Danske Markets

Risk assets have performed very well over the past year. Stock markets have rallied, and many markets have reached new highs this week. Spread compression has also continued, taking both peripheral...

Market Movers TodayMain focus will be preliminary euro area inflation for November. Following higher-than-expected inflation in Spain and Germany we now look for inflation in November to reach 1.0%...

In this presentation we take a closer look at the Spanish economy and prospects for recovery. We see upside risks to GDP growth forecasts for the coming years as significant headwinds have eased...

Next week, the Polish central bank’s (NBP) monetary policy council (RPP) will meet to come to a rate decision. The consensus expectation is that the RPP will decide to keep interest rates on...

In October Danish investors net purchased foreign shares and net sold foreign bonds. Foreign investors net purchased Danish bonds, in particular treasury bills and mortgage bonds. Consequently, the...

Euro area M3 growth declined from 2.1% in September to just 1.4% in October - well below consensus expectations of 1.7%. The continued decline in M3 growth should ring an alarm bell at the ECB. M1...

The job report in the US should confirm that the labour market is recovering and we estimate non-farm payrolls increased by 190,000 in November. We expect the ECB to ease again but, in our view, the...

Activity in Nordic local currency markets is good. S&P takes positive rating action on European corporates. Danish government proposal to alleviate mortgage bond refinancing risk is finalised. ...

Market movers today Germany releases the first inflation data for November. The annual inflation rate (HICP) is expected to rise slightly to 1.4% (consensus 1.3%) from 1.2% in October. We do not...

The remaining 50% on our long NOK/SEK stopped out at entry. The total profit booked on this trade is 0.55%.To Read the Entire Report Please Click on the pdf File Below.

This year’s transfer of pension money will take place over the weekend 7-8 December, with the first trading day being 9 December. The exact amount will be announced later this week according to...

Currencies The euro (EUR) volatility picked up over the last 24 hours with the single currency moving above 1.3597 against the dollar before crashing to 1.3575. The euro, which has been on the rise...

US durable goods orders will give info on whether US investment spending will pick up soon. Capex has been very weak in recent quarters but we expect it to increase in coming quarters. The headline...

Inflation outlook Euro area inflation is below the ECB’s 2% target and declined to 0.7% in October. The decline is due to a combination of low wage pressure and the end of the super-cycle in...

Market movers today US consumer confidence for November (Conference Board) is expected to rise slightly following a steep decline in October partly related to the government shutdown. Apart from...

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...