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Swedish households’ stock assets overtake real estate for first time, SEB says
Business News

Swedish households’ stock assets overtake real estate for first time, SEB says

In the wake of a strong stock market rally, shares have overtaken real estate as the largest asset class among Swedish households, according to SEB's Savings Barometer for the second quarter.
Major Swedish and European banks to launch euro stablecoin this year
Business News

Major Swedish and European banks to launch euro stablecoin this year

The moment you sell your car or boat, the money is in your account. Major banks in Sweden and Europe will launch a digital currency later this year that will make lightning-fast transactions possible
Strong growth raises risk of Swedish central bank rate hike this year
Business News

Strong growth raises risk of Swedish central bank rate hike this year

Strong GDP figures, positive household sentiment and a buoyant economy increase the risk that the Swedish Central Bank will raise the key interest rate already this year, according to Nordea. State-owned SBAB, in turn, predicts a hike in the key interest rate in November this year
Kevin Warsh faces key Jackson Hole speech as pressure builds over Fed communication and US debt
Business News

Kevin Warsh faces key Jackson Hole speech as pressure builds over Fed communication and US debt

Being new on the job is not always easy. Just ask Kevin Warsh, who has drawn criticism from economists and is also under pressure from sky-high interest rates and a $40 trillion national debt
Interest rate forecasts split as banks disagree on next Riksbank hike
Business News

Interest rate forecasts split as banks disagree on next Riksbank hike

An interest rate hike is drawing closer, according to major banks Swedbank and SEB. However, interest rate forecasts are more divided than they have been in a long time
Riksbank signals possible rate hike later this year as it leaves key rate unchanged at 1.75%
Business NewsTop News

Riksbank signals possible rate hike later this year as it leaves key rate unchanged at 1.75%

As expected, the Swedish Central Bank is leaving the key interest rate unchanged at 1. 75 percent
Massive AI investments push up long-term interest rates
Business News

Massive AI investments push up long-term interest rates

Nearly four years of massive investments in AI infrastructure around the world are about to become an interest-rate shock for highly leveraged households and companies in Sweden. Gigantic loans are needed to keep pace with the investments
SEB: Riksbank unlikely to raise rates soon after July inflation figures
Business News

SEB: Riksbank unlikely to raise rates soon after July inflation figures

An interest rate hike from the Swedish Central Bank is still not an option in the near future. That is the assessment made by SEB chief economist Jens Magnusson after July's inflation figures were now confirmed
Stockholm Stock Exchange ends slightly lower, OMXS down 0.1 percent
Business News

Stockholm Stock Exchange ends slightly lower, OMXS down 0.1 percent

Trading on the Stockholm Stock Exchange started tentatively, picked up during the day, but ultimately ended in the red. The broad OMXS index fell 0
Fed holds rates steady as Warsh signals a shift in monetary policy
Business News

Fed holds rates steady as Warsh signals a shift in monetary policy

The US central bank is keeping its key interest rate unchanged and is not offering any surprises - this time. The Fed is playing it safe at a time of escalation in the Middle East and focus on AI companies, says Robert Bergqvist, senior economist at SEB
What the crisis years have taught us about the economy, inflation and house prices
Business News

What the crisis years have taught us about the economy, inflation and house prices

Pandemic, inflation, war - and then Donald Trump. The crises have piled up in recent years, and the economy has been hit by one shock after another
Strong Stockholm stock market year seen after stable Q2 reports, but Middle East risks remain
Business NewsTop News

Strong Stockholm stock market year seen after stable Q2 reports, but Middle East risks remain

The big names on the Stockholm Stock Exchange have laid their cards on the table for the second quarter. The reports point to profit growth and a strong stock market year
Stockholm stock market slips 0.1%, Axfood slumps 14.9% after quarterly report
Business News

Stockholm stock market slips 0.1%, Axfood slumps 14.9% after quarterly report

The Stockholm Stock Exchange closed Wednesday down 0. 1 percent - despite falling oil prices and positive news from the US
SEB beats expectations, launches new share buyback as shares rise 4%
Business NewsTop News

SEB beats expectations, launches new share buyback as shares rise 4%

Major bank SEB beats expectations, both on the bottom line and in income from interest and fees, in the second quarter. The share rises 4 percent on the Stockholm Stock Exchange
Norwegian bank DNB posts slightly better-than-expected second-quarter profit
Business News

Norwegian bank DNB posts slightly better-than-expected second-quarter profit

The major Norwegian bank DNB reports a profit before tax of 13. 0 billion Norwegian kroner for the second quarter
Strong reporting season expected as earnings flood begins next week
Business NewsTop News

Strong reporting season expected as earnings flood begins next week

The flood of reports gets going in earnest next week. The economy looks good, says Lars Söderfjell at the Bank of Åland
Inflation falls to 1.3% in June, but mortgage rates seen unchanged
Business News

Inflation falls to 1.3% in June, but mortgage rates seen unchanged

Inflation according to the CPIF measure fell to 1. 3 percent in June, according to a preliminary calculation by Statistics Sweden (SCB)
Business leader Björn Svedberg dies aged 88
Business News

Business leader Björn Svedberg dies aged 88

Tech Giants Lose Ground as Magnificent Seven Fall 10% in June
Business News

Tech Giants Lose Ground as Magnificent Seven Fall 10% in June

To reduce dependence and vulnerability in AI development, huge amounts of capital are now being moved away from the big tech giants in the US. This could also happen in Sweden, for example among our pension funds
Falling eurozone inflation lowers odds of ECB and Riksbank rate hikes
Business News

Falling eurozone inflation lowers odds of ECB and Riksbank rate hikes

Good news for highly leveraged households and businesses. Inflation in the eurozone's major economies is falling more than expected
Midsummer plate cheaper this year after VAT reduction on food
Business News

Midsummer plate cheaper this year after VAT reduction on food

The VAT reduction on food means that Midsummer food will be cheaper this year than last year.
Higher costs threaten Swedish households this autumn
Business News

Higher costs threaten Swedish households this autumn

Swedish households are at risk of facing more expensive mortgages in addition to higher electricity and fuel prices this autumn. A step toward that could come on Thursday, when the European Central Bank (ECB) may increase pressure on the Swedish Central Bank to raise interest rates
After the US stock market dip, Europe is living dangerously
Business News

After the US stock market dip, Europe is living dangerously

U. S
Swedbank lowers mortgage rates, including three-month fixed-rate loans
Business News

Swedbank lowers mortgage rates, including three-month fixed-rate loans

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