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The Council's Advice to the Government: Be Frugal until the Shock Comes
Sweden News

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
Business News

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
Business News

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
Business News

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
Business NewsTop News

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
Business NewsTop News

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
Business News

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
Business NewsTop News

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
Business News

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
Business News

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
Business NewsTop News

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
Business NewsTop News

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
Business NewsTop News

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
Business News

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
Business News

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
Business NewsTop News

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
Business News

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
Business News

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
Business News

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
Business News

Nordea CEO Frank Vang-Jensen's Annual Salary: 46.8 Million Kronor

Major Banks Winners on Volatile Stock Market
Business News

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
Magnus Hall approved as chairman of Alecta
Business News

Magnus Hall approved as chairman of Alecta

The Financial Supervisory Authority has approved Magnus Hall as the new chairman of the board for the pension manager Alecta, according to a press release.
Technical problems at Nordea resolved
Business NewsTop News

Technical problems at Nordea resolved

Nordea was affected by technical problems with login in its app and online banking this morning. Since 11:30, the problems should be resolved, says Henrik Devell, press spokesperson at the bank
Saab the Heaviest Pull on a Merry Stock Exchange
Business News

Saab the Heaviest Pull on a Merry Stock Exchange

The defence group Saab was the biggest draw when the Stockholm Stock Exchange rose on Monday, as did several other defence companies on European stock exchanges. The banking sector also performed very well in Stockholm
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