Riksbank’s QE likely in September
Aug 20, 2015 06:46 am UTC| Commentary
Riksbanks QE will speed up after the summer holidays, and it is massively larger than ECBs relative market size. By end of August Riksbank will have bought more than 14 % of the stock while ECBs number is less than 4%,...
Danish Callable market continues to be stable
Aug 20, 2015 06:32 am UTC| Commentary
The Danish callables market has stabilised for now, after the first half of 2015 which gave us massive issuance and early redemptions. The likelihood of large-scale early redemptions has now fallen greatly as outstanding...

Danish Central Bank's accelerating intervention in FX market
Aug 20, 2015 06:27 am UTC| Commentary
Since the beginning of April, the Danish central bank has bought Danish kroner for around DKK 160bn to counter an unwarranted weakening of the currency against the euro. This relatively strong intervention has triggered a...
Swedish economy to post 3% growth rate in 2015
Aug 20, 2015 06:20 am UTC| Commentary
The Swedish economy has developed pretty much as expected since the Riksbanks monetary policy meeting in July. Growth seems to be set for close to 3 % this year, employment and labour supply continue to increase (making...
Chinese economic activity could pose risks to U.S. economic outlook
Aug 20, 2015 06:10 am UTC| Commentary
The low level of inflation and wage inflation is creating doubts in the U.S. economy. Some participants cited downside risks to inflation, pointing to the absence of any noticeable response of inflation to the reduction in...

Investors positioned for Fed hikes in FX
Aug 20, 2015 05:41 am UTC| Commentary Central Banks
In terms of positioning, USD longs are still near peak levels with every currency net short versus the dollar currently, suggesting investors are positioned for a Fed hike in FX markets. Barclays expects the Feds rate hike...
Commodities selloff looks to be nearing an end
Aug 20, 2015 05:30 am UTC| Commentary
A bottoming in commodity prices is important for inflation expectations and bond yields, which have fallen in concert"The plunge in global IP growth in H1 has weighed considerably on oil and commodities, and a turn in...