Podcasts about piet christiansen

ECB leverede endnu en rentenedsættelse i den forløbne uge og signalerede, at der er flere på vej. Det er godt nyt, hvis man håber på billigere finansieringsomkostninger. Men hvor mange rentenedsættelser skal vi egentlig forvente - og hvor hurtigt vil det gå? Det giver vores ECB-ekspert Piet Christiansen sit bud på. Vi kigger også frem mod den kommende uges møde i den amerikanske centralbank, hvor fokus er på om den første rentenedsættelse i 4½ år bliver på 25bp eller 50bp.

ECB signalerede torsdag, at de har leveret den sidste rentestigning i hvad der blev en historisk rentecyklus. Men hvor sikre er vi på, at det var den sidste stigning? Og hvornår kommer renten ned igen? Det giver vores ECB-ekspert Piet Christiansen sit bud på. Og så ser vi frem mod en stribe af centralbankmøder i den kommende uge, hvor afslutningen på rentestigningerne også vil være i fokus.

Today, we discuss what could drive much higher inflation rates over coming years. We discuss a fast recovery, the Fed’s change and its influence on the ECB, monetary financing of expansionary fiscal policies and a political shift to a progressive left in the US and Germany. Global Head of FI&C Research Thomas Harr chairs today’s podcast and is joined by US economist Mikael Olai Milhøj, Euroland economist Aila Mihr and ECB economist and FI strategist Piet Christiansen.

Det går bedre… ikke bare med viljen til at handle i europæisk politisk regi, men også på det amerikanske arbejdsmarked. Med udgangspunkt i vores nye USD-prognose gør vi status over ECB og EU-tiltagene, som har reduceret halerisiciene for euroen betragteligt og betydet et niveauskifte i USD/DKK. USD svækkes fortsat, men betyder de seneste overraskende gode jobtal, at Fed vil trække i land på behovet for stimulus allerede nu? Næppe – men det er ikke nødvendigvis en ny retning for USD på længere sigt. I dag er Piet Christiansen og Lars Sparresø Merklin gæster hos Christin Tuxen

The market is likely to price a higher chance of a fast recovery due to non-farm payroll, German stimulus and the ECB. We believe that investors should focus on opportunities where 1) solid fundamentals support an extension of the current rally (for example we have just lowered our target on short EUR/NOK to 10.00 from 10.50, and 2) there are catch-up opportunities, such as eurozone banking stocks where risk premiums are still elevated. We discuss the ECB, equity markets and EUR/USD. Global Head of FI&C Research, Thomas Harr, chairs today’s podcast and he is joined by Chief ECB strategist Piet Christiansen, Senior equity strategist Bjarne Breinholt Thomsen and Senior FX Strategist Lars Merklin.

In our weekly podcast, Macro Strategy Views, we discuss the implications of the US-China trade deal, the sustainability of the global recovery and the ECB’s likely response. Europe may lose out with China buying US goods, but the improvement in the global cycle will dominate. We discuss the details of the ECB’s forward guidance and the strategic review. Global Head of FI&C Research, Thomas Harr, chairs today’s podcast while our Chief Analyst on China, Allan von Mehren, and our ECB strategist, Piet Christiansen , join him.

In our weekly podcast, Macro Strategy Views, we discuss the economic and financial performance in 2019 and the outlook for 2020. Real money funds are having a strong year, mirroring the stellar returns of financial assets. We discuss why 2020 will be more challenging despite better growth. Global Head of FI&C Research, Thomas Harr, chairs today’s podcast. He is joined by Head of FX Research, Christin Tuxen, Head of International Macro Research, Jakob Ekholdt Christensen, and ECB strategist Piet Christiansen.

In our weekly podcast, Macro Strategy Views, we discuss the Riksbank and the ECB meetings this week. We believe the Riksbank will postpone the planned rate hike in December due to low inflation and falling inflation expectations. With regards to the ECB meeting, the focus will be on the recent public disagreement in the Governing Council. Global Head of FI&C Research, Thomas Harr, chairs today’s podcast while our Chief Economist in Sweden, Michael Grahn, and our ECB strategist, Piet Christiansen, join him

In our weekly podcast, Macro Strategy Views, we reflect on the ECB’s policy meeting last week and discuss Norges Bank’s meeting this week. We discuss the ECB’s silent acknowledgement that monetary policy has run its course and why the easing would have limited impact. We preview the Norges Bank meeting on Thursday – why we think it will hike and its guidance further out. Global Head of FI&C Research, Thomas Harr, chairs today’s podcast while our ECB strategist, Piet Christiansen, and our Chief Economist in Norway, Frank Jullum, join him.

In our weekly Macro Strategy Views podcast, we discuss the ECB’s policy meeting later this week, in terms of what it is likely to do, what it implies for markets and whether it will actually succeed in lifting growth and inflation. Global Head of FI&C Research Thomas Harr chairs today’s podcast, while our ECB strategist Piet Christiansen and our Euroland economist Aila Mihr join him.

In our podcast, Macro Strategy Views, we discuss whether central bank actions will be successful in driving the global economy and financial markets, and the implications for Scandinavia. Global Head of FI&C Research Thomas Harr chairs today’s podcast while our US analyst, Mikael Olai Milhøj, our ECB analyst, Piet Christiansen, and our Scandi strategist, Kristoffer Kjær Lomholt, join him. The Fed is likely to deliver, which would support the domestic part of the US economy, weaken the US dollar and put modest downward pressure on US yields. We expect the ECB will also deliver, but it would have limited impact and the ECB may be challenged again. We believe the market and Norges Bank are too dovish on the prospects for further interest rate hikes, which would drive broad-based NOK strength.

I denne uges udgave af Valutakrydsild, Danske Banks ugentlige podcast om valuta, kigger vi – sammen med ECB - mod Kina, hvor de første tegn på stabilisering er ved at indfinde sig. Vi ser på, hvad dette sammen med den handelsaftale, som lader vente på sig, kan betyde for valutamarkedet. Samtidig kigger ECB på nye mulige tiltag for at holde renterne lave i længere tid, men man nærer tydeligvis – i tråd med vores kald – håb om, at en kinesisk vending snart kan ses i Europa. Under alle omstændigheder er det svært at se en markant USD-svækkelse indfinde sig for nuværende. I studiet er Allan von Mehren (gæst, økonom), Piet Christiansen (gæst, ECB-strateg) og Christin Tuxen (vært, valutastrateg). Analyserne i denne podcast er alene til orientering. De udgør ikke et tilbud eller en opfordring til at købe eller sælge finansielle instrumenter. Analyserne udgør ikke en investeringsanbefaling i form af en personlig anbefaling til lytteren. Selvom der er udvist rimelig omhu for at sikre, at indholdet ikke er usandt eller vildledende, fremsættes ingen erklæring om analysernes korrekthed, nøjagtighed eller fuldstændighed, og Danske Bank påtager sig intet ansvar for direkte eller indirekte tab i forbindelse med transaktioner foretaget eller afvist på grundlag af analyserne. Danske Bank, dens tilknyttede virksomheder eller medarbejdere kan udføre opgaver for, indgå forretninger med eller søge at indhente opgaver fra og kan have lange eller korte positioner i, eller på anden måde have interesser i investeringer (herunder derivater) fra en udsteder, der er nævnt i analyser, som er tilgængelige i denne podcast. Denne podcast er baseret på oplysninger, som vi betragter som pålidelige, men Danske Bank A/S har ikke uafhængigt verificeret indholdet heraf. De synspunkter, skøn og forventninger, der udtrykkes i podcasten, gælder pr. datoen herfor og kan ændres uden varsel. Der afgives ingen erklæring eller garanti, hverken udtrykkeligt eller underforstået, om rimeligheden, nøjagtigheden, fuldstændigheden eller rigtigheden af de oplysninger, meninger og forventninger, der er indeholdt i denne podcast, og der bør ikke foretages dispositioner på baggrund deraf. Danske Bank A/S påtager sig ikke noget ansvar for tab, uanset hvordan det opstår, ved brug af oplysninger i denne podcast eller indholdet heraf eller i øvrigt i forbindelse dermed. Meget af det analysemateriale, der er indeholdt i denne podcast, er kun egnet til og rettet mod institutionelle og professionelle kunder (‘Professionelle Investorer’) og er ikke egnet til eller rettet mod private investorer. Enhver person, der ikke er en Professionel Investor, bør ikke handle eller undgå at handle ud fra eller i tillid til denne podcast eller indholdet heraf. Enhver person, som opnår adgang til denne podcast, bekræfter, at denne person er en Professionel Investor, og vil blive anset for at have tilkendegivet og accepteret, at vedkommende er en Professionel Investor som defineret i MiFID II (Europa-Parlamentets og Rådets direktiv 2014/65/EU om markeder for finansielle instrumenter). Denne podcast er ikke målrettet og må ikke videreformidles til personer uden for det Europæiske Økonomiske Samarbejdsområde (EØS). Podcastmateriale fra Danske Bank A/S er Danske Bank A/S’ ejendom og må ikke gengives eller distribueres helt eller delvist uden Danske Bank A/S’ forudgående skriftlige samtykke. Lytterne henvises til Danske Bank A/S’ fulde disclaimer, som kan ses på research.danskebank.com/research/#/Research/home.

De amerikanske aktiemarkeder har sat nye rekorder - trods 30-året for Black Monday igår. Det tyske DAX-indeks er tillige over 13.000 for første gang. I næste uge truer ECB og Catalonien, og vi diskuterer, hvad der kan gå galt set med markedsbriller. Lyt med når analytikerne Anders Svendsen og Piet Christiansen analyserer og diskuterer udviklingen på de finansielle markeder. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually tailored investment advice, and does not take into account the individual investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Vil øget politisk usikkerhed svække den globale vækst? Og hvordan ser det ud på rente-fronten – bør investorer begynde at berede sig på rente-justeringer? Lyt med når Senior analytiker og Rente-strateg, Piet Christiansen analyserer rente-markederne og deler ud af sine forventninger til renterne. Vi diskuterer også Grækenlands gældskrise og betydningen af de forestående valg i Holland og Frankrig, og ser på markedseffekterne af en øget politisk usikkerhed. Bliv opdateret på markedsudviklingen og hør hvilke nøgletal og begivenheder, du bør holde særligt øje med. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually tailored investment advice, and does not take into account the individual investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.