Tag Archives: EUR/DKK
Ukraine tensions ease pave way for service PMI focus before ECB
Risk appetite has continued its recovery overnight after Ukraine-Russia tensions eased somewhat yesterday.
Scandi markets ahead: PMIs on the agenda and focus on inflation at the Riksbank
We expect Swedish manufacturing PMI to continue its recent see-saw pattern anddecline. However, we believe it will remain above the critical 50 line, indicatingcontinued expansion.
Scandi markets ahead: Weak Swedish GDP expected, more upside for NOK/SEK and government bond auctions in Sweden and Norway
The main event in Sweden will be the Q4 13 GDP figures. Our preferred indicator,the ‘Danske Activity Index’ points to an outcome below 1% y/y (0.2% q/q), which isalmost 0.5pp below the Riksbank forecast.
Scandi markets ahead: Low inflation in Sweden and high inflation in Norway
Main event in Sweden will be the January inflation figures. The January numbersare always scary stuff since Statistics Sweden performs a reweighting of thecomponents,
Scandi markets ahead: Riksbank meeting, Inflation data and government bond auctions
In Sweden, the Riksbank monetary policy decision (due Thursday at 09:30 CET) willdominate the week ahead and, with a high degree of confidence, we expect nochange in the repo rate.
Scandi markets ahead: Swedish and Norwegian PMIs and DGB auctions in Denmark
In Sweden we are particularly interested to see how industrial production fares(Friday 08:30) following the very strong reading in November.
Swedish Inflation and upward pressure on EUR/DKK
In Sweden, the week ahead is set to peak on Tuesday as Statistics Sweden publishes December 2013 inflation. It looks as if CPIF inflation in December will fall slightly short of the Riksbank’s forecast, at 0.5% y/y instead of 0.6% y/y.
Scandi markets ahead: Riksbank rate cut this week
We expect the Riksbank is likely to cut the repo rate this week. We would also not besurprised to see something more/else, with the most likely course of action being adownside premium in addition to the cut.
Scandi markets ahead: Inflation and government bond auction week
Swedish November inflation data are published on Thursday. We expect a slighttightening of the deviation from the Riksbank’s latest CPIF forecast from 0.4pp to 0.3pp.
Scandi markets ahead: Another soft Norges Bank Monetary Policy Report
We argue that the Riksbank remains wrongly priced. Over the last week the Swedish fixed income market has priced out some of the Riksbank rate cut expectations for the next two meetings and
FI Viewpoint: xCcy basis swap monitor
In this note, we look into recent development on the xCcy basis swap markets. The focus is tilted towards scandi currencies.
European FI Strategy – The heat is on
Market talk To QE or not to QE, the question for the Fed, and soon maybe the ECB…