A autumn of interest rate cuts awaits and already this week, the Swedish Central Bank may strike with a double cut. At the beginning of next year, a million loan with variable interest rate may be 800 kronor cheaper per month.
BusinessThe conclusion of the trading week was volatile, with varying colors on Wall Street's leading indexes.
BusinessThursday's interest rate party turned into a recoil downwards on the Stockholm Stock Exchange. The OMXS index fell by 0.4 percent on Friday.
BusinessThe 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. It is absolutely impossible to rule out that it will be 50 points, he says.
BusinessThe Norwegian krone is strengthening since Norges Bank left the interest rate unchanged at 4.50 percent – the highest level since 2008. No cuts are expected until next year, according to the Norwegian central bank.
BusinessThe risk appetite on the market seems to have gained new strength. The Stockholm Stock Exchange rose sharply and broadly following Wednesday's unexpectedly large interest rate cut by the US central bank Federal Reserve (Fed).
BusinessMore in Federal Reserve
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