Danske Markets

The latest IMM data covers the week from 11 to 18 March 2014. IMM data released on Friday showed the largest build in non-commercial net EUR longs since September 2013, and speculators have not been...

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

In Sweden, the week ahead has infinitely more on the agenda than the quiet past week. NIER publishes new consumer and business confidence surveys (Wednesday, 09:00 CET) as well as a new forecast...

Market Movers AheadUS activity data next week will provide some early information about how much of the recent slowdown that can be attributed to the weather. In Europe , the German CPI data will be...

The lack of action from Danmarks Nationalbank over the recent period of krone weakening could be a subtle indication that the reaction function of Danmarks Nationalbank has changed under the new...

Market movers today On a very quiet day on the data front, markets will continue to digest the news over the week with a surprisingly hawkish Fed and new sanctions on the way against Russia from the...

It is probably no news that we expect a relatively slow rise in inflation going forward and that the repo rate path (Riksbank) must be adjusted down partially in order to avoid the risk of SEK...

Russia remains headache for the EMEA If 2013 was a very challenging year for emerging markets, 2014 has been even worse. Two topics have dominated the agenda. First, the continued slowdown in Chinese...

The US Philadelphia Fed survey is expected to rebound in March following the sharp drop in February. The results will give further input as to how much activity is coming back and hence how much of...

We are closing down a few trades from December’s FX Top Trades 2014: How to position for the coming year (9 December 2013), a recent trade on CAD, as well as a long-standing call for...

The key event today will be the Fed announcement and new projections at 19:00 followed by Janet Yellen's debut as host of the press conference at 19:30. We expect the Fed to taper its assets purchases...

It is that time of the year again. iTraxx indices are scheduled to roll to a new series tomorrow and we are now up to series 21. Overall, the most important change is the number of constituents in...

Since New Year, the FX market has kept focus on Chinese growth worries, geopolitical risks, ECB (in-)action and a possible Fed tapering pause. While China and recently Ukraine risks have hit risk...

The recent default of Chaori Solar (on a corporate bond coupon payment) and the apparent default of property developer Zhejiang Xingrun Real Estate (on bank debt) have so far been relatively modest...

Focus continues to be on developments in the Ukraine/Russia conflict where the outcome is still unclear. Unless we see an escalation markets may lose interest soon, though, and focus on other things. ...

The latest IMM data covers the week from 4 to 11 March 2014. IMM data released last Friday showed that speculators added net EUR longs for the fifth consecutive week. The move this week reflects both...