Last week the European credit market moved more or less sideways. iTraxx Main was unchanged at 72bp, while iTraxx Crossover widened marginally to 292bp.
It was a fairly quiet week on the Scandinavian credit markets, with low new issuance activity and little company-specific news.
The financial markets will be looking forward to Thursday (ECB meeting) and to Friday which brings the US November jobs report.
This week we have initiated a new investment grade Trade Idea - Buy DFDS NOK 2016.
To Read the Entire Report Please Click on the pdf File Below