Danske Markets

Market movers today A quiet start to the week with German IFO expectations as today' highlight. In line with recent signals from ZEW and PMI, we look for a stabilisation in the index, also as the...

Did Trump just blink? Over the past few weeks, fundamentals have not been as dominant a market driver as politics, the trade war, geopolitical concerns and migration/the EU summit. Over the past week,...

Market Movers aheadInflation releases in the euro area and the US are in focus this week. In the US, PCE core inflation continued to tick upwards to 2.0% y/y in July. In the euro area, headline...

General election likely to result in weak minority government. First challenge to deliver a budget - non-negligible risk for another election. SEK will be first victim - we recommend buying 1M...

Emerging Market (EM) sentiment has been hit not only by rising USD and rates and the trade war, but also increased sanction risk from the US.The most vulnerable economies in EM at the moment are...

Important initial Q3 data. Covered bonds perform and we expect lower supply. The SEK and the general election - risk of a bumpy ride. To read the entire report Please click on the pdf File...

Market movers today The Jackson Hole symposium started last night under the headline 'Changing Market Structure and Implications for Monetary Policy'. Fed Governor Jerome Powell will speak today on...

The Danske G10 Medium-term Valuation (MEVA) model continues to point to significant upside in EUR/USD with fundamentals now pinning the cross as high as 1.31. Thus 'gravity' remains for a renewed move...

Market movers today Lots of data on the agenda today. In the euro area, the Flash PMI is due. After reaching an all-time high of 60.6 in December 2017, manufacturing PMI fell for six consecutive...

Market movers today The FOMC minutes from the meeting earlier in August are due out. As we believe the Fed is on track to deliver two more hikes this year, we are more interested in any discussions on...

Market movers today There are no key market movers today on the global or Scandie front. Market focus continues to be on Turkey and developments in emerging markets . The next key thing to watch on...

The latest IMM data covers the week from 7 August to 14 August 2018To read the entire report Please click on the pdf File Below:

1-3M EUR/SEK and USD/SEK implied volatility remains expensive. However, it could increase further ahead of the Riksbank meeting and the general election in Sweden.NOK volatility is generally cheap in...

CNY weakening has stalled a bit since China pushed up offshore money market rates. It sends a signal that China would like to slow the CNY depreciation on the back of recent signs of rising capital...

Market movers today I t is a very quiet start to the week on the data front with basically no economic releases being announced today. Instead, financial markets will continue to focus on the...

Market movers aheadIn Norway , Q2 GDP growth data is due out on Thursday. The print will reveal whether or not a slowdown has been under way in Norway. Next week, we get preliminary PMIs in Europe,...