Danske Markets

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...

Little re-positioning: Investors did not make any big changes to their currency positions in the first week of the year according to the IMM data. Net euro positions dropped slightly to become...

This week, the scorecard recommends buying AUD, CAD and NZD while selling SEK, CHF and EUR (see suggested weights the PDF file below).This week the scorecard recommends buying the three commodity...

Positive sentiment in Asian stock markets ahead of key economic data from China this week.EUR has strengthened and JPY weakened as central bank policies diverge.Bernanke might give more colour on...

Market Movers AheadThe coming week is heavy on releases in the US with consumer prices, retail sales, the first regional PMI readings for January and housing data all due out. Retail sales are due to...

One of our Top Trades for 2013 was short JPY/SEK with an implicit spot target range of 7.30-7.40. We entered a bearish 6M risk reversal at zero cost with spot ref 8.02. The pair is down more than 10%...

Receive 3Y1Y EUR swaps (6M basis).Scale in with ½ position at 1.195% and next ½ position at 1.40%.Stop at 1.55% and target at 0.85%, indicative roll-down: 11bp in 3M, 21bp in 6M....

Recent bad manufacturing data in Sweden basically confirms what surveys such as the PMI have indicated -- the fourth quarter was not good for industry. This was one reason why the Riksbank eased rates...

The ECB kept all rates unchanged and it appears that discussion of a rate cut is over, at least for now, as today's rate decision was unanimous. There were few changes to the introductory statement....

ECB closed the door on further rate cuts, sending EUR/USD lower and yields higher.Japan's Prime Minister Abe unveiled a significant fiscal stimulus plan this morning.Chinese inflation surged on...

All eyes are on the ECB and BoE meetings - we do not expect changes to current policy.Strong Chinese trade data support Asian markets this morning.JPY continues to weaken on expectations of monetary...

We expect no new measures from the ECB this month though an easing bias remains. Mario Draghi may indicate that the Governing Council is getting slightly more optimistic on the growth outlook.Soft...

US stocks retreated for the second day in a row, while Asian indices are up.Ireland successfully raised EUR 2.5bn in a syndicated tap yesterday.Focus today on German industrial production, Italian Q3...

It has been a calm session with no market moving news or releases.Ireland takes another step towards regaining full market access.Focus today on German factory orders, euro area retail sales and the...

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...

Summary and outlook The recovery continued in December, as global leading indicators and global PMI manufacturing new orders rose once again. China and the rest of Asia were the primary drivers of the...