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European Central Bank

Bankers to build European transfer system

The Swedish Central Bank wants to involve Swedish banks in the work of building up Target Instant Payment Settlement (Tips), a European system for instant transfers where different European currencies can be used. The Swedish banks are now invited by the Swedish Central Bank to participate in cooperation, testing, and discussions on how the service should be designed, according to a press release from the Swedish Central Bank.
Bankers to build European transfer system

German economy continues to shrink

The EU's economic engine, the German economy, contracted for the second year in a row in 2024, according to the country's statistics agency Destatis. And no major recovery for the export-dependent economy is expected to come in 2025.
German economy continues to shrink

The Warning: The ECB is far too slow

The European Central Bank (ECB) has been far too slow in lowering the interest rate to help boost the European economy. This assessment is made by nearly half, 46 percent, of the economists surveyed in a large survey conducted by The Financial Times.
The Warning: The ECB is far too slow

The dollar starts the year strong – strongest in a long time

The dollar is starting the new year on an upward trend. Against the euro, the American currency is rising 0,4 percent to 1,03 dollars per euro, which means the strongest dollar rate in over two years.
The dollar starts the year strong – strongest in a long time

Heavy economists want a double cut

Several heavyweight economists want to see another double cut from the Central Bank on Thursday. But most analysts believe in a "normal" cut, of 0.
Heavy economists want a double cut

ECB: Further Rate Cuts Await

Last week, the European Central Bank (ECB) lowered its interest rates by 25 points (0. 25 percentage units).
ECB: Further Rate Cuts Await

Lowered German GDP Forecast – Warning of US Tariffs

Germany barely seems to be recovering at all next year after the GDP decline in 2024, according to a revised forecast from the German central bank Bundesbank. Bundesbank is lowering its growth forecast for 2025 to 0.
Lowered German GDP Forecast – Warning of US Tariffs

ECB cuts interest rate – euro falls

The European Central Bank (ECB) is lowering its interest rates and is also revising its forecasts for growth and inflation downwards. In the interest rate decision, a key phrase about monetary policy being "restrictive" is removed, which causes the euro to fall slightly.
ECB cuts interest rate – euro falls

Double rate cut in Switzerland – the franc falls

The Central Bank of Switzerland surprises the market with a double rate cut of 50 basis points (0. 50 percentage points) to 0.
Double rate cut in Switzerland – the franc falls

The stock market continued to fall – H&M plummeted

The Stockholm Stock Exchange continued to decline after last week's gains, with the clothing chain H&M as a drag. The European Central Bank's (ECB) lowering of the interest rate did not help – the broad OMXS index fell 0.
The stock market continued to fall – H&M plummeted

ECB Hiker: Can Cut Even if Fed Doesn't Cut

The European Central Bank can continue to lower the interest rate regardless of what the US central bank Federal Reserve does, according to François Villeroy de Galhau, France's central bank governor and member of the ECB's board of directors. .
ECB Hiker: Can Cut Even if Fed Doesn't Cut

The Stockholm Stock Exchange closed the week on a bright note

The Stockholm Stock Exchange ended the week with an upward trend. At closing, the broad OMXS index had risen by 1 percent.
The Stockholm Stock Exchange closed the week on a bright note

Trade and Ukraine – how the US election affects Europe

Europe both cheers and sighs over Donald Trump's election victory in the USA. The EU machinery is preparing itself for the consequences, with a focus on trade and the war in Ukraine.
Trade and Ukraine – how the US election affects Europe

Euro rises – unexpectedly high inflation

The euro received a boost against the krona following an unexpectedly high preliminary inflation figure for October for the euro countries. The euro now costs around 11.
Euro rises – unexpectedly high inflation

New interest rate cut from ECB

The European Central Bank (ECB) is lowering its key interest rate, i. e.
New interest rate cut from ECB

Nordea's CEO sees positive signals

The major bank Nordea's share price surges significantly on the stock exchange following unexpectedly strong figures in the report for the third quarter. CEO Frank Vang-Jensen sees plenty of positive signals in Sweden – and the Nordic region.
Nordea's CEO sees positive signals

Nordea pulls the Stockholm stock exchange upwards

The Stockholm stock exchange rose slightly on Thursday. The broad OMXS index closed at 0.
Nordea pulls the Stockholm stock exchange upwards

Decreased profit for Nordea – but better than expected

Net interest income and profit are being pushed down for Helsinki-based major bank Nordea, but not as much as feared. Business volumes are stable and customer activity is good, according to CEO Frank Vang-Jensen.
Decreased profit for Nordea – but better than expected

Highest confidence in German economy since June

The outlook for the German economy is more positive, according to German investors and analysts. The Zew index, a monthly survey of sentiment, rose to 13.
Highest confidence in German economy since June

The European Central Bank is expected to lower its key interest rate

The European Central Bank (ECB) is expected to lower its key interest rate, the so-called deposit rate, by 0. 25 percentage points to 3.
The European Central Bank is expected to lower its key interest rate

The Italian major bank Unicredit Wants to Take Over German Commerzbank

The Italian major bank Unicredit has increased its ownership stake in German Commerzbank to 21 percent, from previously around 9 percent. The transaction must, however, receive clearance from the authorities to be completed, according to a press release from Unicredit.
The Italian major bank Unicredit Wants to Take Over German Commerzbank

Central Bank Paves the Way for Double Cut from Riksbanken

The Fed's double cut in the interest rate may affect the Swedish Central Bank's message next week. At least on the margin, believes SEB's chief economist Jens Magnusson.
Central Bank Paves the Way for Double Cut from Riksbanken

Inflation in the eurozone fell in August

Inflation in the eurozone fell to 2. 2 percent in August, down from 2.
Inflation in the eurozone fell in August

The European Central Bank lowers the interest rate – as expected

The European Central Bank (ECB) is lowering its key interest rate, i. e.
The European Central Bank lowers the interest rate – as expected

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