Danske Markets

Market Movers Today There's a lot of US data on the agenda today. US durable goods orders are expected to show a decent increase following some softness in the past couple of months. Keep an eye on...

IMM data released last Friday revealed that investors for the third consecutive week reduced their aggregate USD exposure. The report showed that in the week to 16 December speculators reduced their...

This week the scorecard recommends buying SEK, EUR and GBP while selling NOK, CAD and USD. Last week's signals resulted in a 0.5% gain. Especially the short SEK, AUDD and JPY positions performed...

Market movers today A very quiet day on the data front with US existing home sales and euro consumer confidence as main releases. US existing home sales are expected to fall slightly in November to...

Market movers aheadWe expect the focus to remain on Oil price development and Russia over the coming weeks. In the US, we estimate PCE core inflation was 1.5% y/y in November: The labour market report...

Last week in Strategy: Correction mode (12 December), we highlighted that risk markets were in correction mode after a strong rally from mid-October to early December. A decline in risk assets is not...

In our view, the continued decline in the oil price should result in negative euro inflation in December and we now forecast it will remain negative until Q4 15. This implies that average inflation...

A volatile week for all asset classes, not least credit We published our Credit Outlook for 2015 Two new trade idea: SASSS '17 outright and ATCOA maturity extension Our weekly publication has a...

Market movers today In terms of data releases we have a quiet day ahead of us. German GfK consumer confidence should continue to trend higher supported by the lower oil price and improvements in the...

The National Institute of Economic Research (NIER) somewhat unexpectedly cut growth estimates for Sweden quite aggressively in a report released today. The forecast headline is 'Weak euro area hampers...

We expect the current slide in oil prices to continue until we see producers starting to adjust to the lower prices by lowering output around mid next year. Based on the difference in crude oil...

In the final edition of Reading the Markets Sweden for this year, we list all the closed recommendations that we opened in 2014. See pages 4-6 of this document. In all, there are 32 recommendations...

Market movers today The German IFO expectations are due for release and we look for another positive surprise. In line with the ZEW expectations the IFO expectations bottomed in October and if the...

Overall, the combined statement, updated projections and in particular Fed Chair Yellen’s comments at the press conference leave a more hawkish feel than in October. The key take away is that...

The Danish DMO plans issuance of DKK75bn in domestic bonds, DKK30bn in treasury bills and consequently a draw of DKK30bn on the government's deposits to meet the DKK135bn total domestic financing need...

Market movers today At the meeting today, we expect the FOMC to remove considerable time from the statement, which should put upward pressure on short US rates and support the USD. The FOMC is likely...