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"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.
Interest Rate Cut Next Week "Rock-Solid"
Inflation is still clearly below the Swedish Central Bank's target. An interest rate cut next week is "rock-solid certain", according to analysts.
Double Interest Rate Cut Not Ruled Out
This week, the inflation figure will be released, which will determine whether there will be an interest rate cut from the Swedish Central Bank shortly after and how large it will be in that case. A double rate cut is more likely right now than no cut at all, says Jens Magnusson from SEB.
The Stockholm Stock Exchange Turned Upwards
The Stockholm stock exchange recovered somewhat on Thursday afternoon following better-than-expected signals from the USA – and closed on a plus. The OMXS index rose 0.
Despite the Price Drop - This Is Why You Shouldn't Worry
Several major companies have fallen heavily after this week's interim reports. Is there cause for concern? Not at all, assesses Lars Söderfjell, equity manager at Ålandsbanken.
The Banks' Answer on Your Mortgage Rates
The hope of cheaper mortgages is great among borrowers as the Central Bank is expected to continue lowering the interest rate. But the bank directors do not want to promise that the mortgage rates will be lowered at the same pace.
Red on the stock exchange after the attack on Trump
The Stockholm Stock Exchange starts the trading week down after the weekend's attempted murder of USA's former President Donald Trump. Only four of the most traded shares in the OMXS30 index ended on a plus.
Bank CEO after Trump attack: A nervous market
The attempted murder of the Republican presidential candidate Donald Trump may cause ripples on the financial market. This is stated by the Nordea CEO in connection with Monday's quarterly report.
Inflation falls - "lovely music" for borrowers
Inflation fell to 1. 3 percent in June according to the KPIF measure.
Strength signal from Norwegian major bank
The Norwegian major bank DNB is feeling the morning air. The profit increased in the second quarter and the bank sees a positive trend in all customer segments, including rising housing prices, more seeking mortgages and higher real wages among Norwegian households.
Largest Mortgage Bank Worst at Lowering Interest Rates
Swedbank is the worst in class when it comes to lowering mortgage rates when the average interest rates of the five largest mortgage banks are compared this year. Despite the Swedish Central Bank's lowering of the repo rate by 0.
Stock Market Falls – Red Numbers Among Large-Cap Stocks
The Stockholm Stock Exchange fell on Tuesday and closed at minus 0. 7 percent.
Up on the stock exchange – but red for the banks
The Stockholm Stock Exchange started on a minus but then turned upwards. The OMXS index closed at plus 0.
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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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