Danske Markets

The inauguration of the new 20Y bond is due to take place next week. The bond, named SGB1056, will mature on 1 June 2023 and will be introduced through a syndication in switch auction. The SNDO buys...

Oil prices are again on the rise creating a new risk to the global economy. Thistakes thoughts back to early 2011 when the global recovery was confronted with a sharp rise in oil prices followed by a...

Scenarios for PSI and CACsIn recent days there have been indications that maybe Greece and its official sector creditors have pushed demands too far and as a result private investors are reluctant to...

Key newsConcerns about global growth fuelled by weaker-than-expected Brazilian andAustralian growth figuresSuper Tuesday‟ ended without a strong winner in the US Republican  primaries....

We  are absolutely certain that the ECB will leave rates unchanged this month. The economy appears to have stabilised, financial markets are doing better and, most importantly, the ECB has just...

Winged hawk recoversBank of England (BoE) policymaker Martin Weale said last week that UK inflation may prove more persistent than expected, hinting that it is unlikely the economy will require a...

Key newsStock markets lower in both  the  US and Asia despite strong US ISM service asinvestors are becoming more cautious after the rally this year.Twelve financial institutions have agreed...

Summary and outlookGlobal leading indicators lost some momentum in February, as US figures in particular disappointed, with the ISM deteriorating in both  headline and forward-looking details....

The latest IMM data covers the week from 21 February to 28 February.JPY sell-off accelerated by non-commercial flows: The strong JPY depreciation – which has seen the JPY underperform all other...

Key newsRisk sentiment is slightly negative this morning after weaker-than-expected ISM in the US on Friday and renewed concerns about Greece.Press reports over the weekend suggest that PSI...

Market Movers AheadGlobal• We expect next week’s  US  calendar  to be dominated by the release of non-farm payrolls on Friday. With jobless claims figures showing consistent...

With inflation still above the Polish central bank’s official inflation target of 2.5% and the Polish economy still growing relatively strongly, the NBP’s Monetary Policy Council (RPP) has...

Key newsThe positive sentiment continues in the equity markets  – S&P500 rose 0.6% on the back on US economic data and a solid Spanish government bond auction yesterdayThe Asian markets...

The NBS manufacturing PMI improved from 50.5 to 51.0 in February, marking the third month in a row with a slight improvement. Details were stronger than in the HSBC PMI, with both new orders and...

Key newsBernanke confirms that rates will stay “exceptionally low” but give no indications that further monetary easing is under considerationChinese PMI rises for a third straight...

Ireland  plans to hold a referendum on the  European Stability Treaty. It has been suggested the referendum is likely to take place in late May or early June.Although Ireland remains a...