Danske Markets

U.S. ISM disappoints but details suggest consumer resilient nonetheless.Eurozone markets calmed down a little; uncertainty in Cyprus and Italy.Focus today on eurozone PMIs and jobs ahead of ECB...

April sees small index duration changes on the ordinary rebalancing day on April 10. Some longer dated mortgage bonds have been issued, affecting primarily indices based on OMRX-MORT ALL. Otherwise,...

The Cyprus deal saw a new turn in the required conditions. It stipulates that guarantees will be made for deposits under EUR100,000, but it applies severe haircuts above that sum and introduces...

The seed of suspicion sown by the Dutch finance minister will not go away easily. In stark contrast, it was another week of strong domestic data, which suggests that Swedish economy is faring better....

As of today (market conditions permitting) Kommuninvest will start to introduce a new loan (SE0005131299) matching SGB1052 and maturing on 12 March 2019. The fact that SGB1052 is the current 5Y...

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...

Risk sentiment improves on strong US dataInvestors turn attention away from Cyprus and equity markets riseFitch puts Cyprus on negative watchMarkets overnight Risk sentiment improved and investors...

Cyprus bailout deal increases fear of the potential effects of capital control and the risk of contagion across EuropeEquity market trades lower and spread between 10-Yr. U.S. and German government...

This week, the scorecard recommends buying AUD, CAD and GBP while selling NZD, JPY and NOK.Long The AUDFor the sixth consecutive week, the scorecard recommends buying AUD this week as all input...

The latest IMM data covers the week from March 13 to the 19. Unsurprisingly investors added to EUR shorts during the Cyprus crisis last week with EUR shorts making up close to 25% of open interest...

Just after midnight, the Troika and Cyprus struck a last-minute deal to avoid a complete bankruptcy and potential euro exit of CyprusThe deal does not have to be approved by the Cypriot parliament as...

Cyprus bailout agreement of EUR10bn has been reachedDeposits below EU guarantee of EUR100,000 are spared but the deal creates dangerous precedent for future bail-out negotiationsRelief rally in...

Market Movers aheadCyprus will be the main market mover next week - Tuesday appears to be the deadline for reaching an agreement.The ECB is expected to stay on hold but weak data has increased the...

Just as it looked as though the global economy was on the way out of the great recession and investor confidence was returning, things turned negative. Yet again, it has been a shock from the euro...

The Finnish government announced on March 21 a budget framework for 2014-17. The framework targets EUR300m in spending cuts and the same amount in overall tax increases. We think this is quite a...

The short-term outlook for France looks more like that of a peripheral country than the strong German economy to which France used to be compared.PMI numbers for France and Germany have diverged...