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Tough start to the stock market week
The Stockholm stock exchange's broad OMXS index began the trading week with a decline of 0. 4 percent, weighed down by falling prices among others in heat pump manufacturer Nibe and fashion giant H&M.
Major Bank Triggered Market Fall – Fined by the Stock Exchange
On a May day in 2022, the major bank Citigroup triggered a larger stock market fall in both Sweden and Denmark and Finland. The owner of the Stockholm Stock Exchange, Nasdaq, is now fining the bank with six million kronor for inadequate controls in its trading, according to a press release.
Top Economist: Trump's Style Can Calm Conflicts
Donald Trump has promised quick peace in Ukraine if he wins the election in the USA. He will learn that it is complicated, but Trump's unconventional style could be an opening in several global conflicts, believes top economist Nathan Sheets.
Gasoline price continues to fall – lowest in three years
The oil price continues to fall to levels not seen since 2021. For both central banks and consumers, it is welcome news.
Mixed on the US stock exchange – banks weighed down
The leading indexes on the New York Stock Exchange went in different directions on Tuesday. The industrial-heavy Dow Jones index fell 0.
Small movements on Wall Street – Nvidia down again
The New York Stock Exchange's leading index moved only marginally on Wednesday, the day after the worst declines in a month. The broad S&P 500 fell 0.
AI challenges Swedish major banks
Swedish major banks may be on the verge of losing their grip on the banking market in Sweden in the wave of AI investments and fintech challenges, warns Ronit Ghose, head of analysis at American Citi. Sweden no longer looks as favorable for banks to operate in as it was 10-20 years ago.
JP Morgan's share is falling – despite record profit
Three major banks on Wall Street have kicked off the reporting season in the USA. JP Morgan Chase & Co is falling in futures trading after the bank's quarterly figures – despite a record-breaking profit.
The Market Relieved - Counts on French Compromise
The euro is strengthened slightly and risk premiums are dampened on French bond yields, while the Paris stock exchange turns upwards. The market is cautiously positive after the weekend's election in France.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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