SwedenLivingWorldBusinessSportsEntertainment

Nordea

Major Banks Lower Floating Mortgage Rates
Business News

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
Business News

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
Business News

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
Business News

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
Business News

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"
Business NewsTop News

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
Business News

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
Business News

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
Business News

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"
Business News

"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
Business News

Mortgage customers cannot negotiate their interest rate

Lower german inflation than expected
Business News

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
Business News

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
Business News

Nordea reaches settlement – pays 356 million

The Fed Chief on Interest Rates: "It's Time"
Business News

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"
Business News

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
Business News

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
Business News

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"
Business News

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
Business News

The Stockholm Stock Exchange Fell Slightly

Silence from mortgage lenders after the interest rate cut
Business NewsTop News

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"
Business NewsTop News

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
Business News

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
Business News

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
Show Consent Options

Categories

Information

Sweden Herald

  • 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.
  • © Sweden Herald