Danske Markets

US equities are hovering around all-time highsCore yields are grinding higher while spread compression continues in peripheralsFocus today on Fed speakers and in Scandinavia on Swedish unemployment...

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...

This morning the FSA published its proposal for the new Solvency-2 (S2) based discount rate curve, which will be implemented next year. The details did not reveal any surprises. The curve will consist...

This week, the scorecard recommends buying JPY, NOK and NZD while selling USD, AUD and CHF.All input factors with the exception of FX scores currently favour long JPY and NOK positions, and thus the...

There have been a couple of interesting releases in what has otherwise been a calm weekend in terms of market relevant news. The risk-on move remains intact in this morning's trade with Asian stocks...

This Fact Book on the Netherlands gives a brief overview of the main aspects of the Dutch economy. The Fact Book can be used as a quick reference point for key ratios, etc. It includes many...

Market Movers aheadFed in focus with FOMC minutes and high-level Fed speeches.Global flash PMIs - we expect a flat Chinese PMI but improvement in Germany.German IFO expectations have less upside than...

Slightly positive sentiment this morning as strong Japanese machinery orders partly offset yesterday's soft US data.Fed dove Williams says asset purchases could be scaled down as soon as this...

PLN: Weak Economy To Weigh On Zloty We believe the weak Polish economy will trigger further rate cuts near term and this is likely to put some depreciation pressure on the zloty. Thus, we expect some...

We recommend entering a 1M 0.97-0.982-1.00 AUD/USD seagull at zero cost (spot reference: 0.9820) to position for a temporary move higher in AUD/USD. With the RBA in no hurry to ease further for now...

Q1 GDP and Prospera's inflation expectations survey may play a decisive role at the Riksbank's next meeting.Is the Riksbank correct in assuming that the impact from unit labour cost (ULC) has...

Japan's GDP in Q1 13 expanded 3.5% q/q AR so the country appears to have embarked upon a relatively strong recovery. The major impact from Abenomics has yet to work its way through the economy, so the...

In early May the ECB cut the refi rate by 25bp to 0.50% and opened the door for negative deposit rates. The central bank is still mulling over an SME lending program but failed to deliver any...

We now believe that Q1 marked the peak in EUR/USD. Range trading should continue to be the order of the day in the cross for the near future, as relative central bank policies still favour the euro...

Markets Overnight Equity markets had another good day on Tuesday, with the S&P500 up 1% and Euro stoxx up 0.7% on the day. The positive sentiment has carried over to Asian trading overnight,...