Danske Markets

EU and IMF disagree on Greek debt reduction - rescue plan postponed.CBO warns US policy makers about fiscal cliff.Sell-off continues despite stronger-than-expected US data.Markets Overnight Concerns...

Polish central bank initiates easing cycle This week the Polish central bank (NBP) finally initiated a monetary easing cycle after the Monetary Policy Council decided to cut its key policy rate by...

The ECB kept all rates unchanged in line with consensus expectations. The Governing Council had not discussed rate cuts and there were no hints at the press conference of any future rate cuts, despite...

Market movers aheadFocus turns to fiscal cliff negotiations in the US.US retail sales to weaken a bit - due partly to Hurricane Sandy. We expect US regional business surveys from Empire and...

Financial markets scale back on risk as the fiscal cliff is looming.Focus today on BoE and ECB meetings.Markets OvernightThe Obama victory turned out be even more convincing than expected with Obama...

A new quarterly survey published today by the Confederation of Finnish Industries shows that business confidence indicators declined markedly in October. The poor economic outlook is most visible in...

In a sense the minutes from the Riksbank’s 24 October policy meeting do not add all that much. Still, the discussion underlines that, even though they agree on indicating the possibility of a...

We expect the ECB to refrain from further policy easing this month, although an easing bias remains.Mario Draghi is still waiting for Spain to make an official request for help from the ESM and ECB....

We expect the Bank of England to remain on hold at Thursday's Monetary Policy Committee (MPC) meeting and believe the Bank of England (BoE) will remain in wait-and-see mode going forward.As this is in...

Obama projected to win the US election by major TV networks.Knee-jerk negative market reaction: treasuries higher, US stock futures lower and somewhat surprisingly, the dollar weaker against the...

Probably a wait-and-see day ahead of the US election result.Reserve Bank of Australia surprises the market by keeping rates unchanged.Influential US investors issue warning about the US fiscal...

Speculative investors added significantly to short JPY positions last week. The number of long USD/JPY contracts doubled to 37k contracts from earlier 18.2k. Net shorts in respect of open interest...

Global leading indicators showed continued signs of improvement, as Global PMI and new orders increased further confirming the positive trend in the global economy. The US and China are the main...

The US economy added 171,000 new jobs in October and net revisions to prior months were positive. This leaves job growth clearly above the mid-summer lows.Job gains in the cyclical part of the service...

Strong nonfarm payrolls boost USD but caution due to election in the US and leadership change in China weigh on equities.Mixed signals from Chinese services: NBS PMI rose whereas HSBC fell in...