Danske Markets

Market movers today In the US , the preliminary Q1 GDP growth estimate is due for release today. There are signs that economic activity slowed in the first quarter, with growth in consumer spending...

Market movers aheadThe calendar is packed in the US next week. We look for 1.9% core inflation, a decrease in ISM manufacturing and not much action at the May FOMC meeting. In the Jobs report, the...

Unsurprisingly, there was no new guidance from Draghi at today's ECB meeting. He acknowledged the recent softer data but kept his strong and broad-based assessment on growthThe meeting confirms our...

Last week, we participated in the IMF/World Bank spring meetings in Washington DC , meeting with over 30 different IMF country teams on the most important advanced economies and emerging markets....

Main takeaways The devil is in the detail. As shown in the table on the right, the Riksbank has cut GDP growth slightly and raised its CPIF inflation forecast by a tenth. However, in our view the...

US-China trade tensions ease as the US is set to send a delegation to Beijing for negotiations next week.Details are still awaited from Trump on an additional USD100bn worth of Chinese imports subject...

Our call for tomorrow's Riksbank announcement is that it will delay the first rate hike by two quarters to Q1 19, based on the fact that inflation has failed to live up to expectations. In the...

Italian government talks are finally gathering some pace, after the inconclusive election result on 4 March and continuing political impasse (see Italian Election Monitor: Eurosceptic shift ). As...

Global economy losing momentumEconomic data have begun to slow. True, the numbers are slowing from strong levels and the global economy has been experiencing a period of robust growth but the upswing...

Market movers today There are no significant economic data releases on the calendar, so financial markets will continue to focus on the rise in global yields and its implications for risk assets,...

We expect the Bank of Japan to maintain its 'QQE with yield curve control' policy unchanged at the next monetary policy meeting ending on Friday 27 April.We do not expect new super dovish deputy...

The surge in government deposits and corresponding drop in the net position along with the uncertainty about re-lending to social housing this year puts the DKK FX and FI market at a crossroads.In the...

On Wednesday 25 April (depending on market conditions), Danske Hypotek is set to introduce a new benchmark loan (SE0011116474) that matures on 20 December 2023, which is set to become its new 5Y...

Market movers today After the release of PMIs in both Europe and the US yesterday, focus will remain on economic activity indicators today. In Germany , Ifo expectations are due for release. Similar...

We have lowered our 12M forecast for German 10Y yields slightly from 1.20% to 1.1% due to the change in the ECB deposit rate forecast. We continue to see a subdued inflation picture in the Euro zone...

Market movers today We start out the week with a lot of preliminary activity indicators for April, before attention later this week turns to the ECB meeting on Thursday as well as the US preliminary...