Danske Markets

In the US, we expect November manufacturing PMIs to stabilise around the current level of 55.7.We expect another decline in euro area manufacturing PMIs in November. The European Commission is...

In the very short term, we think it is important to keep an eye on two things. Will the DUP continue to support the government ? Media reported (see Reuters ) yesterday that the DUP is considering...

Lots of speculation about the Xi-Trump meetingEconomic data points to more weakness short term Trade deal or not 6 rivalry here to stayContinued speculation about the Xi-Trump meeting A lot of stories...

Market movers today All eyes are on the Brexit developments and the future of Theresa May as UK prime minister. Developments took a sharp turn yesterday as the Conservatives went into open warfare...

EUR/NOK: Despite the collapse in global equities and oil in October, EUR/NOK has been surprisingly stable. The cross has only moved from the low-end to the high-end of the range, which in our view...

Both Sterling and Euro trade firmer after UK Prime Minister Theresa May got Cabinet support for her Brexit deal. But no significant technical development is seen with these two currencies yet....

Market movers today T here is pressure on European financial markets given the weak economic growth data from Germany, Brexit and the budget clash between Italy and the EU. Yesterday, PM Theresa May...

As expected, PM Theresa May got support for her Brexit deal from the Cabinet. Theresa May said it was a 'collective' not a 'unanimous' decision, suggesting that some ministers were against.The...

The Italian budget drama enters the next round, as the Italian government refrained from material changes to its 2019 budget. We expect the EU Commission to start the process of launching an excessive...

sYesterday, the media reported that PM Theresa May and the EU have reached a (technical) agreement on the UK's withdrawal from the EU. We had not expected May to be able to pull it off this week given...

Market movers today F ocus today remains on Brexit , as Theresa May is scheduled to meet with her cabinet at 15:00 CET to discuss the draft Brexit agreement reached with the EU. If the cabinet nods...

Key takeaways PM Theresa May and the EU have reached a (technical) agreement on the UK's withdrawal from the EU. We still do not know the exact content of the deal but according to media reports the...

FRAJUN19: buy ATM call/sell ATM +15bp call/sell 2 x ATM +20bp in a call ladder (or rather a 1 x 3 structure). Cost 1.4bp (indicative). We have been advocating paying in the SEKFRAJUN19 contract on the...

Market movers today Politics continue to be in the spotlight as Italy faces a deadline today for a revised budget to the EU Commission. There are no signs though that Italy will budge and change it...

The front-end of the EUR/SEK volatility curve has increased as the risk of a snap election is rising.Event risk priced on the Swedish October CPI print (on Wednesday) has increased and looks...

EUR/USD has dropped below 1.13 and into technically uncharted territory. We remain positive on EUR/USD in 2019, but view it as too early to position for this view. Clients hedging USD assets/income...