Danske Markets

The upcoming general election in the UK on 7 May is likely to be a source of GBP weakness and volatility. Polls have been relatively stable suggesting that the election is unusually open and there is...

'• UK election on 7 May to be a source of GBP weakness • We expect USD to outperform supported by better economic data • Sell GBP/USD for a 1.42 target on UK election and relative rates...

This week the scorecard recommends buying AUD, USD and JPY, while selling NOK, CHF and GBP. Last week's signals resulted in a 0.7% gain. Especially the long EUR and CAD performed well, while the...

In Sweden, the week ahead contains only the labour force survey where we expect another lacklustre outcome demonstrating still high unemployment rates and softer employment growth. We expect decent...

Peoples Bank of China (PBoC) on Sunday announced that the reserve requirement ratio (RRR) for commercial banks will be cut by 100bp effective from 20 April. For large commercial banks the RRR will now...

Market movers today With very little news on the agenda today, Greece is likely to remain in focus. New York Fed President Dudley will speak on the economy and monetary policy this afternoon and...

Review International rates - more spread widening between EUR/USD European government bond yields have continued to fall as the ECB purchase programme continues unabated. The programme has...

Market movers ahead In the US, we expect a rebound in key non-defence durable goods orders ex. aircraft. US Markit PMI remains at an elevated level and we expect a correction. Euro area PMIs are...

We believe we are at a low point in the global business cycle. US growth to recover from here. Stock markets playing recovery. Fed members still signal hike in June-September window. German yields...

The UK labour market statistics released today show that the labour market continued to improve. The unemployment rate (3M (NYSE:MMM)) declined from 5.7% in January to 5.6% in February (Danske Bank:...

Market Movers It is CPI day today with the release of CPI inflation for March in both the euro area and the US. Euro-area inflation is not that exciting as we already have the Flash estimate. The...

Finland holds parliamentary elections on 19th April 2015. The election is of high significance, because the new government will inherit a weak economy, growing debt and a need to implement several...

Market movers today A fairly quiet day on the data front with no major releases in Europe. Housing starts and jobless claims are due in the US. Housing starts should see a big rebound following a...

ECB president Draghi had a slightly dovish stance at today's ECB meeting where the most important message was 'the QE programme must be fully implemented to work' . Added to this, Draghi ended the...

Nordea Hypotek is set to introduce a new long covered bond (NDH5531) that will mature on 8 April 2022. The coupon rate is set to 1% and the ISIN code is SE0006991246. The loan will be introduced in...

EUR/NOK has moved sharply lower over the past week. The main drivers behind the move are the recovering oil price, a repricing of short-term Norges Bank monetary policy, the long-end NOK-EUR rates...