Danske Markets

Market Movers TodayFocus this week will continue to be on US bond markets and the emerging markets (EM) turmoil. If US yields continue to calm down, it will be positive for risk assets and the EM...

Market Moves AheadDevelopment in the US bond market is likely to be a key driver for most markets as it serves as a gauge of Fed tapering expectations. The US announces mostly tier-2 data next week,...

In recent weeks, turmoil in Emerging Markets has accelerated with stock markets and currencies plummeting in a number of countries including Indonesia, India, Thailand and Turkey. The flight of...

Market Movers The most important release is new home sales in the US. The very strong existing home sales released earlier in the week suggest some upside and so far the higher mortgage rates do not...

The Fed's ambiguity reinforces the rising trend in interest rates. In addition, there are increasing signs that the global economy is facing a broad-based upturn. The delta indicator suggests the...

Turkish Lira Nearer Fair Value The Turkish lira (TRY) has been hammered on the back of the escalating market turmoil in emerging Asia and worries about Fed tapering. Turkey's large current account...

Fed chairman Ben Bernanke's second four-year term expires on January 31, 2013 and his successor needs to be vetted by Congress before then. Although a dark horse cannot be ruled out, there are two...

Market movers today Main focus will be the manufacturing and service PMIs for Germany, France and the euro area as a whole. We expect European PMIs to improve for the fourth consecutive month,...

Japanese investors again became the major net buyers of foreign bonds in July and early August. Up until June Japanese investors had been substantial net sellers of foreign bonds, as the latest...

In this version of FX Trends we will highlight a set of themes that we think should be instrumental in driving the FX markets on a 12M horizon and present trades to play these. First, we would like...

Market MoversAgain today we have a very light calendar with only a few minor releases. Early this morning Germany will release producer prices and at noon Ireland is scheduled to release property...

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...

The latest IMM data covers the week from August 6-13. Long USD unwind continues.The DXY dollar index is back near the low end of its recent 80.4-84.8 range, as investors continue to unwind long...

This week the scorecard recommends buying AUD, NOK, JPY while selling CHF, EUR, NZD (see suggested weights in portfolio in table below). After a rise in Australian short-term interest rates over the...

Market MoversOn the surface it looks like a relatively quiet day today. We have a completely empty calendar and liquidity will still be relatively low due to the holiday season in Europe. The crude...