Weekly Focus: Global growth losing steam

New research from Danske Bank Markets Market movers ahead The market will monitor incoming opinion polls ahead of the second round of the French Presidential election. The FOMC is set to meet on Wednesday. We do not expect major changes in monetary policy or the statement. We expect the US labour market report to show…

Danske Daily – 28 April 2017

New research from Danske Bank MarketsMarket movers today Today brings US GDP figures for Q1. The Fed Atlanta GDP nowcast shows growth in Q1 of 0.5% q/q AR, soft data indicates growth in the region of 1.5-2.0%. We expect to land somewhere in between and forecast GDP growth of 1.0% q/q AR in Q1. We…

Danske Daily – 27 April 2017

New research from Danske Bank MarketsMarket movers today Today’s main event is the ECB meeting. Following the latest ECB meeting in early March, market participants have speculated about the sequencing of the ECB’s exit strategy and some weeks ago, the market priced in a 10bp deposit rate hike from the ECB at the end of…

Danske Daily – 26 April 2017

New research from Danske Bank MarketsMarket movers today We have a relatively light calendar today, with only a few data releases in store. The aftermath of the French elections is likely to fade as focus shifts towards the ECB monetary policy meeting tomorrow. In Sweden, April business and consumer confidence are due out. In general,…

Danske Daily – 25 April 2017

New research from Danske Bank MarketsMarket movers today The ECB’s Bank Lending Survey is due for release. The latest report from January showed that loan growth continued to be supported by increasing demand across all loan categories, while credit standards (i.e. banks’ internal guidelines or loan approval criteria) for loans to enterprises tightened somewhat in…

Danske Daily

New research from Danske Bank MarketsMarket movers today Attention during the first hours of trading will be on the market digesting the outcome of the first round of the French presidential election which was held yesterday. See below in ‘Selected market news’. In terms of data releases, German ifo expectations are published. The figure is…

Weekly Focus: Elections set the agenda in Europe

New research from Danske Bank Markets Market movers ahead There are no clear favourites in the first round of the French presidential elections, in which several candidates are EU sceptics. The ECB meets during the week and will probably take the opportunity to dampen the expectations of higher rates that came in the wake of…

Danske Daily – 21 April 2017

New research from Danske Bank MarketsMarket movers today Markets are set for the big PMI day today, with releases out in the US, euro area and Scandi region alike and should give some hints as to whether our call that the business cycle is near a peak is starting to play out. In the US,…

Danske Daily – 20 April 2017

New research from Danske Bank MarketsMarket movers today A relatively quiet day once again on the data front, with the main release in the euro area being consumer confidence. The latest euro-area unemployment figures showed a decline in February to 9.5%, and such decent employment growth continues to support increasing consumer confidence, which we expect…