Danske Markets

In Sweden, the week ahead contains a few very interesting sets of data. First and foremost, we will study December industrial data (Thursday at 09:30 CET) closely. We will also receive PMI data...

Euro HICP inflation declined further into deflation in January, when it was -0.6% y/y down from -0.2% y/y in December. The deflation was mainly driven by negative energy price inflation due to the...

We are still positive on risk assets. Bond yields fall on pension demand but fundamentals point to higher yields in H2. More upside in the USD. Euro area seeing strong mix of tailwinds - more signs...

Market movers ahead There will be a lot of focus on Fed speeches over the coming week. None of the board members are scheduled to speak but we will have both doves (Narayana Kocherlakota, Eric...

Market overview Swiss central bank sends shock waves through the financial markets The ECB announces a large QE programme, exceeding expectations Oil prices have probably bottomed Interest rate...

CPI excluding fresh food in December eased to 2.5% y/y (consensus: 2.6% y/y, DBM: 2.5% y/y) driven largely by lower energy prices. CPI excluding Food & Energy in December was unchanged at 2.1% y/y...

Market movers today The new Greek prime minister Alexis Tsipras will meet with Jeroen Dijsselbloem who heads the euro-area finance minister group. The result of the meeting will be watched closely...

In our view, the sole factor that can get interest rates significantly higher is spelled:i-n-f-l-a-t-i-o-n.TradesProfit taken, earlier in the week we reached a set target and took profit in the...

Consider Marlon Brando’s famous scene in A Streetcar Named Desire. He is yelling at his wife Stella who is leaving him. “Stella, Hey Stella!” Brando Did not win an Oscar for this...

Market movers today Market focus continues to be on Greece and US earnings reports that have weighed a bit on risk appetite in the past days. On the data front, German inflation is expected to...

The FOMC statement had small tweaks to the language but the most important sentence - that the FOMC can be patient in beginning to normalize the stance of monetary policy - was repeated. This in...

The details of the announced QE programme were much clearer than we are used to when the ECB launches new measures (see Draghi Delivers: ECB's bazooka in detail and market implications , 23 January....

Our latest yield forecast included two rate cuts of 10 basis points (bp) in the coming year from Danmarks Nationalbank (DN). We got them and more last week, as DN cut the certificate of deposit rate...

Market movers today The main event will be the FOMC statement tonight. There will be no press conference or new projections, so focus will be on the tone of the statement. We expect only small...

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...

New research from Danske Bank Markets The Office of National Statistics just released the first estimate of UK Q4 GDP growth. The figures show that the UK economy expanded by 0.5% q/q (2.7% y/y). It...