market movers today After better-than-expected Chinese and euro area data triggered a sell-off in global bond markets on Friday, markets will pay close attention to a range of sentiment indicators ...

Today, I reflect on my trip to the IMF/World Bank spring meetings in Washington this week and highlight where our views differ from the Fund's.We expect global growth to pick up speed in Q2 supported...

Recovery signs continue as exports, car sales, credit and money growth all revive in March IMF lifts the 2019 growth forecast for China from 6.2% to 6.3% US and China clear an important roadblock in...

Market movers today It's a busy day today with lots of data and events. The ECB kicks of the action with its meeting and press conference at 14.30 CEST. We expect Draghi to repeat his 'delayed, not...

Market movers today Fears of a trade war between the US and Europe could reignite today after Trump's announcement yesterday that the US is proposing tariffs on EU goods worth USD11bn in response to...

In our view, a US-China trade deal is likely in H2 - and we expect it to be extensive.We look for a deal, among other things, to roll back tariffs to a large degree. Meanwhile, we see a 15% risk...