Danske Markets

Market movers todayThere are no significant market movers today. Focus will be on the US and China relationship and the risk of a trade war between the two. The EU Summit in Brussels continues today....

The Bank of England maintained monetary policy unchanged but two BoE members (Ian McCafferty and Michael Saunders) voted for an immediate rate hike (vote count 7-2 for an unchanged Bank Rate). While...

Market movers todayThere are a number of interesting data releases today. Furthermore, financial markets will also look out for new trade measures from the US versus China and possible counteraction...

The Fed maintained the three rate hikes signal for this year (close call between three and four) and revised the signal for next year up to three hikes, as expected. We still expect the Fed to...

EUR/USD is unmoved by the uptick in Libor rates as the short-rate spread fails as a driver.However, we stress the risk of USD support on shorter horizons from an uptick in US real yields as the...

We have revised our forecast for Finnish GDP slightly higher for 2018 and now expect it to grow by 2.4%. Growth boosts government tax revenues and the general government deficit is close to a balance...

Market movers todayThe main event of the day is the FOMC meeting , the first with Jerome Powell as Chair. We expect the Fed to increase its target range by 25bp to 1.50-1.75%, as the economy is...

Risk of trade war looms US president Donald Trump has long advocated trade restrictions that would benefit US industry. His stance had remained a mere threat until this month, when he announced the US...

Market movers todayWith no major data releases, financial markets are likely to be in wait-and-see mode ahead of the FOMC meeting tomorrow. The G20 finance ministers and central bank governors'...

We continue to expect the ECB to raise the deposit rate by 10bp in Q2 19, also after weighing the arguments for the size of the hike in this note.The degree of subjectivity regarding the first hike is...

The latest IMM data covers the week from 6 March to 13 March 2018Below you find the video..

Market movers ahead Markets are still focusing on the risk of a full-blown global trade war , as US President Donald Trump is likely to announce protectionist measures against China soon. We expect...

EUR/NOK. We have seen EUR/NOK move sharply lower in the first months of the year as foreign investors have returned to the NOK market amid improved fundamentals and higher NOK rates. In the near-term...

Trump takes further steps against globalisation.While an all-out trade war is still not our base case, risks remain as long as further trade measures are looming. The USD a likely victim of increased...

Riksbank's April meeting: first hike delayed to Q1 19Reduced 2s5s10s curvature vs EUR has been driven by relative flattening of the 2s10s curve Weak price development for apartments in suburbs in...

Market movers today In the US, industrial production data for February is due out. PMIs for February indicate that US manufacturing expansion continues. Still, numbers concerning industrial production...