Danske Markets

Market movers today ECB: Accounts of the monetary policy meeting of the Governing Council held on 4 and 5 March are published. US initial jobless claims and factory orders for February. Focus is...

China's official manufacturing PMI published by the National Bureau of Statistics (NBS) in March improved slightly to 50.1 (Consensus: 49.7, DBM 49.5) from 49.9 in February. The HSBC/Markit...

Market movers today In Europe focus will be on manufacturing PMIs for March. In the euro area the most interesting will be the fast estimates for Italy's and Spain's. In both cases we expect a...

The tone in the credit markets shifted a little bit last week and the Nordic credit markets were more or less stable following some soft weeks. The iTraxx Crossover index spread was marginally tighter...

Euro deflation eased in March as the flash estimate for HICP inflation increased to -0.1% y/y from -0.3% y/y in February. The HICP inflation print was in line with consensus expectations, but core...

Danish financial institution Nykredit made headlines by stating that the new rules discussed by the Basel Committee are likely to cut Nykredits capital ratio in half.To Read the Entire Report Please...

Market movers today The preliminary German inflation data have not changed our view that euro-area HICP inflation released today will increase slightly to -0.1% y/y in March from -0.3% y/y in...

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 17 March to 24 March 2015. • IMM positioning data released on Friday revealed that speculators are again looking for renewed EUR weakness. In fact, with...

This week the scorecard recommends buying CAD, NZD and AUD, while selling CHF, SEK and EUR. Last week's signals resulted in a 0.1% loss. Especially the short CHF position was expensive. Year-to-date...

Janet Yellen's speech on policy normalisation late Friday evening repeated many of the messages from the March FOMC meeting, see Highlights from Fed Chair Yellen's speech, 29 March.. Yellen repeated...

In Sweden, the two weeks ahead contain quite a few interesting sets of data, inter alia industrial orders and production and the National Accounts adjusted household consumption indicator. Other data...

We expect the Riksbank to lower the repo rate to -0.3% and expand the QE programme by another SEK30bn within three months on a combination of uncomfortably low inflation, inflation expectations and...

Fed Chair Janet Yellen delivered her speech on policy normalisation at the San Francisco Fed conference Friday evening. The speech repeated many of the messages from the press conference following the...

Market movers ahead The US employment report is released on Good Friday. Following a run of months with very strong job gains we expect the pace of labour market improvement to moderate but remain...

SNB to fight CHF strength with all means, possibly incl. QE Trust the ‘SNB put’: won’t allow dips much below 1.05 in EUR/CHF We buy EUR/CHF spot for a 1.1000 target, stop at 1.0250...