Danske Markets

Macroeconomic stabilisation helps EMEA currencies The past couple of months have been very challenging for most Emerging Markets and for EMEA markets. However, we are beginning to see some real signs...

Headlines European CDS indices have tightened gradually this week Reduced primary bond issuance in EUR compared with last week Uncertainty regarding the situation in Syria continues Market...

We expect a steep rise in CPIF inflation in the autumn: there is a risk of a considerable divergence relative to the Riksbank’s forecast. Over the past week, we have reached our profit targets...

Market MoversThe main focus today is US retail sales. We expect a decent report with growth of 0.3% in 'core' retail sales excluding cars and gasoline. August data for total vehicle sales (unit data)...

Market movers today We expect the eurozone industrial production to decline 0.6% m/m from July. Industrial production has been on an upward trajectory during 2013. And, even though we predicted a...

Tomorrow the Swedish National Debt Office (SNDO) is set to tap SEK1 billion of the June 2017 CPI-linked bond SGBi3107. Just one and a half hours earlier, August CPI data will be released. Hence, the...

Market movers today Today the UK labour market report for July will be published. With the Bank of England adopting forward guidance linked to the unemployment rate, this release will get much...

What stands out Implied volatility has, in general, corrected lower over the past couple of weeks. However, when evaluated by a Z-score of historical spreads between implied and realised volatility...

Chinese industrial production data is due this morning. We look for the figures to show a slight acceleration to 9.8% y/y, from 9.7% y/y in July, confirming that the economy has stabilised and started...

The latest IMM data covers the week from 28 August to 3 September. Leading up to the ECB meeting on Thursday, speculators wiped out long EUR positions according to IMM data and probably continued to...

With few important data releases today, focus will be on the U.S.'s decision regarding Syria as Congress is likely to vote this week on whether to carry out a strike. So far, Obama has support from...

Both Swedish and Norwegian inflation data are expected to show that inflation has bottomed out. Especially, Norwegian core inflation could be interesting ahead of the Norges Bank meeting on September...

Currently the focus wis on Syria and whether the US and its allies are likely to launch an attack on the country. This could potentially trigger higher oil prices, and renew concern about emerging...

Belka signals wait-and-see stanceYesterday, the Polish central bank (NBP) unsurprisingly kept its key policy rate unchanged at 2.5%. Equally unsurprisingly, the NBP signaled that it would remain in a...

The Riksbank's (RB) policy strategy is a compromise. It openly states that lower rates would help to bring inflation back towards the target more quickly but household debt remains an issue to weigh...

Following a stream of positive surprises it is becoming consensus that US and Europe will see a stronger recovery next year. At the same time, though, sentiment about Emerging Markets has become very...