Danske Markets

Market movers today The final euroarea PMI is expected to be unchanged from the Flash estimate (following the release of PMIs in Italy and Spain). The euro Sentix survey, which is a measure of...

This week the scorecard recommends buying SEK, JPY and CHF while selling NZD, EUR and USD. Last week's SEK sell-off seems overdone according to the model, and the scorecard recommends buying SEK this...

Market movers ahead We believe the ECB should keep all policy rates unchanged at the meeting next week. However, we expect Mario Draghi to be very dovish and a signal rate cut could be coming. Given...

One of the key trends over the past years has been the end of the super-cycle in commodity prices. It has not had much attention in financial markets but, in our view, it has very important...

We expect the ECB to keep rates unchanged at next Thursday's meeting. However, we also expect the ECB to signal a 25bp refinancing rate cut in December (see, Flash Comment: ECB expected to cut the...

Friday's Market Movers The calendar is dominated by PMI releases. The first will be UK manufacturing PMI for October, which we expect to correct slightly from its current elevated level. In the US...

FX Intervention Closer Than EverThe nervousness ahead of next week's monetary policy setting meeting in the Czech Republic is rising. Even though the key policy rate is at a technical zero of 0.05%...

Market movers today Euroarea inflation in October is expected to have been pushed up by the Italian VAT increase, while lower energy prices and subdued wage inflation have pulled in the other...

Market movers todayThe statement from the October FOMC meeting is due for release tonight at 19:00 CET. We expect the FOMC to strike a more dovish tone than in September, given that recent data...

Buy the Dec 14/15/16 Euro$ (short belly) at -42bp (BGG: BEDZ4Z6 Comdty) Scale in: ½ position at-42bp and the possibility of another ½ position at -54bp Levels: Target at -20bp, Stop...

Market movers today Today's main economic release is US retail sales for September. The data were collected before the distortion from the government shutdown and political mess. We expect the core...

New research from Danske Bank MarketsIn September, Danish investors net purchased foreign shares for the third consecutive month.Foreign investors net purchased Danish shares and government bonds and...

Market overviewDomestic political squabbling over the US budget has dominated the news in October, though the financial markets took the crisis more or less in their stride. Nevertheless, a final...

Market movers today US manufacturing production growth has been subdued over the past six months and leading indicators are sending mixed signals. The ISM manufacturing suggests a significant...

This week the scorecard recommends buying the AUD, EUR and NOK while selling the SEK, USD and CAD. Following last week's weakening, this week the scorecard recommends buying AUD. The interest rates...

After last week's rather uneventful Riksbank meeting, we keep our view that the Swedish money market will continue to price the Riksbank 'low for longer' and we would not be surprised if financial...