Danske Markets

Market movers today We expect US retail sales to have increased 0.2% m/m in February after declining 0.8% in January. Gasoline prices ground higher in February, which boosted nominal sales, while...

The latest positive surprises in euro area figures imply that we lift our already above consensus GDP growth forecast from 1.5% to 1.6% in 2015 and from 2.0% to 2.1% in 2016 (consensus 1.2% and 1.6%,...

Since Friday morning the NOK has weakened roughly 1.5% vis-à-vis its European counterpart. The move is significant as the ECB started its bond purchase programme on Monday, which has sparked a...

So now we have the latest inflation data (February) and Prospera inflation survey data. CPIF inflation, which is the policy guiding measure, came in at 0.86% y/y versus a Riksbank forecast of 0.74%...

Chinese data for January and February released this morning was markedly weaker than we expected across the board. Data for industrial production, fixed asset investment and retail sales for January...

• We lower our target on short EUR/USD to 1.00 from 1.05 • EUR/USD to undershoot near-term on ECB ‘hot potato’, Fed • We are reviewing our EUR/USD forecasts Strategy We...

We see value in positioning for higher inflation especially after the oil price has stabilised and as positive base effects will support inflation in end-2015. The current market based inflation...

Euro leading indicators continue to improve whereas US has softened. Japan is recovering and China shows tentative signs of bottoming. Looking ahead, we expect further recovery and a rise in PMIs in...

A continuation of strong credit markets. Peripheral government yields and corporate spreads tighten in anticipation of QE. Strong unemployment numbers in US push yields wider and strengthen the...

On the back of significant underperformance of the SEK 10Y segment and higher SEK volatility levels, we suggest: Selling a 6m10Y SEK payer swaption with strike ATMF (1.25%), and buying a EUR 6m10Y...

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 strong positive momentum in High Yield credits year-to-date was again evidenced last week. The iTraxx Crossover tightened by some 4bp on the back of ECB publication of QE details and strong equity...

Market movers today The US NFIB optimism index finally broke higher in the last few months of 2014 and February data are released today. Of particular interest are the sub-indices on wages and...

Tim Cook is stealing the day with his new fangled products and slick presentations. Everyone is paying attention. But if you can turn your head away for a minute, just a glance, not that long, there...

The latest IMM data covers the week from 24 February to 3 March 2015 . IMM positioning data released on Friday revealed that speculators slashed net EUR shorts last week , completing a three-week...

This week the scorecard recommends buying NOK, CHF and EUR, and selling JPY, USD and GBP (see suggested weights in portfolio in table below). Last week's signals resulted in a 1.6% loss. The long...