Danmarks Nationalbank has raised its GDP growth forecast for the Danish economy, noting that it has been in recovery “for some time already”. GDP growth is forecast at 2% this year and expected to be 2.1% in 2016 and 1.8% in 2017. This means the bank has upped its 2015 forecast by 0.3%, or 30 […]
Denmark’s central bank has confirmed that its auction of a 0.25% bullet loan 2020, planned for 4 February, has been cancelled – this following last week’s notice from the bank and the Ministry of Finance that new calculations show the country sold more bonds than its funding requirement called for through the past year. In […]
Finanstilsynet, the Danish FSA, has said that local banks remain strong after the European Banking Authority published the final results of its EU-wide capital exercise.
Danske Markets says that if the ECB lowers rates today against its own expectations, then focus in Denmark will immediately switch to the Danish central bank and possible rate changes at 16.00 CET.
Danmarks Nationalbank has confirmed that it will sell 1.5% 2023 bonds up to a value of DKK5bn on 4 September.
Balance sheets of Danish investment funds (“Investment Associations”) show that local investors have been shifting their profile towards taking on more risk, according to statistics published by the country’s central bank.
Today’s cut in interest rates by Danmarks Nationalbank puts the country on track for an effective zero-rates policy, according to commentary from Danske Bank’s Danske Markets analysts.