Danske Markets

Waiting for....what?What should we expect concerning inflation and the outlook? Covered bonds have underperformed other credit bonds. To Read the Entire Report Please Click on the pdf File Below

The oil price has dropped 7% since last Thursday and is still trading below USD60/bbl, which is the lowest level since April. Related to this, market-based inflation expectations are lower reflecting...

EUR/NOK has spiked significantly higher in move resembling the Dec 14 sell-offOur short-term financial model explains only 60% of the move. This suggests that the remaining 40% is due to an increased...

Market Movers The Chinese stock market has - at least temporarily - replaced Greece as the main driver of risk sentiment. Risk sentiment today will largely be determined by how successful the Chinese...

The minutes of the 15-16 June FOMC meeting confirmed the divergence that we saw in the FOMC projections and the strange disconnect between the relatively upbeat FOMC statement and Chair Yellen's...

The Greek 'No' sent EUR crosses lower but the initial move has already partly reversed. We see two main reasons for the limited reaction in the FX market: (1) should a Grexit materialise it would not...

Market Movers The continued drop in Chinese stocks now adds to negative risk sentiment globally and will be the major focus in financial markets in addition to Greece. Regarding Greece, Eurogroup...

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...

We have been stopped out of our short EUR/NOK positionNorges Bank, Greece risk-off and oil drop cause spike higher NOK remains cheap but we prefer to stay on the sideline for now Unforeseen perfect...

Market Movers Greece remains the main focus. Eurogroup finance ministers are scheduled to meet at 13:00 CET to prepare for the euro-area leaders' summit scheduled to start at 18:00 CET. Key focus at...

We attribute the recent downwards trend in oil and base metal prices to the Greek No vote, Chinese economic weakness and a looming Iran nuclear deal.We look for the trend to turn in H2 this year on...

The latest IMM data covers the week from 23 June to 30 June 2015 .IMM positioning data released on Friday revealed the change in positioning following the announcement of the Greek referendum (on 27...

This week the scorecard recommends buying NOK, SEK and CAD while selling EUR, NZD and JPY ( see suggested weights in portfolio in table below ).This week's suggestion of buying NOK and SEK derives...

Please click link to read important information about future research subscription Read more On Monday 6 July, Danske Bank Markets will host a conference call for clients to discuss scenarios for...

Market Movers Focus will be on Greece after the Greek population yesterday rejected the creditors' austerity programme in connection with the referendum, see Grexit - what if? Greek population...

61.3% of the Greek population voted 'No' to the Institutions' proposal, implying we are now one step closer to a Grexit. We see two scenarios from here and in both cases uncertainty will remain high...