Danske Markets

Market movers today A busy day ahead of us as we have PMI's for the US, euro area, Japan and Germany plus central bank events. We expect PMI's in all countries to deteriorate from their current levels...

Higher uncertainty and weaker global growth strengthen the case for further Fed easingOn Friday, we updated our Fed call and we now expect five more 25bp cuts (one at each of the next five meetings),...

Market movers today Today, we have a light calendar where we mainly look out for the final euro area inflation figures at 11:00 CEST. The flash estimates showed overall HICP inflation at 1.1% y/y and...

Today, I argue why Germany should immediately ease fiscal policy. In recent weeks, speculation has intensified that the German government is mulling fiscal stimulus. In my view, it might take some...

Market movers aheadIn the US, we expect manufacturing PMI to tick below 50. On the Fed, we will look out for the FOMC minutes and the Jackson Hole Conference. In the euro area, the fragile...

Is the SEK market wrong pricing a rate cut? Long end remains too steep - flatten 10Y-20Y versus steepening 2Y-5Y. Update on existing recommendations - take profit on SEK 2Y versus EUR widener. SEK:...

Market movers today This morning we have updated our Fed view and now expect the Fed to cut by 25bp at each of the next five meetings taking the target range to 0.75-1.00% at the March meeting . We do...

Market movers today Financial markets will be looking to the developments in Hong Kong amid the stand-off with China, while also, any response from China to the delay in the US imposing tariffs until...

Market movers today In the euro area, the main focus is on the German Zew. We expect the Zew to decline further and hence continue to point to a gloomy outlook in the uncertain global environment and...

Market movers ahead News on the US-China trade war will continue to be in focus. The next key event is scheduled trade talks in Washington in September.Any comments by members of the Fed and ECB will...

U.S.-China trade tensions reached a new low point this week. China is waving the 'rare earth card' in a sign of what might come next if Donald Trump adds more tariffs. USD/CNY broke through the 7...

EUR/USD FX forwards fall on Fed cut and expectations of moreOIS basis has widened in past months on turn repricing and debt ceiling suspension EUR/USD FX forwards out to 5M are priced about...

Market movers today In terms of economic data releases, it is another quiet day today. In the UK, the monthly GPD indicator for June (and hence the full estimate of Q2 GDP) is released at 10.30 CEST,...