In two trading days in a row, the New York Stock Exchange had risen from weeks of ashes. It became a third day in a row when a renewed hope of lowered interest rates in the USA contributed to lifting stock prices.
BusinessGermany's government is lowering its growth forecast for 2025 to zero, from previously 0.3 percent. The German economy shrunk in size both in 2023 and 2024 – so if the forecast hits, it will be the third year in a row without German growth.
BusinessThe US Finance Minister Scott Bessent has said at a meeting for investors that the trade war against China is unsustainable and that he expects the situation to be scaled down in a "very near future", according to sources.
BusinessThe USA is prepared to recognize the Ukrainian region of Crimea as Russian, as part of a broader peace agreement between Moscow and Kyiv, sources tell Bloomberg.
WorldThe European Central Bank (ECB) is lowering its interest rates for the seventh time since June last year. And more rate cuts are expected during the year, which could open up for interest rate cuts also in Sweden.
BusinessAutoliv performs better than expected in the first quarter. But the car safety company has since March found itself in the midst of the battlefield created in global trade by the Trump administration's tariffs. There is very great uncertainty, says CEO Mikael Bratt.
BusinessThe uncertainty has increased sharply after all the drastic messages from USA's President Donald Trump lately, according to the CEO of the major bank Nordea, Frank Vang-Jensen. But he believes that the Nordic countries, companies, and households here are well-equipped to handle the situation.
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