Danske Markets

Today, focus will be on inflation in Scandinavia, with the release of the Norwegian and Danish CPI inflation figures. Later this week, the Swedish Prospera inflation survey is due to be released.In...

The latest IMM data cover the week from 27 June to 3 July 2017To read the entire report Please click on the pdf File Below:

In terms of employment growth, the June jobs report was strong.Jobs report underpins the Fed's dilemma: unemployment and (wage) inflation are low at the same time (the opposite situation of the...

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

The main release today is the US jobs report for June. We expect employment rose 180,000 due to strong ISM and Markit PMI employment indices but yesterday's ADP jobs report puts some downside risks to...

There is much noise but June inflation was probably low.We look at the Riksbank and money-market rate spreads. Reading the Markets Sweden will now take a break for a few weeks. To read the entire...

Not much new in the FOMC minutes from the June meeting.Most interestingly, the minutes revealed that 'several preferred to announce a start to the process within a couple of months' supporting our...

US jobs report for June will probably turn out somewhat better than the previous three reports.We expect employment rose 180,000 with the unemployment rate unchanged at 4.3% in June. Average hourly...

Market movers today Today at 13:30 CET in the euro area, the ECB minutes from the June meeting are due out, when the ECB changed its forward guidance on policy rates. These accounts have sometimes...

Relative monetary policy and strong DKK fundamentals have left DKK unscathed by the 4% rally in EUR since mid-April.We forecast EUR/DKK will trade around 7.4400 on a 1-12M horizon. We recommend Danish...

Market movers today Today, PMI services indices in June for several countries are due out. Especially the UK index may attract attention, as both the manufacturing and construction indices fell,...

QE figures for June showed that German PSPP purchases are running below what the capital key suggests and remain biased towards the short-end. The average maturity of the German purchases increased...

The FX reserve was unchanged in June at DKK464bn as Danmarks Nationalbank (DN) stayed on the side-lines in the FX market for the third straight month.EUR/DKK traded at the low end of the historic...

North Korea overnight carried out its most advanced missile test so far with the launch of what was probably an intercontinental ballistic missile (ICBM).The test underlines that North Korea is not...

Today's most important event will be the Riksbank announcement at 09:30 CET. We expect the Riksbank to remain on hold but follow Norges Bank's suit by removing its small rate cut probability in the...

A rise in June PMIs point to fewer downside risks for the Chinese economy in the short term. Still, most of our preferred leading indicators point to a weaker cycle in H2. As the slowdown materialises...