Danske Markets

Markets Overnight U.S. equities initially fell after a bigger-than-expected drop in consumer confidence, which fell to 65.1 in December from a revised 71.5 and as fiscal cliff concerns continue to...

Markets overnight Hopes for a solution to the Fiscal Cliff fade as time is running out. The likelihood of a temporary fall over the Cliff has risen and it seems increasingly unlikely that a "mega...

This week, the scorecard recommends buying JPY, CAD, NZD while selling SEK, NOK, CHF.Positioning for JPY is very positive and risk premium also favours a long JPY position this week. Again this week,...

Despite progress in negotiations, the US Congress has failed to pass legislation before Christmas that averts the substantial fiscal tightening about to hit the US economy on 1 January. The Congress...

Market movers aheadMarket attention is likely to centre on the fiscal cliff negotiations, as the deadline is moving closer. President Barack Obama and House speaker John Boehner still have five days...

US stocks ended slightly up in yesterday's trade but Republican House Speaker John Boehner failed to get backing from his own party for his "Plan B" to avoid the fiscal cliff.This has sent Asian stock...

TradesProfit taken. We take profit in the extension on the mortgage curve from SHYP1575 vs SHYP1579 relative to the swap curve as we have reached our target. We do, however, keep a similar exposure a...

Bank of Japan (BoJ) at today's monetary meeting raised the ceiling for its asset purchases by JPY10trn to JPY 76trn. The implication is that the pace of BoJ's asset purchases will accelerate slightly...

2012 has been a surprisingly good year for the EMEA currencies and particularly the Polish zloty and the Hungarian forint have seen fairly strong gains. We think there are overall two reasons for the...

Nervousness is re-emerging in the markets as the deadline for a deal on the fiscal cliff draws closer.This and weaker-than-expected US housing data dragged down the US stock markets slightly in...

This week our model indicators suggest that both EUR/JPY and USD/JPY continue to look oversold. However, the JPY sell-off is beginning to see support from relative rates and is therefore gradually...

The Ifo expectations is rebounding in December and points to further improvement in the coming months. The current condition index decreased but overall today's release is somewhat better than...

We expect the Bank of Japan (BoJ) to announce additional easing measures in connection with the end of this week's BoJ meeting tomorrow. Following the LDP's landslide victory, there is intense...

US stock markets closed up in yesterday's trade on the back of eased worries over the fiscal cliff and expectations of more global monetary easing. Nikkei is up more than 1.5% this morning.Monetary...

The forecast update from the Riksbank released today is a fairly standard style document. In short: temporary weakness in 2013 followed by a gradual return towards trend. The Riksbank recognises that...

Signs that an agreement in the fiscal cliff negotiations is close - stock markets and US bond yields markedly higher.House prices in China continued to recover in November.We expect Riksbank to cut...