Danske Markets

The stance at the latest ECB meeting was surprisingly dovish and according to Draghi, the ECB is open to a whole menu of monetary policy instruments. We now expect the ECB to cut the deposit rate and...

This week the G10 FX Financial Scorecard recommends buying NOK, USD and AUD while selling JPY, GBP and EUR.Last week's signals resulted in a minor loss of less than 0.05%. In particular, the long NOK...

The latest IMM data covers the week from 20 October to 27 October 2015. As the IMM positioning report is published three days after the point of data collection there is always some degree of lag...

The October ISM manufacturing and non-manufacturing surveys will be in focus today. The order-inventory balance suggests that we could see further weakness in the manufacturing ISM in October and on...

Chinese PMI manufacturing for October showed clear signs of bottoming. This underpins our view that China has hit the cyclical trough. We expect further improvement in the coming months, which should...

In Sweden, the week ahead will reveal important pieces of the GDP Q3 puzzle as industrial production and orders are published (Thursday at 09.30 CET), and we expect it to confirm the impressions of a...

FX Quant Strategy provides a quantitative overview of the currency market, including several valuation tools and monitors, focusing on the FX options market.This week we recommend two FX option...

Market movers ahead We estimate that US job growth increased to 170,000. Any signs that wages are starting to accelerate would strengthen the case for a near-term fed funds rate hike. ISM...

A calendar of key events in the Commodities Market for the week ahead.To Read the Entire Report Please Click on the pdf File Below

Fed sends a clear signal to markets: a hike at the December FOMC meeting should not be ruled out. We continue to look for the first rate hike in January.Chinese manufacturing set to bottom and fear of...

In contrast with our expectations, the Bank of Japan (BoJ) kept its monetary policy unchanged at its 29-30 October meeting. In all, the BoJ continues to express a relatively complacent stance on...

The so-called Fifth Plenary Session of the 18th Communist Party of China (CPC) Central Committee running this week concluded yesterday, with a communiqué by president Xi Jinping approved by the...

ECB to ease in DecemberUS rates to trend higher Lock in rates on EUR 10Y+ maturities with spot start Hedge NOK-income via options To Read the Entire Report Please Click on the pdf File Below

Market Movers Today it is time for the euro area HICP inflation numbers for October. After the drop back into deflation territory in September, we expect the figure to reverse back into inflation and...

BoJ keeps monetary policy unchanged and hints of more easingUSD/JPY to remain supported by Fed tightening cycle We expect volatility increase and take profit on long USD/JPY To Read the Entire Report...

We still expect relative monetary policy to send USD/JPY higher.BoJ to ease monetary policy tomorrow, but it is a close call. We prefer to protect profits by raising our stop-loss and target. To Read...