Danske Markets

We expect the Governing Council to discuss rate cuts, and at the press conference we believe Mario Draghi is likely to open the door for a rate cut in the coming months.However, we anticipate that...

Next week sees small index duration extensions in almost all of sub-indices in the OMRX BOND index family. The extension will be driven primarily by some issuance of longer covered bonds from mortgage...

A quantitative run on the Swedish fixed income market:To Read the Entire Report Please Click on the pdf File Below.

The latest IMM data covers the week from February 19 to February 26 Most cyclical currencies such as the euro and commodities were shredded last week. Investors went net short EUR again with net...

The political outlook in Italy remains uncertain. Bersani insists that he will form a minority government but has given no explanation how.The US equity markets closed on a positive note on Friday....

This week, the scorecard recommends buying CHF, NOK, NZD - while selling GBP, CAD, EUR.The top three currencies in this week's long basket are the the three that declined the most against USD last...

Market Movers aheadThe upcoming ECB meeting should be a non-event as far as rates are concerned, but it will renew focus on the political situation in Italy where it is crucial that the ECB is still...

We were living with the impression that Q4 12 GDP would be fairly unexciting. We need to revise that attitude. The calendar adjusted GDP came in at 1.4% y/y (flat q/q) – on the surface, slightly...

EU sovereign markets continue to stabilise after the Italian elections.US equity markets declined as US Senate rejects plan to replace Sequester despite stronger-than-expected economic data.Asian...

The sell-off in commodities continued this week after the Italian election outcome and with the U.S. sequester kicking in and associated worries over a soft patch in U.S. activity (see Global Macro...

There is political twin deadlock in Italy and the U.S. and it remains to be seen how this will unfold in the weeks ahead and whether macro data will respond negatively. This issue will probably be...

There can no longer be any doubt that the Polish economy has slowed significantly and it is very hard to find any inflationary pressures. Hence, there seems to be very good reason for the Polish...

Prime Minister Abe nominates Kuroda as new BoJ governorLess fear of a political deadlock in Italy as investors do not shun Italian debtMore strong housing data out of the U.S.Markets Overnight This...

Risk markets are correcting lower -- the MSCI world equity index is down 2% from its peak and EUR/USD is down more than 4% from its February-1 high. The underlying macro environment remains supportive...

The general elections in Italy have left the political outlook highly volatile. The election result caused negative market sentiment but no panic. The interest rate on 10-year government bonds quickly...

Italy is now in a complex situation; none of the coalitions are able to form a government with a majority in the Senate. A minority government led by Pier Luigi Bersani is a plausible scenario, but it...