Danske Markets

EUR/CHF has tested post SNB floor exit highs as 'reverse gravity' has kicked inWe have upped our 12M EUR/CHF forecast to 1.20 as an SNB exit will lag ECB. Mind the downside risks due to North Korean...

Market movers today Today is set to be another quiet day in terms of data releases. In the US, the NFIB Index of Small Business Optimism for July will be released. Since the index soared at the end of...

The third round of Brexit negotiations is set to take place in Brussels between 28 August and 4 September. The finalisation of the first phase of the negotiations may be postponed till the EU summit...

Market movers today There is a relatively quiet week ahead in terms of data releases, including today. In the euro area, we get numbers for the Sentix investor confidence today, which we expect to...

The latest IMM data covers the week from 25 July to 1 August 2017To read the entire report Please click on the pdf File Below:

Market movers ahead We estimate CPI core inflation for July is unchanged at 1.7%. Inflation remaining low should keep the US Fed on a cautious path in its normalisation of monetary policy. German...

The combination of lower unemployment and better wage data sent EUR/USD slightly lower on the announcement, as it supports the Fed's case for announcing 'quantitative tightening' (shrinking the...

Strong growth, falling unemployment and higher core inflation should be what the ECB hoped for ahead of its QE decision - but the stronger euro is the 'party pooper'The headwind from the stronger euro...

The outlook for global investments is becoming more positive.A self-reinforcing capex recovery could strengthen global growth and leaves upside risk to our global growth forecasts. We look for...

Market movers today Today all eyes will be on the US employment report. We expect that nonfarm payrolls rose 175,000 in July but markets will focus on the unemployment rate and wage growth. We expect...

The Bank of England maintained the Bank Rate at 0.25% and kept targets for bond purchases as expected. The vote count was 6-2, which was in line with our call, but against the view of some houses. We...

CNB unanimously decides to raise policy rate by 20bp to 0.25%, citing pro-inflationary risk and strong wage and housing price growth.We expect the CNB to stay on hold for the remainder of this year...

The latest round of PMI data for July as well as rising commodity prices points to a mid-year rebound in Chinese activity.This is a bit at odds with most of the leading indicators we follow. We...

Focus today will be on the Bank of England (BoE) meeting, with the subsequent press conference of Governor Carney and the publication of a new Inflation Report. We expect the BoE to vote 6-2 in favour...

Market movers today Today is a relatively quiet day in terms of data releases. In the UK, the construction PMI is due to be released, which is estimated to have moderated further in July as Brexit...

Market movers today Today, the euro area GDP figures for Q2 are due out, and we estimate growth of 0.5% q/q. The solid euro area recovery should have continued in Q2, also reflected in the declining...