Danske Markets

Market movers today In the euro area, the ECB minutes from the July meeting are set to be released today. Focus will remain on discussions related to extension of the QE programme. At the meeting, the...

EUR/NOK. We have reached our 1M forecast of 9.30. As written in the last update, we think the near-term downside potential from here is more limited for two reasons. First, given below target...

Market movers today In the UK, the key release today is the labour market report for June. Average weekly earnings growth has decreased in recent months and the subdued wage growth highlights the lack...

We have been arguing for a while that for the rest of 2017 we should expect range trading in most fixed income markets. We keep this view unchanged in this issue of Yield Outlook. But importantly we...

Swedish inflation in July (CPI 2.2% y/y and CPIF 2.4% y/y) solidly breached the 2% line and (again) exceeded our expectations.Something remarkable is happening in the sense that the acceleration is...

A turn in the US cycle, FI positioning suggest upside potential in USD/JPYFed to continue policy normalisation, BoJ to maintain accommodative stance We recommend buying USD/JPY To read the entire...

Market movers today The UK CPI inflation figure for July released today is likely to attract significant attention. The development of inflation will be scrutinised because it will be a key factor in...

Pay 5Y SEK vs EUR in a spread @ 21. P/L: 35/10. 6m carry & roll down: -7.4bp (-4/-3.4bp). To read the entire report Please click on the pdf File Below:

The latest IMM data covers the week from 1 August to 8 August 2017To read the entire report Please click on the pdf File Below:

Italy is frequently mentioned as the potential biggest risk factor in the euro area. Given the current market complacency about Italian risks, we discuss the potential triggers for renewed market...

Focus will be on whether US-North Korea tensions ease further. Note also that US President Trump is set to sign a memorandum today initiating an inquiry regarding the Chinese intellectual property...

We expect the ECB minutes released on Thursday to shed more light on how the discussion within the Governing Council on extending QE evolved.FOMC minutes are due for release next week. We expect focus...

A military confrontation between US and North Korea is a low-probability but high-impact event for markets.Current risk aversion is likely to be temporary although it will be bumpy and...

Market movers today In the US, CPI and CPI core for July are released today. Both inflation measures have been declining rapidly since February and are currently far below the Fed's 2% target and...

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 focus will be on the escalating tension between the US and North Korea over North Korea's missile programme.In the UK, industrial production and construction data for June are out today. This...