Danske Markets

Market movers today The US jobs report for September is today's highlight. We estimate non-farm payrolls rose 190,000 in line with the recent trend, which may be sufficient to lower the unemployment...

Italian budget plan is based on optimistic growth and interest rate assumptions, while the revenue side remains vague.Our base case is now that the EU Commission will give a negative viewpoint and ask...

Recent Italy concerns have had a limited FX impact, in our view.The EUR/USD drop is more down to USD strength, which is set to stick for now. The Scandies expected to hold their heads high despite...

Market movers aheadThe focus in the euro area next week will stay on Italy and the ongoing budget fight. Italian government bonds have come under renewed pressure, as the risk of a new debt crisis in...

Market movers today Today, the most important release is the Swedish housing price data from Maklarstatistik. We think the release is likely to show a decline in housing prices (see next...

Market movers today Politics remain a hot topic in financial markets with the Italian-EU budget clash ahead of the official budget submission to the EU on 15 October and the ongoing UK Conservative...

Market movers today This morning, we published our quarterly Nordic Outlook, including our updated macro forecasts for the four Nordic economies . For an overview, see the Scandi section on page 2 or...

At a glance - Less help from global updrift The Nordic countries have been benefiting from a strengthening global recovery, but that is now changing. The recovery is maturing in Europe and in the US,...

Implied volatility has generally declined in the Scandi FX space on 3M (NYSE:MMM) tenors and beyond (in line with the majority of the G10 currencies).The front-end of the EUR/SEK curve remains...

The latest IMM data covers the week from 18 September to 25 September 2018.To read the entire report Please click on the pdf File Below:

Italy budget at 2.4% for each of the years 2019-2021 was at the upper end of our and markets' expectations. How will the EU respond to the rebel from the south: will they just express an opinion or...

Market movers today Politics will remain a hot topic this week. The Italian budget projections will continue to be a theme for financial markets as well as the reaction from the European commission...

Market Movers aheadIn the US, non-farm payrolls are likely to show healthy gains along with another uptick in wage growth. In Europe, the Italian budget projections will continue to be a theme for...

Slowing growth story on trackUpdate on FRA MAR19/MAR20 spread Time for a pause in covered bond spreads EUR/SEK - target 10.20 ahead of first hike To read the entire report Please click on the pdf File...

Market participants are not waiting for the first ECB hike to actually arrive before reacting.The next big move in EUR/USD is up, when the first ECB hike draws closer. We forecast 1.25 in 12M. The US...

Market movers today Market focus will continue to be on Italy and the official release of the Italian growth, debt and deficit projections for 2019 , which were supposed to have been released...