Danske Markets

Markets overnightEuro fears are clearly returning to the markets. After a few weeks of relative calm in the markets, some jitters returned towards the end of last week. It is a combination of concerns...

Markets OvernightRisk sentiment improved yesterday after some well-received US corporate earnings and strong numbers from US housing starts which increased 6.9% in June – the fastest rate in...

Markets Overnight :Markets quickly shook of the initial disappointment after Fed chairman Bernanke’s statement before Congress and the US stock market recovered strongly supported by a couple of...

Markets OvernightIt has been a calm weekend with a light newsflow. In the US, the political debate is intensifying ahead of the autumn election. Obama has announced that he seeks to extend...

Markets OvernightIf any relief could be identified after the somewhat vague messages from the Eurogroup meeting on Monday, it once again proved short-lived. Yesterday’s discussion within the...

Markets overnightThe Eurogroup meeting ended in the early hours of Tuesday with an outline for the recapitalisation of Spanish banks: the first EUR30bn (out of a total EUR100bn) will be paid out to...

Markets OvernightWith US markets closed for Independence Day yesterday there have been only modest market movements since market close in Europe. The sentiment in the stock market is moderately...

Markets overnightRisk appetite continued to improve yesterday and carried over to US equities. The S&P 500 ended the trade up by 0.6% at a two-month high, fuelled by better-thanexpected US factory...

Key NewsRompuy announced that EU has agreed to drop preferred creditor status on Spanish bank rescue loans and to allow rescue funds to capitalize banks directly.Monti refuses to sign growth package...

Key News Draft plan to be discussed at the EU summit falls short of calming markets.Egan-Jones cuts Germany’s sovereign rating.US stocks increase despite weak consumer confidence.Markets...

Key NewsEU-summit draft suggests enhanced power that should enable EU to rewrite budgets for euro area member states that violate the debt and deficit rules.Cyprus applies for EFSF/ESM assistance and...

Key NewsBIS is concerned that central banks’ remaining options to aid the economic recovery are limited. BIS also calls for a pan-European banking system.Greece is aiming for a two-year...

Key NewsMoody’s publishes its review of 15 global banks.Independent audits say that Spanish banks need up to EUR62bn in extra capital.IMF’s Lagarde challenges Berlin by calling for ECB...

Key NewsNo big news from the G20 summit. Talks center on euro crisis response with no signs of Germany giving in to pressure. Merkel stays tough on Greece.Relief following the Greek election was...

Key NewsGreek election gives relief as New Democracy wins.Equities and euro rally, bonds sell-off.Socialists in France gain absolute majority.Focus on forming of Greek government, G20-summit and Fed...

Key newsSpanish bond yields surge to euro-era record high on continued concerns about Spain’s debt sustainability.Modest market impact – stock markets moderately higher and EUR trading...