Danske Markets

GDP growth in Q1 13 surprisingly eased to 7.7% y/y from 7.9% y/y and puts into question the strength of the Chinese recovery. Industrial production was also substantially weaker than expected in March...

Chinese GDP and industrial production disappoint.Equity markets and bond yields lower on soft data.China and U.S. to work together in North Korea crisis.EU extends loan to Ireland and Portugal.Focus...

The FRA curve is almost unbelievably flat compared with previous recoveries. As the RB could soon turn more hawkish, we like paying SEK FRA JUN14. Our flattener (long SGB1057 against SGB1049) has been...

Stakes are rising in Korea conflict as Pentagon warns on nuclear missile capabilities.Bank of Japan's Kuroda stresses inflation target to be handled flexibly.International Energy Agency revises down...

In early 2012 the Polish central bank (NBP) was overly cautious in our view and has been very reluctant in reacting to the clear slowdown in the Polish economy. As a consequence, Polish growth has...

Market movers aheadThe U.S housing market will be in focus with the release of the NAHB housing index, building permits and housing starts. We expect data to show a continuation of the recovery in the...

Fed minutes, released early by mistake, had a hawkish tone.Obama budget presented, aiming to kick start deficit-reduction talks.Market sentiment shrug off the hawkish Fed bias and the rise in...

On Thursday the Debt Office will tap SEK1bn of the 2017 bond SGBi3107. We still like the shortest linkers best. So far this year, the shortest linker SGBi3105 has, together with SGBi3102, yielded the...

This week we sent out new commodity-price forecasts, see Commodities Forecast Update for details. Overall, our forecasts for Q1 have generally proved too optimistic and we look to revise the level of...

Chinese trade data point to improving domestic demand, while a sovereign downgrade from rating agency Fitch highlights increasing debt worries.The highlight on today's calendar is the FOMC minutes,...

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...

Lower Chinese inflation eases tightening risk from PBoC.Alcoa reports better-than-expected earnings on higher sales.Another quiet day ahead in terms of data releases.Markets Overnight Chinese...

First, while cyclical conditions have improved, weak spots have also surfaced. Although China avoided a hard landing, its recovery has been less sturdy and less commodity intensive than expected...

This week, the scorecard recommends buying JPY, AUD and GBP while selling SEK, USD and NOK.Last week's sell-off in JPY seems overdone according to the scorecard, and the model recommends a long JPY...

A weak US employment report increased worries about a new soft patch.Long-end Treasury yields dropped significantly; the 10-yield is at its lowest for the year.JPY continues to weaken despite...

The latest IMM data covers the week from 25 March to 2 April. Investor views remain broadly unchanged: short JPY, short GBP and short EUR. The bearish yen and sterling view is based on expectations...