Danske Markets

On Thursday, focus for the NOK turns to OPEC, which is meeting to discuss an extension of the current deal to cut output, which ends in March 2018.OPEC is set to extend production cuts by nine...

The latest IMM data cover the week from 14 to 21 November 2017To read the entire report Please click on the pdf File Below:

Market movers today Another quiet day. US Fed chair nominee Jerome Powell's confirmation hearing in the Senate Banking Committee begins today. We expect his approval to be plain sailing despite him...

EUR/SEK - a 'housing risk premium' has (fairly in our view) hit the SEK and we expect the cross to test 10.00 near term.EUR/NOK - expect stabilisation but the NOK leg remains vulnerable in the month...

Market movers today Today is very quiet in terms of economic data releases and events. In Sweden, household lending will give additional input on the consumer reaction to recent developments. Fed...

We have a busy calendar in Sweden . Main focus in Q3 GDP data. Our models suggest Q3 calendar-adjusted GDP continued the pace seen in previous quarters, and we estimate 3.3% y/y, which is slightly...

Market movers ahead In the US we expect PCE inflation to moderate to 1.5% y/y in October in line with CPI numbers, due to negative contributions from the energy component. We forecast a rebound in...

Fed increasingly worried over lack of inflation - US curve flattening continues.The ECB could decouple the QE decision from the inflation outlook - EUR/USD upside risks remain in 2018. Riksbank...

Market movers today In the US, Markit PMIs for November are due for release. The large gap between Markit and ISM manufacturing narrowed in October and we expect this trend to continue (driven by both...

Inflation effect of higher EURSEK is highly uncertain.GDP still at cruising speed in Q3. Housing risk premium on EURSEK estimated. Heads up for PPM flows. To read the entire report Please click on the...

A calendar of key events in the Commodities Market for the next week.To read the entire report Please click on the pdf File Below:

Market movers today Yesterday we published a presentation on the Swedish housing market : What if Swedish house prices dropped 15-20%? While SEK has adjusted we believe Swedish rates have yet to...

Risks to 10Y yields have become more two sided.Scandi currencies take a knock in November. EUR/USD to trade within range for now but still higher in 2018. To read the entire report Please click on the...

Background : in December every year, the earned pension rights within the Swedish pension system are disbursed. We expect it to be on Monday the 11th this year. We expect SEK39- 40bn (up from SEK38bn...

The housing market poses a risk to Swedish growth and the inflation outlookThe krona is feeling the pain but rates market yet to adjust To read the entire report Please click on the pdf File Below:

Market movers today In the US, we will get the FOMC minutes from the October/November meeting and core capex orders for October. The last FOMC meeting revealed no new information and we do not expect...