Danske Markets

Market movers today There are no significant economic releases today, so focus will be on political events , and most notably the signals from the US and Chinese sides in the ongoing trade talks ahead...

Market Movers aheadWe expect euro area manufacturing PMI to decline marginally on the back of weak new orders and political risk. We will be looking to German Ifo figures for signs of a rebound,...

January inflation with upside risk.Potentially some more bond supply. End of mandate for FX intervention could point to an end to QE purchases as well - we reiterate our call for 3Y-10Y steepeners. ?...

Market movers today We expect markets to stay alert to news from Beijing , as high-level trade talks continue. According to Chinese media, US representatives Steven Mnuchin and Robert Lighthizer will...

Market movers today Key focus remains on trade negotiations between the US and China as two days of high level talks have started in Beijing today. Focus at these meetings are on how to enforce a...

The next three months: What would drive up bond yields?China growth concerns, Brexit concerns, fears of a trade war and specific production issues in the German car industry due to new environmental...

Market movers today Key focus in Scandi will be on the Riksbank meeting . We do not expect the Riksbank to make any changes to the repo rate or the repo rate path but would not be surprised to see a...

Market movers today Today is relatively quiet in terms of market moving events, with the main one being US Fed Chair Jerome Powell's speech tonight. While the Fed is very explicitly patient in raising...

EUR/NOK. Once again, the NOK got off to a strong start to the year, as year-end underperformance was followed by year-start over performance amid investors returning to the market and global risk...

Implied vol. in the Scandi crosses picked up last week along with a general increase in FX vol. As such, impl. vol. remains in cheap territory and we still see value in adding long NOK/SEK by buying...

Market movers today This week we have a number of important events ahead of us. In the US-China trade talks , US representatives Mnuchin and Lighthizer arrived in Beijing today for negotiations. Lower...

Market Movers aheadUS-China trade talks will continue next week when Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer travel to Beijing early next week. While Trump has...

Donald Trump has changed his mind on Xi Jinping meeting after warnings from his advisers. Steven Mnuchin says his team is putting in an enormous effort to meet the deadline and China has made more...

TLTRO is not a done deal as the ECB needs a monetary policy justification to conduct another round. Such arguments are not straightforward to find. Consequently, we change our call and no longer...

Riksbank in wait-and-see mode.Long dated ASW spreads could be under tightening pressure but entry levels are unattractive. Risk on sell SEK but it is beginning to look stretched. Trades Profit taken,...

Market movers today A quiet day on the data front, but markets will keep an eye on the Brexit headlines. Italian markets already sold off yesterday, after the European Commission slashed its annual...