Danske Daily – 15 September 2017

New research from Danske Bank Market movers today Following the upward surprise in US CPI inflation yesterday, focus on the macro front today turns to US retail sales for August, which we estimate increased by 0.3%. Preliminary consumer confidence for September from the University of Michigan is also released. Like business confidence, consumer confidence is…

Danske Daily – 14 September 2017

New research from Danske Bank Market movers today In the US, CPI inflation for August will attract more attention than usual given that they will give the Fed its last impression of underlying price pressure before the FOMC meeting on 19-20 September. Out of the past five months, CPI headline has fallen in three and…

Danske Daily – 13 September 2017

New research from Danske Bank Market movers today In the euro area, the employment figure for Q2 is due for release on Wednesday. We estimate the improvement in the labour market continued in Q2, which has been indicated by strong PMI employment indicators throughout the quarter. Specifically, we expect employment growth of 0.4% q/q in…

How to check Danske Bank forex trading positions

Go to http://www-2.danskebank.com/danskeresearch and click Forecasts on the left. Click Danske Technical Update on the left. Forex trading positions are presented in pdf document. It is updated every day in the morning.

Research Japan: Running on all engines

New research from Danske Bank Japan is showing itself to be in good shape as the economic upswing is the longest standing since the crisis. We expect growth to continue through fiscal 2017, supported by a very strong labour market, the global economic recovery and extremely accommodative economic policies. As fiscal stimulus wanes next year,…

Danske Daily – 12 September 2017

New research from Danske Bank Market movers today On a day with only tier-2 data out on the global front, focus is likely to continue to be on the situation with North Korea, where markets will digest the UN vote yesterday. Further reports on the cost of Hurricane Irma may also affect whether the boost…

Carry Trade Strategy

SWAP (swap transaction is also called rolover and overnight) – this is an operation to leave open positions for the next day for which we get or pay interest. The first swap transaction was an exchange of USD (US Dollar) on the CHF (Swiss franc), held in August 1981 between the American corporation IBM and…

Danske Daily – 11 September 2017

New research from Danske Bank Market movers today Norway is due to release inflation for August today where we look for a jump higher in core inflation to 1.5% y/y. Monday also sees parliamentary elections in Norway and it looks to be a very close race. Not only is it unclear which bloc will have…

Weekly Focus: Focus on inflation prints

New research from Danske Bank Market Movers ahead In the US , we expect inflation pressure remained muted in August. In the euro area , wage cost growth in Q2 will probably have been constrained by still broad labour market slack. We expect the Bank of England to keep the Bank Rate unchanged at 0.25%…