Danske Markets

cMarket movers today The first numbers for Q2 GDP have started to roll in. In the US, the data is set to show strong economic growth of 4-5% (q/q annualised) based on strong contributions from net...

No new policy signals from a rather uneventful meeting.Mario Draghi said the main risks still stem from protectionism/the trade war but this said he is generally at ease with the development on the...

Market movers todayThis morning, European markets are set to digest the result of the meeting between EU Commission President Jean-Claude Juncker and US President Donald Trump, see below. The key...

We expect the Bank of England to hike the Bank Rate from 0.50% to 0.75%, as activity indicators have rebounded and the unemployment rate is low.We expect the Bank of England to hike once a year. We...

Tomorrow, 26 July, the ECB's governing council will gather for a rather uneventful meeting according to almost all market participants including us, see ECB Preview - Cruising to the end of QE , 20...

Market movers todayFocus turns to the trade war again as EU Commission President Jean-Claude Juncker meets with US President Donald Trump. Juncker will be accompanied by EU trade commissioner Cecilia...

We do not expect the BoJ to change its policy at the July meeting, but the likelihood of a policy adjustment (fine-tuning) in Q3 has increased significantly.We are very sceptical that the BoJ will be...

Market movers todayIt is time for euro area Flash PMI for July. PMI manufacturing has declined every month this year and we look for another small decline in the July reading from 54.9 to 54.4 as...

The latest IMM data covers the week from 10 July to 17 July 2018To read the entire report Please click on the pdf File Below:

Market movers todayThe markets will digest the G20 Finance minister meeting over the weekend. Not least comments on the currency front after Trump's tweets criticising the strengthening of the USD and...

During next week's meeting we expect: No new policy signals after the June decisions Draghi's most recent public appearances in Sintra and at the European Parliament shed no new light on its policy...

Market movers todayA quiet week ends with no important data releases in the calendar. There are a few sovereign rating reviews, as France and Austria are up for review by Fitch and Greece is up for...

The CNY continues to weaken against the USD . We see a clear risk of further depreciation and continue to recommend a hedging of receivables.USD/CNY fixing by PBoC also creeping higher. However, this...

Market movers todayToday is a quiet day in terms of data releases. We look forward to getting the Philly Fed index in the afternoon, as it may give a further indication of whether ISM manufacturing...

Market movers todayIn the UK, CPI inflation data for June is due out at 10:30 CEST. It is the last major data release before the Bank of England meets on 2 August, and inflation needs to surprise...

Market movers todayA quiet day today with Fed Chair Powell's semi-annual hearing before the Senate Banking Committee being the main event at 16.00 CEST. However, we do not expect him to send new...