{
  "id": 2967079,
  "title": "Equities: Resilience supported by strong macro – Danske Bank",
  "url": "https://urgent.news/2026/08/24/equities-resilience-supported-by-strong-macro-danske-bank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T06:38:01.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/equities-resilience-supported-by-strong-macro-danske-bank-202608240638"
  },
  "original_language": "en",
  "account": "Danske Research Team's report revealed a resilient equities market on Friday, despite several markets, particularly in the US, ending the week on a lower note. The team attributed this resilience to robust macro and earnings data, as well as sector leadership from Materials over Utilities, indicating no defensive rotation. Low VIX levels and ongoing AI capex and Oil narratives also contributed to the overall equity resilience. The Nordic region was highlighted as one of the strongest during the previous week. The key factors shaping equity markets currently include the oil story around the Strait of Hormuz, the durability of AI capex buildout, the fear of dollar debasement, and most importantly, exceptionally strong macro data. This last factor proved crucial once again last week, particularly as evidenced by the latest Purchasing Managers' Index (PMI). Sector performance revealed that Materials was the top performer last week, while Utilities was the worst, with no genuine defensive rotation as expected under strong macro and capex conditions. Volatility remained generally low, with the VIX hovering around 15.5 but ultimately ending unchanged. Asian markets were mostly lower at the start of the trading day, with South Korea experiencing the most volatility. US and European equity futures were trading close to Friday's closing levels. The strong macro and earnings data underscore the resilience of equities, which should not be underestimated. The GBP/USD pair showed a positive bias around mid-1.3600s at the beginning of a new week, remaining well within striking distance of its highest level since February 11. EUR/USD maintained its strength for the fourth consecutive trading day, hovering around 1.1680, supported by the US Dollar's pressure from newly announced fiscal moves. Gold continued its strong performance from the previous week, reaching three-month highs above $4,600, propelled by persistent US Dollar weakness and the US Treasury's plan to double its buybacks of longer-dated government debt.",
  "summary": "Danske Research Team reports that Equities ended Friday higher, though several markets, especially in the US, finished the week lower. The team stresses that robust macro and earnings data, plus sector leadership from Materials over Utilities, show no defensive rotation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}