Danske Markets

Market Movers In the euro area the main release today is euro area industrial production for June. We expect it to have contracted for the second month in a row, underscoring the considerable loss of...

During last week's trading, European credit indices widened, albeit at a fairly subdued pace. The index for European investment grade credits (iTraxx main) ended up trading at around 65bp on Friday,...

Market Movers An agreement between Greece and the creditor institutions on a 3-year rescue programme for the country may be reached as soon as today. If an agreement is reached today, it will go for...

A quantitative run through of the Swedish fixed income market, starting with the Riksbank and money markets before moving on to government and mortgage bonds. To Read the Entire Report Please Click on...

The latest IMM data covers the week from 28 July to 4 August 2015.IMM positioning data released on Friday reveal a continuation in the buildup of speculative long USD positions. Last week marked the...

This week the scorecard recommends buying CHF, AUD and GBP while selling JPY, EUR and CAD (see suggested weights in portfolio in table below).Last week's signals resulted in a 0.8% loss. The long SEK...

In Sweden , we expect July inflation (due Thursday) to be scrutinised by markets and the Riksbank alike. On the back of additional stimulus from lower energy prices, we estimate CPIF inflation...

Market MoversThe only release of interest in the global calendar today is Sentix investor confidence. The figure increased slightly in July and we look for a bigger increase this time due to the...

In Sweden , the week ahead is full of interesting new information and tension is likely to build during the week, culminating in Q1 15 GDP (Friday at 09:30 CEST), for which we pencil in an outcome of...

The US labour market report for July was solid and broadly in line with our expectation, with 215,000 new jobs added to employment in July. Net revisions to the two previous months were positive at...

Market movers ahead In the US the focus next week will be on consumer spending. Private consumption should improve going forward and be the main driver of GDP growth. US PPI and import prices will...

Gasoline prices have been resilient to the oil price drop resulting in a modest impact on consumers.Fed's Lockhart provided a hawkish shift in Fed rhetoric which supports our call for a September...

Market Movers Today all eyes will be on the US labour market report for July. We expect non-farm payrolls to increase by 210,000. This is slightly below the past three-month job growth of just above...

Today's announcement from Bank of England was more dovish than expected. The split vote was 8-1 (Danske Bank: 7-2, consensus: 7-2).The lower oil price and stronger sterling are the main reasons why...

Market Movers The main event today is the Bank of England (BOE) meeting, which we expect to be the first step towards the beginning of new hiking cycle. We expect the Monetary Policy Committee (MPC)...

Danish FX reserves dropped DKK43.0bn to DKK583.2bn in July on the back of DKK40.2bn in FX intervention by Danmarks Nationalbank.Since April, FX intervention has totalled DKK142.6bn. We expect the...