Danske Markets

On Thursday 13 and Friday 14 November, the SNDO will offer switch auctions, buying back a total of SEK14.4bn in SGB1052 (March 2019) and selling SEK10bn of SGB1047 (December 2020). The switches are...

Over the past month, we have been wrong on the NOK as oil prices and Norwegian macro data have softened more than we had anticipated. Hence, we are reviewing our NOK outlook and strategy. Downside...

Market movers today It is a very quiet day on the data front with most important news coming out of Sweden. Swedish inflation is expected to have remained low in October and is likely to print...

This week the G10 FX Financial Scorecard recommends buying AUD, JPY and NZD while selling EUR, SEK and CHF. Last week's signals resulted in a 0.5% loss. In particular, the long AUD and JPY positions...

• USD to outperform on relative monetary policy and growth • Weak Swiss data has increased the likelihood of an SNB rate cut • From a risk/reward perspective, we prefer USD/CHF to...

The latest IMM data covers the week from 28 October to 4 November 2014. IMM data released last Friday revealed that for the fifth consecutive week investors added bearish EUR positions, sending...

Market movers today The main release will be the Fed's Labour Market Conditions Index that it began publishing last month. The reading for the past few months was on the soft side but this did not...

In Sweden inflation data for October are released. Our assessment is the same as the markets, that is, an outcome one tenth below the Riksbank's forecasts for CPI and CPIF. Minutes from the latest...

Market movers ahead In the euro area, we estimate GDP was been flat in Q3, underscoring considerable loss of momentum. We expect Italy to slide into recession and Germany appears to have only just...

The US employment report was a slight disappointment on the surface, not least against fairly upbeat market expectations, but it is actually quite a strong report. First, although non-farm payrolls...

Following the turmoil in mid-October financial markets have calmed down and settled in muddling along mode. US assets have performed sharply, while the rebound has been weaker in European and emerging...

Headlines• ECB confirms its target for asset buying plans. • Further rouble weakness. • Electrolux (ST:ELUXa) downgraded by S&P. Market commentary European credit indices have seen...

Long or short - some arguments. Is the Sweden 10-Year segment trading cheap on a relative basis? Currency floors and the Swedish krona. To Read the Entire Report Please Click on the pdf File...

ECB's dovish statement yesterday added to the downward pressure on EUR/DKK, which dropped below 7.4400 for the first time since 2012. It thus increases the pressure on Danmarks National Bank (DN) to...

Market MoversIn the US we expect another strong labour market report for October this afternoon, despite some signs that growth has started to lose some momentum lately, see US Labour Market Monitor:...

Market movers today We expect the ECB to remain in wait-and-see mode at today's meeting, as the impact of the latest easing measures is assessed, see ECB Preview: Waiting for the impact of the...