Danske Markets

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...

In this note we take a closer look at the key events in the three Nordic countries over the coming week.The week will be relatively thin in respect of Scandi events, but we recommend keeping an eye on...

The latest IMM data shows that investors continued to add net long USD positions in the week that ended May 28. Aggregated net long USD positions are now equivalent to USD37.9.7bn - the highest level...

Market movers todayConsensus expectation is for an unchanged U.S. ISM manufacturing at 50.7, but we see potential for a slight improvement. If confirmed, this should fuel expectations further of Fed...

The NBS manufacturing PMI improved slightly in May, painting a more resilient picture of the Chinese economy than the HSBC manufacturing PMI which showed a marked decline in May in its final reading....

OPEC kept its quota unchanged at Friday’s gathering but, crucially, African oil producers are increasingly worried about the impact of U.S. shale crowding out demand for their light-sweet crude...

Emerging markets have been hammered this week. Most of the high-yielding currencies have been under strong selling-off pressure as investors have been reducing risk in an attempt to get rid of...

Market movers aheadWe expect the ISM manufacturing index and the employment report to show improvement in the U.S. economy and labour market.We do not expect any significant policy changes at the...

We close the position to pay EONIA 1Y1Y vs receiving 1Y. The first clip was opened at 10.25bp, the second clip at 6bp. Average entry is 8.125bp. The position is closed, with an average profit of 10bp...

Micro cyclesMacro cycleSwedish long-end rates – now and tomorrowMicro cycles For some time now, the business cycle has seemed to have got stuck in a micro rotation without finding any sustained...

Q1 GDP clearly showed that the Polish economy is in worse shape than assumed, which together with very low inflation now well below the official central bank's target of 2.5% +/-1pp and even below 1%,...

The E.U. Commission is due to release its confidence indicators, which we expect to show some improvement in May.We expect the second release of US Q1 GDP to show a small upward revision to 2.6%,...

Market movers todayWe expect that German inflation remained subdued in May. Core inflation is running at a very low level and commodity prices are held in check by positive supply side factors and...

We are no longer looking for a sustained price rebound in Q2, and have taken our oil and metals forecasts for both 2013 and 2014 lower. We now project Brent at USD106 this year on average, and USD99...

We expect the correlation between JPY and CHF to remain intact, and the CHF/JPY to continue trading within a relatively narrow range in the near term. We recommend utilizing the recent move higher in...

Market movers todayIn terms of macro data, focus will be on U.S. numbers today. The S&P Case-Shiller house price index is expected to continue the upward trend. House prices have so far increased...