| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

U.S. personal income and spending rose less than expected in August

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Best Gold Stocks to Buy Now: AABB, GOLD, GDX

U.S. vehicle sales fall again in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Canada's economy shows growth in July, but growth stalled in

RBI’s Liquidity Push: Easier Funding, Softer Yields, But a Weaker Rupee

Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

South Korea Warns Weak Won Could Push Inflation Higher in 2025

FxWirePro: Daily Commodity Tracker - 21st March, 2022

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated

Swedish economic sentiment indicator rises in November

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

©Econometrics LLC . All Rights Reserved.

Denmarks Nationalbank likely to stay on hold

Wednesday, November 4, 2015 4:04 AM UTC

In October, Denmark's FX reserves declined to DKK492bn, from DKK514bn in September. DKK10bn of the decline was due to DN purchasing DKK in FX intervention.

The remainder was due to repayment of government foreign debt. Since April, DN has purchased DKK in FX intervention for DKK223bn, which has brought the FX reserve closer to the level from last year of around DKK450bn.

However, the pace of FX intervention slowed in October compared with September, where FX intervention totalled DKK22bn. The ECB is likely to cut its deposit rate by 10bp to minus 0.30% and expand its bond purchase programme to DKK75bn at its next meeting in December.

"DN might keep all its policy rates unchanged, i.e. the rate of interest on certificates of deposit is likely to stay at minus 0.75%, the current account rate at 0.00% and the lending rate at 0.05%", added Danske Bank.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Jimmy Lai Faces Sentencing as Hong Kong Security Trial Nears Conclusion

Allegiant to Acquire Sun Country Airlines in $1.5 Billion Deal to Expand U.S. Leisure Travel Network

Trump Reignites Greenland Takeover Claims, Citing U.S. Security and NATO Tensions

Who Is Li Chenggang? The Diplomat Shaping U.S.-China Trade Talks

U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation

Israeli Fire Kills Palestinians in Gaza as Ceasefire Tensions Escalate

U.S. Lawmakers Split Over Military Action Against Iran Amid Rising Unrest

Russia Launches Overnight Air Attack on Kyiv, Causing Fire as Air Defenses Respond

Jerome Powell Says Trump Administration Threatened Criminal Charges Over Fed Testimony

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Denmarks Nationalbank likely to stay on hold

Editor's Picks

Welcome to EconoTimes