The Stockholm stock exchange is plummeting. Annika Winsth, chief economist at Nordea, is now hoping for a strong braking of the American economy. This could force President Donald Trump to change his mind about the tariffs.
BusinessChina 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.
BusinessExpect 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.
BusinessThe 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. The four heavyweight banks had a good day.
BusinessConsumers 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.
BusinessThe Stockholm Stock Exchange fell broadly on the last day of the trading week. The OMXS index decreased by 1.4 percent.
BusinessToday'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. The Central Bank is keeping a cool head in a fairly turbulent situation, he says.
BusinessThe 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. It may be a hike in May or June, says Nordea's chief analyst Torbjörn Isaksson.
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