Danske Markets

We expect a hawkish tone from the ECB at the meeting in June after it was perceived as slightly dovish at the latest meeting (see ECB review: Less downside risk to growth but no change to inflation ,...

In Sweden , the week ahead contains only one thing of any major interest and that is the release of industrial data (orders, production, etc) on Wednesday at 09.30 (CEST).In Norway , the week's most...

Market movers today We face an important week in terms of the economic data calendar .Not least, Thursday will bring a key session with the ECB meeting, the UK general election and James Comey due to...

The latest IMM data covers the week from 23 May to 30 May 2017To read the entire report Please click on the pdf File Below

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

The UK election has suddenly become much more exciting, as recent polls indicate a high risk of a hung parliament.Momentum has turned more bearish GBP and as speculative accounts have cut back on...

Market movers ahead In the euro area, the June ECB meeting is on Thursday. Focus will be on potential changes to the forward guidance in a less dovish direction. However, we do not expect the ECB to...

Has global inflation passed the zenith?Flattening real rate curve as inflation fades. The Swedish krona from a cyclical perspective. Update on our trading recommendations. To read the entire report...

Market movers today Today, the US jobs report for May is due, one of the last important data releases ahead of the Fed's meeting later this month. We forecast nonfarm payrolls rose 170,000 in May but...

The big decline in Caixin PMI manufacturing for May confirms that the downside risks to Chinese growth are increasing. China is set to weigh on the global business cycle and has turned from a...

Today we have PMI releases for May in the UK, Norway, Sweden, Spain and Italy, and US ISM manufacturing.In the US, we will also get the ADP job report where the market consensus is for 180,000 new...

Downward revision of global growth but still a moderate recoveryTrumponomics not set to lift US growth Chinese policy tightening to put brake on growth Europe currently a bright spot but not immune to...

Market movers today We have a heavy data calendar ahead of us in the euro area with unemployment and inflation being released at 11:00 CET today. We expect the euro-area headline HICP inflation figure...

Cross looks overbought on short-term factors. Unhedged equity inflows to fade.We see two major roadblocks for another uptick near term: the ECB and Fed. Sell EUR/USD spot (ref. 1.1167) for short-term...

Market movers today Focus today will be on inflation in the US and Germany, which will provide an important gauge of the underlying inflation pressures after a couple of months with volatile readings...

For years Swedish GDP-growth has been admirably strong, averaging 2.75% since 2010. As a case in point, in 2016 GDP-growth was a strong 3% y/y (vol., w.d.a.).In our book, the high growth rates are...