Danske Markets

We expect the ECB to remain on hold in December as it waits for the take-up at the TLTRO auction in mid-December. Nevertheless, we expect Draghi to sound as dovish as he can without actually easing. ...

The US ISM manufacturing index surprised once again in November. We had expected the ISM to move more in line with real economic data. Instead, the index held almost unchanged at 58.7 only marginally...

The US ISM manufacturing index surprised once again in November. We had expected the ISM to move more in line with real economic data. Instead, the index held almost unchanged at 58.7 only marginally...

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...

This week the scorecard recommends buying JPY, NOK and NZD, while selling SEK, EUR and CHF. Last week's signals resulted in a 0.4% loss. Especially the short AUD position was expensive. Year-to-date...

China's official manufacturing PMI in November declined to 50.3 (consensus: 50.5, DBM: 50.6) from 50.8 in October. The details were relatively weak with new orders declining to 50.9 from 51.6 and...

Market movers today In Europe focus will be on the manufacturing PMIs for November. The most interesting will be the first estimates for the manufacturing PMIs in the peripheral countries. The...

On Wednesday 3 December, the Swedish Riksdag will vote on the budget bill. The Sweden Democrats (SD) have so far refused to declare how they will vote - abstain, or support the opposition's...

Market movers ahead We expect the ECB to remain on hold and we believe Mario Draghi to sound as dovish as he can without actually easing. We expect more easing in 2015. The US November employment...

Oil prices took another nosedive on Thursday on the news that OPEC had refrained from cutting current oil production despite the recent decline in oil prices. The Brent oil price plunged below...

Euro inflation declined back to 0.3% y/y in November after 0.4% y/y in October. The latest decline in oil prices means that we currently expect inflation to decline to 0.1% y/y in December. That is...

The Swedish trade balance surplus has evaporated. Adjusted for prices, netforeign trade remains a drag on GDP.Short mortgage bonds slow to perform – we had expected a bounce.Portfolio...

Market movers today In the euro area the flash estimate for HICP inflation in November is released and we expect it to decline back to this cycle's low of 0.3% y/y in November. Falling energy prices...

On 26 November, Russia's central bank governor Elvira Nabiullina gave a dovish speech. Speaking to Russia's senate, she signalled clearly that the regulator is ready to ease its monetary stance from...

M3 money supply in the euro area was weaker than expected as the growth rate was unchanged at 2.5% in October (consensus 2.6%, Danske 2.8%). Nevertheless, the rate of increase is still the highest...

Market movers today US markets are closed due to Thanksgiving. The OPEC meets in Vienna today. Whether or not it will cut its output target to curb the downward pressure on oil prices looks to be...