Danske Markets

EUR/SEK - add short starter position on spikes towards 9.80. Await clear trigger before adding full short position.EUR/NOK - continue to play weak leg in NOK going into year-end. Look to sell cross on...

Market movers today We have no global tier-1 data set for release today. The euro area is due to release Sentix confidence, where we look for a small rise from an already high level. Some central bank...

The latest IMM data covers the week from 24 October to 31 October 2017To read the entire report Please click on the pdf File Below:

Market Movers ahead We are heading for a very quiet week with no big movers in the US or Europe. In the UK, Brexit negotiations will continue on Thursday. China is due to release inflation and FX...

A calendar of key events in the Commodities Market for the next week.

On 1 November 2017 we recommended to buy EUR/GBP spot, with a target of 0.90 and stop loss at 0.8625. See Danske Bank FX Trading Portfolio: Buy EUR/GBP for details.As such, we still expect relative...

Volatility has continued to fall, as central bank predictability is considered high and the macroeconomic outlook looks increasingly stable.We argue that this bodes well for continued focus on 'carry'...

Market movers today In the US, the labour market report for October is due out. We estimate employment growth in October was 300,000, as other indicators have shown the labour market has recovered...

Riksbank minutes.Update on trading recommendations - reduce exposure to the 5Y point. Heading for a year-end squeeze? To read the entire report Please click on the pdf File Below:

As expected, the Bank of England (BoE) raised the Bank Rate by 25bp from 0.25% to 0.50%, with the vote count 7-2 in line with our expectation but against the consensus view of a 6-3 vote count.The...

The latest batch of PMI data and our preferred leading indicators suggest that Chinese growth has peaked after a brief re-acceleration after the summer.Especially indicators for the housing market are...

Market movers today Today's most important event is the Bank of England meeting in the UK. We expect BoE to hike the Bank Rate by 25bp to 0.50% from 0.25% in line with consensus and market pricing...

We look for EUR/USD to remain range bound over the next three months within the 1.1479-1.1880 interval.Near-term risks are on the downside from both USD (risk of Fed repricing, US tax reform progress)...

As expected, the Fed decided to maintain the target range at 1.00%-1.25% at this meeting.Also as expected, there were no major changes to the statement. As expected, the Fed still says that it is...

There are a few reasons why we see a squeeze in short-end bonds ahead of year endbut possibly into 2018 as well .To read the entire report Please click on the pdf File Below:

EUR/SEK - play 9.65-9.80 range tactically. Sell cross on strategic basis on spikes towards 9.80.EUR/NOK - continue to play the weak leg in NOK going into year-end. Look to sell cross on spikes towards...