Economic Research

Generel help for Nykredit Online Add to bookmark Print this page

Short comments

Denmark: Continued low home loan growth (27 August 2014) Sweden: Significant upturn in overall confidence in August (27 August 2014) Denmark: Growing borrowing requirement in 2015 (26 August 2014) Denmark: Government's optimistic growth forecast hides multi-billion deficit (26 August 2014) Central banks: Divergence in Jackson Hole (25 August 2014) Sweden: Stronger than expected labour market report (21 August 2014) Denmark: Consumers took the lid off optimism in August (21 August 2014) Norway: Domestic demand spurs Q2 GDP (21 August 2014) Denmark: Central bank to keep rates on hold until end-2015 (12 August 2014) Sweden: What has happened during summer? (12 August 2014) Sweden: Inflation data suggest no more rate cuts in the current cycle (12 August 2014) Euro area: ECB has laid the stepping stones (12 August 2014) Norway: Import prices push inflation higher (11 August 2014) Denmark: Inflation edging up (11 August 2014) Finland: Russian sanctions another blow for the already hard-hit economy (8 August 2014) Sweden: July CPI preview (14 August 2014) Sweden: Industrial activity continues to disappoint (8 August 2014) Euro area: Summer holidays at the ECB (8 August 2014) Norway: Solid gain in manufacturing production (7 August 2014) Sweden: House prices continue to grow briskly (7 August 2014) Denmark: Unchanged number of forced sales in July – more bankruptcies (6 August 2014) Norway: Unchanged housing prices for the third month straight (5 August 2014) Euro area: ECB preview (5 August 2014) Denmark: No intervention in currency markets (4 August 2014) United States: Somewhat disappointing payroll report (1 August 2014) Norway: Surprisingly resilient labour market (1 August 2014) Euro area: Inflation continues lower (31 July 2014) Euro area: Slow labour market recovery continues (31 July 2014) USA: FOMC meeting without major surprises (31 July 2014) Denmark: Unemployment unchanged in June (31 July 2014) USA: GDP rebounds in Q2 (30 July 2014) Euro area: Sentiment stable at decent levels (30 July 2014) Denmark: New housing price rises in May (30 July 2014) Sweden: Disappointing NIER survey (30 July 2014) Sweden: Q2 GDP surprises on the downside (30 July 2014) Sweden: Q2 GDP preview (29 July 2014) Denmark: Danes very cautious about raising home loans (25 July 2014) Denmark: Strong summer performance in consumer confidence (23 July 2014) Sweden: Riksbank protocol without fireworks (16 July 2014) Sweden: Travel prices lift inflation (10 July 2014) Denmark: Inflation unchanged in June (10 July 2014) Denmark: Lower May imports improved trade balance (9 July 2014) FX Strategies: EUR/NOK (8 July 2014) Sweden: Negative deposit rates of minor importance (7 July 2014) Sweden: June CPI preview (7. juli 2014) Denmark: June forced sales slightly up – bankruptcies markedly down (4 July 2014) Euro area: ECB unveils second round of TLTROs (3 July 2014) Sweden: Full panic at the Riksbank (2 July 2014) Denmark: A helping hand from the ECB (2 July 2014) Denmark: Unemployment edged up in May (30 June 2014) Sweden: Small set-back in retail sales (27 June 2014) Denmark: Danes believe recovery has arrived (20 June 2014) Denmark: Housing prices up in 55 municipalities (20 June 2014) Sweden: NIER survey suggests a slow recovery (18 June 2014) Norway: Lower petroleum investments to weigh moderately on growth (17 June 2014) Finland: New Prime Minister to leave political direction intact (16 June 2014) Norway: Norges Bank preview (16 June 2014) Sweden: Renewed momentum in Swedish labour market (13 June 2014) Sweden: May CPI makes July cut a done deal (12 June 2014) Global overview: Low inflation is good (12 June 2014) Denmark: Agriculture leads the way out of crisis (11 June 2014) Sweden: May CPI preview (10 June 2014) Norway: Inflation remains above Norges Bank's path (10 June 2014) Denmark: Easter in April distorts inflation in May (10 June 2014) Denmark: Danmarks Nationalbank will not follow the ECB (6 June 2014) ECB rate meeting: Decent but not impressive (6 June 2014) Denmark: Slightly fewer forced sales in May (4 June 2014) Denmark: Housing market turnaround takes hold (4 June 2014) Sweden: Momentum in the services sectors continues to gain pace (4 June 2014) Denmark: Early summer holidays for Danmarks Nationalbank (3 June 2014) Norway: Slightly upward trend in unemployment (3 June 2014) FX: Can the ECB weaken the EUR? (3 June 2014) Denmark: Lowest unemployment level in almost five years (2 June 2014) Sweden: GDP shrunk in Q1 – but activity picked up (30 May 2014) Denmark: GDP figures positive reading from start to end (28 May 2014) Sweden: Q1 GDP preview (27 May 2014) Denmark: Interest rate forecast (27 May 2014) Sweden: Strong momentum in retail sales (26 may 2014) Denmark: Government too optimistic in 2015 – risk of new EU recommendation (26 May 2014) Sweden: Weak manufacturing confidence (23 May 2014) Denmark: Consumer confidence up in May for the third month running (21. maj 2014) Norway: Moderate GDP growth in Q1 (20 May 2014) Sweden: Employment keeps growing at a healthy pace (19 May 2014) Denmark: Declining import prices behind record-low Danish inflation (15 May 2014) Denmark: Inflation higher in April (12 May 2014) Sweden: April CPI preview (9 May 2014) Norway: Inflation remains above Norges Bank's path (9 May 2014) Denmark: Exports in good shape despite March decline (9 May 2014) Euro area: ECB press conference can be seen as preview for June action (8 May 2014) Euro area: ECB maintains interest rates unchanged (8 May 2014) Denmark: Light growth package with the right aim (8 May 2014) Global overview: Atlantic recovery taking hold (7 May 2014) Denmark: Impressive progress in manufacturing output (7 May 2014) Denmark: Spring and Easter brought out more home sellers (7 May 2014) Denmark: Bankruptcies slightly up in April (6 May 2014) Denmark: Forced sales up in April (6 May 2014) Norway: April shows the fourth housing price increase in a row (6 May 2014) Denmark: Danish central bank intervenes for the first time in 14 months (5 May 2014) Denmark: Further decline in homeowners' arrears at December payment date (2 Maj 2014) Sweden: Industrial production suggests negative QoQ growth in Q4 (10 January 2012) Denmark: Exports up in November (9 January 2012) Denmark: Surprising drop in unemployment in November (6 January 2012) Denmark: Less gloomy business sentiment (6 January 2012) Sweden: December CPI preview (6 January 2012) Denmark: Relatively few forced sales in 2011, historically (5 January 2012) Denmark: Stable number of bankruptcies (5 January 2012) Denmark: Currency reserves up again (4 January 2012) Norway: Increasing divergences in Norwegian economy (3 January 2012) Sweden: Riksbank in wait-and-see mode (3 January 2012) Denmark: Growth revised up against bleak background (22 December 2011) Denmark: Six months of declining consumer confidence (21 December 2011) Denmark: Government growth forecast in line with Nykredit's (21 December 2011) Denmark: Car sales defy drop in consumer confidence (20 December 2011) Sweden: Moderate revision of rate path (20 December 2011) Sweden: December rate decision is a close call (19 December 2011) Denmark: Housing market hit the floor in Q3 (19 December 2011) Denmark: Danmarks Nationalbank lowers interest rates again (15 December 2011) Denmark: Compliance with EU budget requirements possible (15 December 2011) Sweden: Continued brisk employment growth - but weakening trend (15 December 2011) Norway: A 50bp cut on the back of the intensified turmoil (14 December 2011) Sweden: Inflation a bit higher than expected (13 December 2011) Denmark: EU negotiations eliminate historical yield spread against Germany (9 December 2011) Denmark: Exports up in October – but downward trend (9 December 2011) Norway: Inflation stays muted (9 December 2011) Sweden: November CPI preview (9 December 2011) Denmark: Danmarks Nationalbank making history (9 December 2011) Sweden: Decent production, but orders are slumping (9 December 2011) Denmark: Few redundancy notices before Christmas (8 December 2011) Denmark: Another slowdown in manufacturing output (7 December 2011) Denmark: Most forced sales in Region Sealand (6 December 2011) Denmark: November saw the highest number of bankruptcies in 2011 (6 December 2011) Government bonds: S&P puts euro area countries on credit watch negative (6 December 2011) Denmark: Debit card purchasing nicely on the rise (6 December 2011) Denmark: Currency reserves drop from record high (5 December 2011) USA: Another month of decent job growth (2 December 2011) Denmark: Slight rise in unemployment (1 December 2011) Sweden: PMI back into contraction territory (1 December 2011) Denmark: Business confidence improving slightly at low level (29 November 2011) Sweden: Swift slowdown in domestic demand (29 November 2011) Denmark: Tumbling consumer confidence (22 November 2011) Norway: Surprisingly weak domestic demand (22 November 2011) Sweden: A slowing labour market (22 November 2011) Denmark: Historically weak wage growth (16 November 2011) Euro area: Still registering positive growth... (15 November 2011) Denmark: Tax on fats boosts inflation (10 November 2011) Norway: Inflation stays muted (9 November 2011) Sweden: Clothing causes downside surprise in October CPI (9 November 2011) Denmark: Debit card purchasing was up in October (10 November 2011) Denmark: Exports declined in September (10 November 2011) Norway: Price bubble in the housing market? (9 November 2011) Sweden: Production suggests decent growth in Q3 (9 November 2011) Sweden: CPI expected at 0.2%/3.1% MoM/YoY in October (8 November 2011) Norway: Dismal outlook for the traditional industry (7 November 2011) Denmark: Budget proposal 2012 with no major surprises (7 November 2011) Denmark: Manufacturing output rose in September (7 November 2011) Denmark: More bankruptcies in store (4 November 2011) USA: Pæn jobrapport Denmark: Historical interest rate cut (3 November 2011) Euro area: An early start of a new rate cutting cycle (3 November 2011) Currency: We still expect SEK weakening (28 October 2011) Sweden: Worrying swift slowdown of the domestic economy (28 October 2011) Sweden: Moderate reaction from the Riksbank (27 October 2011) Sweden: Slight increase in bond issuance (25 October 2011) Sweden: Rate path to be lowered further (25 October 2011) Currency: NOK will remain strong (20 October 2011) Sweden: The labour market keeps strengthening (20 October 2011) Norway: Drastic lowering of rate path (19 October 2011) Norway: Norges Bank on hold for now (17 October 2011) Sweden: Muted inflation gives the Riksbank leeway (11 October 2011) Norway: Clothing causes bounceback in inflation (10 October 2011) Sweden: CPI expected at 0.7%/3.2% MoM/YoY in September (10 October 2011) Denmark: More forced sales in September (6 October 2011) Norway: 2012 budget underlines Norway's special position (6 October 2011) Denmark: Fewer bankruptcies in September, but upward trend (6 October 2011) Denmark: Ambitious new government platform (4 October 2011) Sweden: Households tighten their belts (29 September 2011) Sweden: Sentiment continues its steep downward trend (28 September 2011) Denmark: Interest rate cut ahead (26 September 2011) Denmark: Major fiscal challenges (23 September 2011) Norway: Norges Bank stays put (21 September 2011) Norway: The labour market stays strong (21 September 2011) Sweden: No money rain in autumn budget (20 September 2011) Denmark: New government in Denmark (16 September 2011) Denmark: New decline in house prices (15 September 2011) Sweden: The labour market continues to strengthen (15 September 2011) Sweden: Ahead of August CPI (9 September 2011) Norway: Inflation continues to surprise on the downside (9 September 2011) Sweden: Riksbank meeting in line with expectations (7 September 2011) Denmark: Undramatic rise in forced sales (6 September 2011) Sweden: Flatter rate path - but to what extent? (6 September 2011) Denmark: Recession called off (31 August 2011) Sweden: Borg makes a U-turn (29 August 2011) Denmark: Election has been called (26 August 2011) Denmark: Danmarks Nationalbank lowers interest rates (25 August 2011) Sweden: Öberg speech supports view of steady rates in September (25 August 2011) Sweden: Financial turmoil takes its toll on sentiment (25 August 2011) Denmark: Housing market price drops continue (23 August 2011) Denmark: Consumer confidence decline not as steep as feared (23 August 2011) Norway: Robust growth in Q2 (23 August 2011) Nykredit's House Price Confidence: Higher risk of further price declines (18 August 2011) Denmark: House prices declined in Q1/2011 (16 August 2011) Sweden: July inflation as expected (11 August 2011) Norway: Norges Bank to stay put for the remainder of 2011 (10 August 2011) Norway: Inflation picks up again in July (10 August 2011) Denmark: Substantial and crucial current account surplus (9 August 2011) Sweden: Ahead of July CPI (8 August 2011) Norway: Norges Bank to adopt a less hawkish stance (8 August 2011) Denmark: Forced sales slightly up and bankruptcies stable (4 August 2011) Denmark: Currency reserves at stable high level in July (3 August 2011) Sweden: Strong growth in Q2/2011 (29 July 2011) Denmark: No drastic rise in unemployment (28 July 2011) Denmark: Bank lending is still decreasing (22 July 2011) Euro area: The ECB signals continued rate hikes and help to Portugal (7 July 2011) Denmark: We revise down our housing price forecast (7 July 2011) Denmark: Stable trend in bankruptcies (6 July 2011) Denmark: Decline in forced sales in June (6 July 2011) Sweden: The Riksbank slightly softens its stance (5 July 2011) Sweden: Riksbank preview: Ahead of 5 July (1 July 2011) Sweden: Another disappointment in retail sales (28 June 2011) Finland: Government programme focuses on budget consolidation (20 June 2011) Sweden: The Riksbank on autopilot (16 June 2011) Sweden: May inflation broadly as expected (14 June 2011) Denmark: Number of forced sales still stabilising (7 June 2011) Denmark: Slightly fewer bankruptcies in May (7 June 2011) Sweden: Comforting rebound in retail sales (30 May 2011) Sweden: Q1 GDP a bit disappointing (27 May 2011) Sweden: Confidence remains high (26 May 2011) Denmark: Labour market in recovery (25 May 2011) Sweden: Labour market strengthening to continue (25 May 2011) Norway: Q1 GDP broadly as expected (24 May 2011) Sweden: Further reduction in bond issuance (18 May 2011) Denmark: A reasonable retirement reform (16 May 2011) Norway: Norges Bank lifts its repo rate to 2.25% (12 May 2011) Sweden: April inflation about in line with expectations (12 May 2011) Norway: Higher than expected inflation in April (10 May 2011) Sweden:CPIF to land at 1.8% in April (9 May 2011) Norway: Norges Bank on hold in May (9 May 2011) Spain: Price drop in housing market continued in Q1 (4 May 2011) Sweden: Weak sales figures raise questions (29 April 2011) Sweden: Decline in confidence suggests weaker momentum (28 April 2011) Sweden: Unemployment was higher than expected in March (26 April 2011) Sweden: Undramatic Riksbank meeting (20 April 2011) Denmark: Danmarks Nationalbank tracked the ECB as expected (7 April 2011) Denmark: Forced sales have peaked (6 April 2011) Denmark: Negative growth is hiding good news (5 April 2011) Foreign exchange: Expect new SEK strengthening (1 April 2011) Sweden: Housing market nearer the peak (30 March 2011) Foreign exchange: NOK still strong (23 March 2011) Euro area: Agreement on EFSF and Greece before time (14 March 2011) Sweden: Record growth in 2010 (1 March 2011) Norway: Norges Bank on hold (26 January 2011) Sweden: More interest hikes by the Riksbank (18 January 2011) Sweden: Housing market sustainability and outlook (10 January 2011)   Acrobat Reader

Research notes

Strategic Focus: Update (11 August 2014) Global update: Mixed outlook (11 August 2014) Danish housing market (1 July 2014) Euro area: How to cut the Gordian knot (2 June 2014) Sweden: Regional housing price forecast (2 June 2014) Sweden: Interest rate forecast (28 May 2014) Euro area: ECB, quo vadis? (12 May 2014) Euro area: ECB preview (06 May 2014) Norway: Norwegian housing market outlook (28 April 2014) Nordic countries: Public finances remain robust (25 April 2014) Global overview: Central bank divergence becomes clear (7 April 2014) Sweden: Riksbank preview (7 April 2014) Euro area: ECB preview (4 March 2014) Sweden: Interest rate forecast (27 February 2014) Global overview: More turbulence ahead (28 January 2014) Nordic countries: Sound public finances in the Nordic region (22 January 2014) Norway: Economic update (7 January 2014) Euro area: Prospects of a rate cut (7 January 2014) Denmark: Higher interest rates may challenge housing market (20 December 2013) Denmark: Housing market turnaround evident only in capital area (17 December 2013) Sweden: Riksbank rate meeting to be a nail biter (16 December 2013) Denmark: Risk of labour market mismatch (05 December 2013) The Swedish Housing Market (22 November 2013) Denmark: Job upturn in the largest cities – job crisis in the country (31 October 2013) United States: Worrying trend in the housing market (25 October 2013) Spain: Housing market remains subdued (24 October 2013) United States: Afterthoughts (21 October 2013) Euro area: ECB to lower policy rate (10 October 2013) Global overview: Institutionalised dysfunctionality (8 October 2013) Denmark: Regional housing price forecasts (2 October 2013) Sweden: Interest rate forecast (16. september 2013) Sweden: Riksbank preview (2 September 2013) FX: Nordic FX (5 July 2013) Denmark: The Danish Housing Market (17 June 2013) Denmark: The Danish central bank nearly mirrors the ECB (3 May 2013) Currency: Sell EUR/NOK (3 May 2013) Denmark: Capital region leads housing market out of the crisis (29 April 2013) Nordic countries: Sound public finances in the Nordic region (25 April 2013) FX: NOK and SEK driven by central banks (24 April 2013) Denmark: House prices have stopped falling (13 February 2013) Euro money market: Rate increases overdone (4 February 2013) Italy: A guide to the 2013 elections (9 January 2013) Global view: Brighter outlook for 2013 (8 January 2013) Spain: Not much to celebrate on Rajoy's first anniversary (11 December 2012) Italy: Mario Monti resigns (10 December 2012) France: Stagnation has a firm grip (5 December 2012) Sweden: One more rate cut in late 2012 (28 November 2012) France: Moody's strips France of Aaa rating (20 November 2012) France: Tax reform a slight step in the right direction (7 November 2012) Nordic countries: Public finances excel in a European comparison (2 November 2012) Spain: Rajoy victory in Galicia a mandate for reforms (22 October 2012) Germany: Government lowers growth forecast (17 October 2012) Denmark: Housing market can tolerate higher interest rates (1 October 2012) Denmark: Danmarks Nationalbank is heading towards rate hike (20 September 2012) Sweden: One more rate cut in late 2012 (19 September 2012) Euro area: ECB: bond programme details emerge (6 September 2012) Euro area: Preview ECB (5 September 2012) Scandinavia: Responding to soaring currencies (22 August 2012) Euro area: Draghi indicates new action from the ECB (27 July 2012) United States: Bernanke's heavy steps towards the exit (19 July 2012) Nordic countries: Facing demographic challenges (9 April 2012) Denmark: Housing price stabilisation a question of confidence (3 April 2012) Sweden: Minor housing price fall ahead, but improvement in 2013 (20 February 2012) Sweden: A model of the Swedish housing market (20 February 2012) Denmark: Traffic light is changing from red to yellow (11 January 2012) Denmark: Fragile housing market stabilisation ahead (10 January 2012) Sweden: The Riksbank to follow the ECB (28 November 2011) Denmark: Foreign currency reserves have boosted government debt (6 October 2011) Denmark: Price drop driven by uncertainty and confidence crisis (4 October 2011) Norway: A model of the Norwegian housing market (28 September 2011) Sweden: From "PIIGS" to Tiger (28 September 2011) Sweden: The Riksbank to take a cautious approach (15 September 2011) Currency: We expect SEK weakening (18 August 2011) Sweden: The Riksbank to pause its rate hiking cycle (17 August 2011) Finland: A model of the Finnish housing market (17 August 2011) Revised interest rate forecasts: Ground rules change (12 August 2011) NORAH - a regional housing price model (08 June 2011) Sweden: Net exports should add to growth also in Q2 (27 June 2011) Norway: Rate path revised a little higher in the front end (22 June 2011) Sweden: Data suggests weaker momentum (22 June 2011) The Danish housing market (9 June 2011) Sweden: Upcoming wage round will put pressure on inflation (5 May 2011) Denmark: Lower inflation ahead (29 April 2011) Spain: Major challenges in 2011 (12 April 2011) Denmark: Housing market in delicate balance for years to come (7 April 2011) Denmark: Private sector still not on solid ground (28 January 2011)  

Strategic focus

Nordic Focus: Economic trends (22 May 2014) Nordic Focus: Economic trends (25 February 2014) Nordic focus: FX (22 November 2013) Nordic Focus: Economic trends (14 November 2013) Nordic Focus: Economic trends (16 September 2013) Strategic Focus: Economic Trends (19 June 2013) Strategic Focus: FX markets (13 March 2013) Strategic Focus: Economic Trends (6 March 2013) Strategic Focus: FX markets (6 December 2012) Strategic Focus: Economic Trends (28 November 2012) Strategic Focus: FX markets (27 September 2012) Strategic Focus: Economic Trends (19 September 2012) Strategic Focus: Economic Trends (14 June 2012) Strategic Focus: Economic Trends (7 March 2012) Strategic Focus: Economic Trends (28 November 2011) Strategic Focus: Economic Trends (13 September 2011) Strategic Focus: Economic Trends (17 June 2011) Strategic Focus - Economic Trends (11 March 2011) Strategic Focus – Economic Trends (23 December 2010) Strategic Focus - Economic Trends (8 September 2010) Strategic Focus - Economic Trends (14 June 2010)