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Red on the Stock Exchange after Iran's Threats against Israel
The Stockholm Stock Exchange closed in the red β after having slightly turned upwards during the day β as a result of reports that Iran is planning a robot attack on Israel in the "immediate near future". .
After the Interest Rate Decision: Major Banks Lower Mortgage Rates
Several major banks are lowering their list rate on their mortgages following the Swedish Central Bank's announcement to lower the repo rate by 0. 25 percentage points on Wednesday.
Why the Central Bank didn't cut rates by 0.50 percentage points just yet
The Swedish Central Bank had not signaled. Therefore, there was no double rate cut just yet, but it will come later, believe analysts.
Despite the interest rate cut - a fixed mortgage rate "isn't wrong"
Despite today's expected interest rate cut and a continued low interest rate ahead β the calculations show that a fixed interest rate can be advantageous in the current situation. If you only look at the cost, it's not obviously wrong to perhaps choose a fixed rate for three, four, or five years, says SBAB's chief economist Robert Boije.
The market expects eight cuts in a year
The market expects four more cuts in the Swedish Central Bank's interest rate this year, from today's 3. 50 to 2.
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.
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.
Expert: Monetary Policy Exclamation Mark from Fed
The American central bank Fed's double cut of the interest rate by 0. 5 percentage points is a welcome message for the USA, the world, and Sweden, according to analyst Robert Bergqvist.
These are the households that are the budget's winners
Those who earn the most get tax relief equivalent to "the entire summer vacation". For a family with medium incomes, the government's proposal is roughly enough for an extra cinema visit per month.
SEB merges management units
SEB is reducing the number of divisions from six to four and is, among other things, merging its wealth management with the bank's capital management, writes Wallenberg's sphere's major bank in a press release. The bank is also introducing a new function in the form of an operational manager "to further strengthen customer focus and business benefits".
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.
Green light after major banks' technical issues
SEB and Swedbank have struggled with technical problems with their banking services over the weekend. The problems began on Saturday when both banks' customers had difficulty logging in.
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 KΓΆnig at Sweden's Consumers, who are behind the study.
USA's job market slows down faster
The American job market is clearly slowing down, show new figures. The US economy is losing momentum and several interest rate cuts are getting closer.
New Record in Household Savings
Swedish households set a new wealth record during the second quarter, according to SEB's Savings Barometer. "The increase was driven primarily by a positive stock market development and significant new savings.
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.
The Stock Exchange Started September Downwards
The Stockholm Stock Exchange began the month of September on a downward trend, and fell by 0. 3 percent.
The Stock Exchange Starts September Downwards
The Stockholm Stock Exchange has begun the month of September downward. In afternoon trading at 2:40 pm, the broad OMXS index is down 0.
Central Bank Economists: Repo Rate on its Way to 2 Percent
The recovery is near after nearly three years of stagnation and 2025 will see growth take off, according to an economic forecast from Swedbank. The Swedish Central Bank is contributing by lowering the interest rate to 2.
Trump vs Harris: How the Election Can Affect Your Economy
Escalating trade war with clear inflation risks - towards a policy that is more or less a continuation of President Joe Biden's agenda. The US election can send economic shockwaves around the world.
The Fed announcement could be the turning point: "Enormous relief"
Several central banks have already lowered. The ECB appears to be following suit in September, and now the US Federal Reserve is also announcing that it's time to start cutting interest rates.
Larger investments than expected β 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.
Major Bank Follows Suit and Lowers Mortgage Rate
Another major bank is following suit and is now lowering its mortgage rates after the Swedish Central Bank's rate cut the other day. SEB is lowering its variable rate (three months) by 0.
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.
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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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