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The stock market rose – people's shares went up
The week got off to a slow start on the Stockholm Stock Exchange. But it turned upwards, albeit with a slight decline in the last hour of trading.
Thousand-kronor notes await lower interest rate
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.
Major Bank Overloaded – Website and App Down
Several customers of Nordea report new problems with logging in to the app and online banking. Nordea has also previously reported disruptions in the app, most recently on Friday.
Major Banks Lower Floating Mortgage Rates
Several banks are now anticipating the Swedish Central Bank's message next week and are lowering their interest rates. .
The warning: This is how expensive the euro can become next year
Think you that the foreign holiday is already expensive? Then be prepared for the Swedish krona to become even weaker next summer. A major bank is now warning of a clear decline next year.
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.
Economists see glimmers of hope on the labor market
Unemployment is stagnant, new figures show. And employment is increasing.
Bottom grades for the banks' AI solutions
Swedish banks' digital services with various forms of AI assistants are not a hit with customers. In this year's industry survey of the banking sector from the Swedish Quality Index (SKI), these solutions get a thumbs down.
Inflation is raging - "a signal to the Central Bank"
Inflation fell more than expected in August, largely due to lower energy prices. This paves the way for a series of interest rate cuts from the Swedish Central Bank.
Swedish fund giants invest billions in oil
Nordea and the state-owned Seventh AP Fund are the ones that have invested the most of the fund savers' money in the fossil industry. "Incredibly irresponsible", says Jakob König at Sweden's Consumers, who are behind the study.
So, the unexpected figure affects the interest rate
The Swedish economy is growing much slower than expected, according to preliminary Statistics Sweden data. But that does not change the Swedish Central Bank's rate of reduction, believe analysts.
Bitter stock market week ended bitterly
The Stockholm stock exchange started the day down, turned around when new American labor market statistics were published – but fell back in the late afternoon trading. As a result, the broad OMXS index has closed on minus all days of the week.
"Interest Rate Cut in the Nick of Time"
The Swedish economy is on its way to recovery – but the situation is fragile, according to major bank Nordea. In a report, the bank writes that the interest rate cuts are therefore coming "in the nick of time".
Mortgage customers cannot negotiate their interest rate
Customers of the major bank Swedbank who want to negotiate their variable interest rate may receive a no as an answer, reports [SvD Business](https://www. svd.
Lower german inflation than expected
Inflation pressure eases unexpectedly quickly in Germany. In August, inflation fell to 1.
Nvidia new small investor favorite – overtakes Tesla
The AI-hype's big winner, American Nvidia, has ahead of this evening's quarterly report surpassed Tesla as the largest US stock among online broker Nordnet's customers. Now Nvidia is the ninth most owned on the entire platform, says Nordnet's savings economist Frida Bratt.
Nordea reaches settlement – pays 356 million
Nordea is to pay 35 million dollars, equivalent to approximately 356 million kronor, after reaching a settlement with American authorities. The American New York State Department of Financial Services (DFS) has been conducting an investigation into the company's Danish branch for suspected breaches of money laundering regulations during the period from 2008 to 2019.
The Fed Chief on Interest Rates: "It's Time"
The Fed chief Jerome Powell says at the central bank meeting in Jackson Hole that the time for interest rate cuts is here. It's time for an adjustment of monetary policy, he says in his speech.
Unemployment is increasing - "Tough to get a job in the autumn"
Inflation has fallen and more interest rate cuts are expected. But unemployment continues to be high.
The Stock Exchange Took a Weekend Break on the Plus Side after Powell's Speech
The Stockholm Stock Exchange ended the week on a high note after the US central bank chief said on Friday afternoon in his speech from Jackson Hole that it's now time to lower interest rates. .
Larger investments than expected – these are the needs
A welcome budget message that is applauded from several directions. Now the big question is what the money will be spent on.
The Banks are Doing "Everything to Earn a Little Extra"
More banks are now lowering mortgage rates following the Swedish Central Bank's lowering of the repo rate. But the adjustments are modest.
The Stockholm Stock Exchange Fell Slightly
The Stockholm Stock Exchange was up for most of Wednesday, but closed slightly down in the end. The OMXS index fell 0.
Silence from mortgage lenders after the interest rate cut
The Swedish Central Bank's interest rate cut has been met with silence from leading mortgage banks. Neither Swedbank nor Handelsbanken – the two largest – have adjusted down mortgage interest rates.
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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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