Danske Markets

Market movers today The key event today will be the Riksbank meeting, where it is a close call as to whether the Riksbank will maintain its expectation of a rate hike this year. We expect another...

Market movers today The US-China trade war is back on the agenda, as the public hearing on possible tariffs on an additional USD200bn worth of imports from China ends today. An announcement may come...

The QE figures for August showed an increase in the PSPP purchase relative to the private sector programmes (CBPP3, ABPP, CSPP). In August more than 90% of the monthly QE of EUR25bn was spen t on the...

Market movers today In the US , ISM manufacturing is due out today. It has been very high for a long time compared to both hard data and the Markit PMI manufacturing index. It remains our base case...

Implied volatility in EUR/SEK has increased further amid high uncertainty on the Riksbank and the general election. Events in Sweden including the Riksbank meeting, election (priced around 16.7% in...

The latest IMM data covers the week from 21 August to 28 August 2018.To read the entire report Please click on the pdf File Below:

Market movers today The US market is closed due to Labour Day. As we wrote in Strategy: Global macro themes in H2 18 , (geo)politics will remain a hot topic here after the summer holiday . Italy is...

Market movers ahead The hearing period for the planned US tariffs on USD200bn worth of Chinese imports is ending, and an announcement of the tariffs is likely to follow. The US job report is expected...

Italy trading out of line with rating Italy continues to lurk in the background and make headlines in financial media. This week, Italian media La Stampa said that Italy had asked the ECB to extend...

Market movers today We have a packed calendar today, not least of all in the Scandi space. In Norway , we get the credit indicator and unemployment data this morning. The data are unlikely to change...

Time to make up your mind Riksbank. Next week's policy announcement could decide if the first rate hike in seven years is imminent or not.Weak SEK is up against the Riksbank and the election. To read...

If the Danish budget proposal and debt management strategy for 2019 released today is agreed, it would flush the DKK money market with liquidity next year.Danmarks Nationalbank would then likely need...

Market movers today The main release today is the US PCE data, which we expect to rise to 2.0% from 1.9% (PCE core inflation). We still believe the Fed is on track to deliver two more hikes this year....

We see EUR/USD peaking near term and expect a new fall below 1.15 in H2.We are still bullish on the cross for 2019 but need the Fed to be on hold and/or for an ECB hike to be in sight. We close our...

Market movers today Today is another quiet day in terms of data releases ahead of the more interesting releases tomorrow and Friday when we get inflation prints in both the US and the euro area. The...

Impl. Scandi vol. is generally higher since last week. Especially the front end of the EUR/SEK vol. curve has increased further amid high uncertainty around the Riksbank meeting and the general...