Danske Markets

Data out of US and China points to global re-acceleration in Q2 Euro area data points to upside risks to growth We remain cautious on stocks but constructive on credit Rising upward pressure on bond...

German IFO expectations are due for release. We expect a decline for a third consecutive month although the level is set to remain high. The current assessment component is likely to continue to...

We expect most euro-area periphery countries to continue to show positive GDP growth. Survey data are at relatively high levels and the improvement is also seen in hard data, where industrial...

In this week's auction of SEK1bn, the June 2022 bond, SGBi3108, will be tapped. Since the last auction at the beginning of this month, short-end linkers have suffered somewhat after the...

Today focus will be on global PMIs. We forecast euro manufacturing PMI to decline slightly after it peaked at 54.0 in January. The development in the order-inventory balance does not point to further...

Inflation outlook Euro inflation declined to a new cycle low of 0.5% in March. This is the lowest rate of inflation in more than four years and far below the ECB’s 2% target. In the coming...

This week the scorecard recommends buying the NOK, CHF and CAD, while selling the USD, EUR and GBP. Last week's sell-off in the NOK seems overdone according to the model and thus this week the...

Focus will be on the situation in Ukraine again after the international agreement to avert wider conflict in Ukraine faltered on Monday. Today US Vice President Joe Biden meets with Ukrainian Acting...

Market movers today Focus will remain on the tense geopolitical situation in Ukraine. In the euro-zone the German IFO numbers are due for release. We expect a slight improvement and it will be...

Geopolitical risks linger but not all bad Events in Ukraine and in particular Eastern Ukraine are deeply worrying and we have been arguing for some time that markets in general have been too...

How much will inflation rebound in April? The only threat to a rate cut in July is a hefty rebound in inflation - hedge with BEIs. The supply outlook for covered bonds is becoming clearer but...

The nickel price has rallied more than 20% since late February and significantly outperformed other base metals over this period. The sharp price increase is mainly due to supply concerns which we...

Market movers today Focus continues to be on the developments in Ukraine after authorities in Kiev announced the start of an 'anti-terrorist operation' against pro-Russian separatists. In Europe...

Review Interest rates have moved sideways over the past month as the outlook is unchanged. The ECB has a clear easing bias but so far only delivered verbal intervention in 2014. The Fed is not...

Market movers today Focus will continue to be on the geopolitical developments in Ukraine. In addition, the Q1 reporting season speeds up with among others Intel Corporation (NASDAQ:INTC), Yahoo! Inc...

Market movers today The geopolitical situation in Ukraine will probably be the main focus after deadly clashes on Sunday in eastern Ukraine and the Ukrainian government's announcement that it will...