Danske Markets

Market Movers The calendar is very light in terms of data. A three-day meeting in Germany for G7 finance ministers and central bankers will start today and conclude with a press conference on...

The latest IMM data cover the week from 13 to 19 May 2015. Investors continued to liquidate USD longs and cover EUR shorts in the week ending 19 May, thus extending the tendency seen since late March...

Market Movers Focus will be on a number of US data that should at least to some degree confirm that growth is poised to rebound in Q2 on the back of a subdued Q1. Durable goods orders for March...

European credit indices ended the week a tad wider on the back of worrying signs from Greece that a default on the IMF-payment in June could be approaching. The iTraxx Main and Crossover-index ended...

This week the scorecard recommends buying NOK, GBP and AUD, while selling USD, CHF and NZD. Last week's signals resulted in a 2.1% gain. Especially the short NOK and EUR positions performed well,...

Market overview - Greece still in focus - Appreciation pressure on the DKK has eased - We still expect the Fed to hike rates in September Theme: when markets correct and liquidity dries up ...

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

Market movers ahead We expect US Q1 GDP growth to be revised lower over the coming week, due primarily to exports and inventories. We expect the underlying upward trend in the US housing market to...

The euro area recovery is taking a breather as boost from oil fades. US recovery is imminent. Tentative signs of bottoming in China. Moderate gains in stocks in coming months. Bond yields...

Bank of Japan (BoJ) as widely expected did not announce any new easing measures in connection with today's monetary meeting. The target for the annual expansion of the monetary base (the main policy...

Market Movers In the euro area the most important event today is the German Ifo sentiment for May. The German surveys so far released for May including yesterdays PMIs have been softer suggesting...

Time to position for lower rates at the short end of the curve Continued weak global inflationary pressure. Riksbank CPIF forecast wishful thinking? The Riksbank will have to do more. Q1 GDP on...

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...

In China the flash estimate for HSBC manufacturing PMI in May improved slightly to 49.1 (Consensus: 49.3, DBM: 48.7) from a final reading of 48.9 in April. The details were relatively strong with new...

Market Movers In the euro area flash PMIs for May will be out. We expect both the manufacturing and service PMI to have eased slightly in May, thus underscoring that GDP growth should also ease a...

The minutes from the April FOMC meeting show that the committee is having discussions on several important topics currently and that firm conclusions have so far not been reached. These include...