EURNOK having limited potentiality

Jun 26, 2015 08:35 am UTC| Commentary

The reaction in the interest rate market proves that Norges Bank was quite dovish in their comments, but EURNOK never managed to climb above the high from the previous week at 8.87 (now an important level). Implied...

Grexit considerations

Jun 26, 2015 08:28 am UTC| Commentary

As the threat of Grexit has risen, the ECB and Euro-area countries are found to have sufficient tools to prevent severe contagion and another sovereign debt crisis.Widening between German and Italian 10-year spreads is...

Singapore's IP recovered in May

Jun 26, 2015 08:03 am UTC| Commentary

Singapores May IP recovered at a pace close to expectations, with the contraction easing to -2.3% y/y from -9.1% in April (consensus: -2.6%). On a seasonally-adjusted basis, output grew 2.4% m/m, only partly reversing...

Experts observe slow recovery in Sweden exports

Jun 26, 2015 07:54 am UTC| Commentary

The Swedish economy performs well. The domestic economy continues to expand at a healthy clip, whereas the recovery in exports is slow. Employment remains on an upward path and bottlenecks have started to occur on the...

ECB to publish its May monthly money supply data today

Jun 26, 2015 07:25 am UTC| Commentary

The acceleration in growth, however, is partly the result of portfolio shifts and weakness in the euro (leading to higher net-external assets). More interesting will be the lending figures that come with this report."The...

Danish mortgage market hit by duration extension, still expected to worsen?

Jun 26, 2015 07:13 am UTC| Commentary

The increase in rates since late April has hit the Danish fixed income market severely.The negative convexity in the callable bond market combined with the increase in rates has once again shown that it can be dangerous....

ECB purchases to set the tone for Finnish bonds

Jun 26, 2015 07:08 am UTC| Commentary

Finnish bonds saw modest underperformance following the message from Moodys, ECBs purchases convince that will set the course for markets in the coming months, especially in July and August, when trading volumes in general...