The war in the Middle East continues to dominate the economic agenda.
On Monday, the Stockholm Stock Exchange closed down 2 percent. On Tuesday morning, the broad OMXS index fell another 1.7 percent.
However, US stock markets stayed just above the flat line yesterday, but futures trading is clearly pointing down ahead of the opening this afternoon.
Oil is priced at $81 a barrel for North Sea crude this morning, up from around $77 last night.
The gas price surge continued with another 30 percent rise in morning trading after yesterday's news that a giant gas plant in Qatar has stopped operating. This is pushing up the price of electricity, which is rising even more in the financial markets.
The krona has weakened to 9.21 SEK per dollar. The euro is quoted at 10.72 SEK.
