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Stockholm Stock Exchange Opens with 1.1% Drop
The Stockholm Stock Exchange falls in the opening on Wednesday. In the initial trading, the broad OMXS index is down 1.
Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty
The 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.
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock.
The Council's Advice to the Government: Be Frugal until the Shock Comes
In the midst of a toxic customs chaos, the government is presenting its spring budget. Most of the money will go towards increasing the ROT deduction, to support the construction industry and households that want to renovate.
Stockholm Stock Exchange Plunge Draws Parallels to Historic Crashes
The Depression, the pandemic, and Black Monday 1987. The recent days' stock market fall has experts drawing parallels to some of the worst events in economic history.
Stockholm Stock Exchange Faces One of Its Bloodiest Declines in Years
The Depression, the pandemic, and Black Monday 1987. The recent stock market fall has experts drawing parallels to some of the worst events in economic history.
Nordea Economist Seeks US Economic Slowdown to Curb Tariffs
The Stockholm stock exchange is plummeting. Annika Winsth, chief economist at Nordea, is now hoping for a strong braking of the American economy.
Stockholm Stock Exchange Drops 4.2 Percent Amid Global Market Slump
China responds to the USA's new tariffs by imposing an additional 34 percent tariff on goods from the USA. In Stockholm and the rest of Europe, the stock exchanges fell heavily.
Food Prices Continue to Climb, but Major Increases May Be Over
Expect continued rising food prices as new inflation figures are due. A number of factors suggest that the worst price increase may be over, according to several economists.
Major Banks Boost Stockholm Stock Exchange as European Markets Rise
The Stockholm stock exchange spent large parts of the day dancing around zero, but the broad OMXS index eventually picked up and closed at a plus of 0. 3 percent.
Consumers Push Back as Food Costs Climb Despite Lower Spending
Consumers are rebelling against the high food prices – but the proportion of disposable income that we spend on food is lower now than it was at the beginning of the 1990s. Few people think about how it was in the 90s, but rather think about what was recently, says Anders Stenkrona, private economist at the bank Nordea.
Telecom Stocks Defy Market Slump on Stockholm Exchange
The Stockholm Stock Exchange fell broadly on the last day of the trading week. The OMXS index decreased by 1.
Swedish Central Bank Holds Steady on Interest Rates Amid Inflation Concerns
Today's message from the Central Bank that the interest rate remains unchanged at 2. 25 percent is a reassuring message, thinks SEB's senior economist Robert Bergqvist.
Major Bank: Risk of Interest Rate Hike Before Summer
The Swedish Central Bank is not expected to adjust the interest rate at this week's interest rate meeting. But unexpectedly high Swedish inflation and Trump's trade war may lead to a hike soon.
Food prices are skyrocketing – butter and coffee at the top
Food prices increased by 3. 9 percent in February compared to the same month last year.
This is how much the mortgage rate fell in February
The variable mortgage rates continued to fall in February, according to statistics showing what households actually pay for their home loans. .
The Stockholm Stock Exchange Ended a Turbulent Week on Minus
The Stockholm stock exchange closed a week full of uncertainty with a smaller decline. The broad OMX index fell 0.
Expert: Without a rate cut, the government must step on the gas
Hopes of a lower interest rate in the spring seem to be dashed. It dampens the economic recovery and forces the need for a more expansionary fiscal policy from the government, experts believe.
The economy is gaining momentum – can stop interest rate cuts
Swedish economy shifted up during the fourth quarter. It can be yet another message that makes the Swedish Central Bank now apply the brakes for future interest rate cuts, according to analysts.
The Stock Market Ended the Week with a Broad Decline
The Stockholm stock exchange fell broadly on the last day of the trading week. The broad OMXS index fell 0.
Swedish small investors dump Tesla
American tech giants were sold off while the banks got a flying start to the year, according to February's stock statistics from Nordnet. .
Bank shares did well – Stockholm Stock Exchange rose slightly
The Stockholm stock exchange continued to climb cautiously in Tuesday's trading and the broad OMXS index closed with a plus of 0. 1 percent.
Nordea CEO Frank Vang-Jensen's Annual Salary: 46.8 Million Kronor
Nordea's CEO Frank Vang-Jensen received a significant salary increase last year. According to the bank's annual report, the CEO received a fixed salary of 1.
Major Banks Winners on Volatile Stock Market
The Stockholm stock exchange turned sharply downward on Friday afternoon and the broad OMXS index closed at minus 0. 3 percent.
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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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