Danske Markets

Last week Lithuania’s fifth-largest bank, Snoras, was nationalised as Lithuanian authorities shut down the bank after it observed irregularities in the bank’s operations. On Monday this...

Hungary’s mysterious talks with IMF and EULast week the Hungarian government suddenly announced that it had initiated talks with the IMF about a new loan. This has happened after the populist...

Ifo expectations have increased and current conditions are unchanged, while consensus analysts’ expectations were for a decrease. Looking forward, we expect Ifo expectations to decline...

Key news Stocks down more than 2% in US on euro crisis and softer data. Failed Bund auction intensifies euro crisis and puts more pressure on core countries. US bond yields and EUR/USD decline on...

Tap of SGBi3108 at the auction on Thursday, SEK750m. Just as we argued in the last edition of our Index-linked Report (on 26 October) the Swedish real rate curve has flattened relative to the German...

China’s HSBC Manufacturing PMI in November dropped markedly from 51.0 to 48.1, suggesting renewed weakness in the Chinese economy. The weakness appears to have driven mainly domestic demand....

Euro area PMIs stayed at recession levels in November, despite increasing slightly.Composite PMI increased to 47.2 from 46.5. The continued fall in manufacturing new orders is somewhat worrying as it...

Key newsStock markets lower in Asia as Chinese PMI declines to a 32-month low US bond yields lower on strong 5-year auction and slightly dovish Fed minutes Fed considered publishing interest rate...

The so-called Super Committee in the US has failed to reach an agreement on finding USD1.2trn in budget cuts over the next 10 years. While less critical than the agreement to raise the debt ceiling...

The debt crisis is heading towards the end game. Mistrust has spread to Italy, Spain and beyond. In the absence of further policy action, interest rates spreads would probably continue to widen and...

Key news The US congressional super committee announced that it has failed to reach an agreement on budget savings underscoring the political gridlock in the US. Standard & Poor’s and...

Key news The US congressional super committee announced that it has failed to reach an agreement on budget savings underscoring the political gridlock in the US. Standard & Poor’s and...

This monitor was introduced in the spring of 2010 to watch developments in local and global financial markets, in order to keep track of the contagion from the European debt crisis. This piece...

Global growth still supportive for commodities in 2012During the autumn we have seen a pronounced change in financial sentiment. The combination of the serious escalation of the European debt crisis...

The United States is the world’s largest economy accounting for around 18% of worldGDP. Although the US is the third largest exporter in the world, it has a fairly low exportsper capita ratio of...