Danske Markets

The latest IMM data covers the week from 30 October to 6 November 2018To read the entire report Please click on the pdf File Below..

Market movers today With no big market movers on the agenda today, focus will be on Brexit negotiations, where things soured over the weekend (see below). Tomorrow, Italy returns to the limelight as...

Market Movers aheadIn the US , we believe it is likely core inflation stayed unchanged at 2.2% in October. We expect retail sales to continue painting a robust picture of US consumers. Growth data...

October inflation should not derail Riksbanks hike plans.Better outlook for short-end covered bonds as well as Kommuninvest in ASW spreads. PPM money defines December seasonality in EUR/SEK. To read...

Targeted longer term refinancing operations (TLTRO) - the silent measure that supports loan growth - have returned to the market's attention recently on speculation about the potential for another...

Market movers today In Norway, inflation data for October is due out. We estimate core inflation slowed to 1.8% y/y, from 1.9% y/y in September. For more see Scandi markets overleaf. In the UK, focus...

Fed is on autopilot and the destination is neutralAs expected, the Fed stayed on hold today and made no major change to the policy signals in the statement. The Fed usually does not make changes at...

This is the first edition of China Weekly Letter, which we will publish at the end of the week going forward. It aims to give a brief wrap-up on Chinese news, with focus on the three main stories of...

Foreign sales in China rose 15.6% y/y in October (estimate 11.7% y/y), pointing to still robust sales. However, it is likely this was due to front-loading of US imports from China ahead of the...

Market movers today We do not expect the Fed to hike the Fed funds rate tonight at 20:00 CET (in line with consensus and market pricing). As it is one of the interim meetings without updated...

Today, the Riksbank announced it plans to add NOK and DKK to its currency reserve portfolio, meanwhile indicating it will raise USD exposure and reduce EUR exposure. The change in composition is set...

Market movers today The US midterm election results are in and as expected, we got a divided US Congress. We think the outcome will only have limited implications for the economy and markets, see US...

Key takeaways With a divided Congress, we should not expect changes to economic policy and hence we maintain our view that the implications for the economy and markets should be limited. US expansion...

Market movers todayToday, US voters are voting in the midterms and the results are expected in the early hours of Wednesday morning (CET). Opinion polls suggest a divided Congress with the Democrats...

Today the US is voting in the mid-term elections and we should get the results in the early hours of Wednesday (CET). Opinion polls continue to look favourable for the Democrats, as they are leading...

Real interest rates to pave the way for downside pressure in EUR/USD in 0-3M. We look for a break of 1.13 as US cyclical and carry outperformance rule. Cross still set to gravitate back to 1.15 and...