Danske Markets

Market movers today Main market mover today is likely to be Chinese data: industrial production, fixed assets investments and retail sales (released after deadline). Yesterday's strong rebound in...

On 2 August, we recommended buying USD against a basket of EUR, GBP, JPY and CHF. We have decided to exit this trade early and take a loss of 2.1% . The trade recommendation was based on the view...

The euro area housing markets exhibit large differences, as shown in Danske Bank's Euro Area Housing Market Index below. Indeed, with regard to housing markets, the euro area looks like independent...

New research from Danske Bank Markets: Market movers today Bank of Japan Governor Kuroda speaks after the central bank meeting. It will be interesting to hear whether Kuroda opens the door for more...

Market movers todayWe expect German industrial production to decline 0.2% m/m in June as manufacturing PMI decreased in June and factory orders were down 0.5% m/m in May. Even though a decline in June...

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...

Summary and outlook The tightening in sovereign spreads in the periphery since end of June is broadly in line with fundamentals. In recent months, the economic outlook for euro area periphery...

Market movers todayGerman factory orders are expected to increase after two months of decline. Nevertheless, the figure could turn out to be on the weak side of expectations as manufacturing PMI...

The latest IMM data covers the week from 23 July to 30 July. Unwinding long dollar positions: The rebound in EUR/USD has coincided with an unwind of long dollar positions and by Tuesday last week net...

New research from Danske Bank MarketsThis week the scorecard recommends buying NZD, SEK, CAD while selling AUD, USD, JPY.AUD and NZD were the two biggest losers among G10 last week. However, while...

New research from Danske Bank MarketsAccording to ECB president Mario Draghi, 'the Governing Council expects rates to remain at present or lower levels for an extended period of time'. We project...

Market movers todayFinal euro area service PMIs will most likely confirm that the euro area is moving from recession to slow growth. We expect last month's decline in the Italian figure to be...

We note that (Q2) GDP deviated substantially from the Riksbank's latest forecast, coming in at 0.6% y/y (wda) when the Riksbank expected 1.2% y/y (wda). Despite weak demand growth, labour market...

Market movers aheadEuro area service PMIs are likely to confirm that the euro area is heading from recession to slow growth. We expect last month's decline in the Italian figure to be countered and...

Over the past two days, global central banks have been setting the agenda. Our overall conclusion is that the USD bull case that we presented in FX Strategy: When happy hour ends – implications...

Market movers today ECB will announce the weekly repayment of the 3Y LTRO, which is likely to attract attention as excess liquidity continues to fall towards the EUR200bn mark. The trend in the...