Danske Markets

We no longer expect the Bank of Japan (BoJ) to announce any new easing measures in connection with its meeting on 31 October. The main arguments for our new view are as follows. First, there has not...

Large GDP revisions next week. Inflationary impact in 2015 of political parties' proposals. Reduce duration in portfolio. Time for 5s10s to flatten - SGBi3019s versus 10Y Bunds offer...

Bank of Rossii: to hike or not to hike Russia's central bank will announce its decision regarding the key rates on Friday 12 September at 11:30 CET. Like consensus, we expected rates to remain...

The USD/JPY has recently broken the early 2014 high of 105.50 and is now back to 2008 levels. The upside break of the post global financial crisis high is important, both fundamentally and technically...

We no longer expect Bank of Japan (BoJ) to ease further in 2014. First , there just haven't been enough movement in BoJ's communication in a more dovish direction in the past month Second , the recent...

Market movers today A light data calendar again. Focus will continue to be on polls in connection with the independence vote in Scotland next week and the sustainability of the ceasefire in eastern...

Market movers today With a very light data calendar again today, focus will be on the sustainability of the ceasefire in eastern Ukraine and polls on the Scottish independence vote in the UK. In...

Market movers today Attention will continue to be on the development in eastern Ukraine where the fragile ceasefire so far seems to hold. Opinion polls on the Scottish Independence vote will also...

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...

Ireland's Finance Minister Michael Noonan is this week touring Europe in order to gather support for an early repayment of the IMF loan of EUR22bn (see The Irish Times). Noonan also stated last week...

IMM data released last Friday revealed that investors for the third consecutive week added bearish EUR builds. The move in the EUR has sent non-commercial positioning in the single currency to the 4th...

This week the scorecard recommends buying SEK, JPY and NOK, while selling GBP, EUR and USD.Last week's signals resulted in a 0.25% gain. Especially the short EUR position performed well, while the...

Market movers today On a day with no real market movers focus will be on developments in Ukraine and the markets will further digest Friday's job report and Fed comments and the new ECB measures...

In Sweden, we believe that CPIF inflation will drop a tenth below the Riksbank's new forecast to 0.4% y/y. However, if we are wrong about clothing and airline tickets, the outcome will most likely...

The US job report was much weaker than expected showing a gain of only 142,000 (consensus 230,000, Danske 260,000) and net revisions of -28,000. The household survey was also weak. Unemployment...

Christmas arrived early this year with the ECB’s package of measures to stimulate growth and lift inflation. The ECB surprised by cutting interest rates further as well as starting a program of...