Danske Markets

We expect the Riksbank is likely to cut the repo rate this week. We would also not be surprised to see something more/else, with the most likely course of action being a downside premium in addition...

Market movers ahead We expect the Fed to announce tapering next week, but also to balance it with strong forward guidance to anchor bond yields. In Sweden, subdued inflation has paved the way for a...

Headlines: Primary market activity slowing with year-end approaching. Danske Bank upgraded to Positive Outlook by Moody’s. Introduction of the European single resolution...

Market movers today ECB Vice President Vito Constancio, ECB chief economist Peter Praet, and ECB board member Bernoit Coeuré are all scheduled to speak today. It will be interesting to hear...

The Riksbank is likely to cut both the repo rate and the path next week, possibly indicating a downside risk to the latter. Inflation is far below its forecast, international disinflationary pressures...

Three EMEA FX top trades Earlier this week we published our FX Top Trades for 2014. Among our 10 top trades three were EMEA FX trades. In general we think that the need for further monetary easing,...

The Mexican congress on Thursday approved a bill which will end 75 years of state monopoly over Mexican oil production. The aim of the deal is to reverse an eight-year trend of declining oil...

ECB-president Mario Draghi will speak before the European Parliament in connection with a discussion of ECB's annual rapport. There could be downside risk to euro area industrial production for...

Market movers today In Italy, Prime Minister Enrico Letta will present his new government's programme ahead of a confidence vote in the Lower House and Senate. The government should be able to...

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...

Receive 7Y versus pay 2Y, 1Y forward in USD3M swaps Open ½ position at 193.5bp with the possibility of another ½ position at 210bp Levels: target at 160bp, stop at 225bp, roll: +7bp in...

In connection with the ECOFIN meeting EU finance ministers are expected to continue yesterday's euro-group negotiations about a resolution mechanism for failed banks. Progress has been made (see...

This week the scorecard recommends buying JPY, NOK, GBP while selling AUD, CHF, NZD. Again, this week the scorecard recommends buying JPY as the sell-off continued last week. 1M USD/JPY 25 delta...

One positive supply shock, four implications, and 10 FX trades: For the fifth time, we present our year-end FX Top Trades for the coming year. This year's trade ideas are based on the view that the...

Banking union is expected to top the agenda at today's euro group finance minister meeting, where an agreement on a single resolution mechanism for failing banks remains the main stumbling block. It...

Swedish November inflation data are published on Thursday. We expect a slight tightening of the deviation from the Riksbank's latest CPIF forecast from 0.4pp to 0.3pp. Nonetheless, risks are to the...