Danske Markets

Global business cycle weakening We see clear signs that the global business cycle has peaked in early 2018 in line with our expectations outlined in Five Macro Themes for 2018 , 3 January 2018. Our...

Market movers today In the euro area, consumer confidence for April is due to be released. Consumer confidence has stagnated at 0.1 for the past two months, after rising steadily throughout 2017 and...

We think now is the time for the Riksbank to push rate hikes beyond 2018.We expect the ECB to delay the first rate hike from June 2019 to December 2019. Increase exposure in FRAs and move receiving...

New ECB call: We expect a first rate hike of 20bp in December 2019, i.e. after Mario Draghi's reign ends (October 2019). Previously we expected 10bp in June 2019.We postpone our estimate of the ECB's...

We see clear signs that the global business cycle has peaked in early 2018 in line with our expectations outlined in Five Macro Themes for 2018 , 3 January 2018.Our MacroScope models point to a...

Market movers todayToday, we have a very light data calendar. In the UK we get retail sales numbers for March, where consensus is for a slight pickup, but the series is very volatile. In the US, we...

Market movers todayIn the euro area, the final HICP figures for March are due out. The initial prints surprised on the downside, where non-energy industrial goods in particular were a drag on core...

Market movers todayToday, we will get the UK labour market report for February. We expect the annual growth rate of average hourly earnings excluding bonuses (3M average) to increase to 2.8% y/y from...

EUR/NOK. Fundamentally, we still see an appealing case for why the NOK should strengthen over the coming year on not least broader-based Norwegian growth, valuation and relative rates stemming from...

Starting on Tuesday 17 April, Swedbank Hypotek is set to introduce a new loan that matures on 20 December 2023, within the benchmark programme.The coupon rate is set at 1% and the ISIN code is...

We see a few factors that will be very supportive for Swedish rates over the next couple of months. Seasonal flows. Index rebalancing and positioning. Very low supply. On top of the supportive...

The latest IMM data covers the week from 3 April to 10 April 2018To read the entire report Please click on the pdf File Below:

Market movers today In a week with few important data releases and scheduled events, we expect markets to remain focused on global politics - there have been encouraging signs on trade policy lately...

The pendulum keeps swinging in the US-China trade conflict. Recently tensions eased following Xi Jinping's speech at the Boao Forum signalling a more rapid pace of opening up and cutting tariffs on...

Market movers ahead In a week with few important data releases and scheduled events, we expect markets to remain focused on global politics - there have been encouraging signs on trade policy lately...

Core inflation set to plunge in April.To read the entire report Please click on the pdf File Below: