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The Service Sector Takes a Step Up
The Purchasing Managers' Index for the private service sector rose to 52. 9 in October, from 49.
The Banks' New Grip in the Battle for Mortgage Customers
When the Swedish Central Bank is expected to lower the interest rate this week, some banks have already gone ahead and adjusted their rates downwards โ "a new grip" according to savings economist Christina Sahlberg at Compricer. .
Upward trend on the Stockholm Stock Exchange
The Stockholm stock exchange continued to rise throughout Monday and at the close, the broad OMXS index landed 0. 5 percent up.
Largest Interest Rate Cut in Ten Years Expected
Everything points to the Swedish Central Bank making a double cut in the interest rate on Thursday. It would be the largest interest rate cut in over ten years.
Unexpectedly Large Boost for Swedish Industry
The Purchasing Managers' Index rose to 53. 1 in October, from 51.
Swedbank lowers variable interest rate
Swedbank lowers the interest rate on its variable mortgages by 0. 25 percentage points.
Major Banks' Profits Increase Again
The major banks' profits are increasing despite the lower interest rates. When the profitability of mortgage loans is squeezed, the banks find other revenue streams.
Slowdown in the Eurozone - Despite German Turnaround
The downturn in the German economy doesn't look quite as bad as feared. But it looks tougher than expected in France, according to preliminary purchasing managers' index for October.
Major Banks Soar on the Stock Exchange
It was a course rally in the major banks on Wednesday after strong quarterly reports, but the Stockholm Stock Exchange as a whole rose very moderately. The broad OMXS closed at plus 0.
CEO of Swedbank: "It will gradually brighten up for households"
It's going well for the major bank Swedbank โ which, however, notes that many still struggle with the economy. In pace with the Swedish Central Bank lowering the interest rate, it will gradually brighten up for households, says CEO Jens Henriksson.
Nordea pulls the Stockholm stock exchange upwards
The Stockholm stock exchange rose slightly on Thursday. The broad OMXS index closed at 0.
These are the risks on the stock market right now
It looks shaky ahead of the reporting season, which kicks off this week. The German automotive industry has set the tone with a series of profit warnings.
Decline on the Stockholm Stock Exchange โ Saab plummeted
The Stockholm Stock Exchange turned downward on Thursday and at the close, the OMXS index stood at minus 1. 11 percent.
Stockholm Stock Exchange Turned Upward
The Stockholm stock exchange recovered after the morning's decline. At closing, the OMXS index stood at plus 0.
Lowest Inflation in Almost Five Years
Inflation fell to 1. 1 per cent in September according to preliminary figures from Statistics Sweden (SCB).
Disruptions at Swedbank resolved
Swedbank had technical problems on Sunday that were resolved shortly after 3 pm. Many users could not access the bank's app or website.
Fake Swish - how to avoid being scammed
Reports of fake Swish apps are emerging in several locations around the country. They are difficult to stop and it's easy to get deceived in stressful situations.
Swedish Service Sector Slows Down
The service sector is clearly losing momentum. The Purchasing Managers' Index for the private service sector falls to 49.
Bank shares weighed down the stock market
The Stockholm Stock Exchange fell on Thursday, weighed down by falling prices in the major banks. But the decline was broad.
The Swedish industrial cycle is losing momentum
The Swedish industrial cycle is losing momentum. The Purchasing Managers' Index fell to 51.
Red on the Stock Exchange after Iran's Threats against Israel
The Stockholm Stock Exchange closed in the red โ after having slightly turned upwards during the day โ as a result of reports that Iran is planning a robot attack on Israel in the "immediate near future". .
Your savings rate is back to zero again
It was small, and now it's back to zero again - the interest rate on major banks' salary accounts. Move your money, advises the central bank governor.
Technical issues at Swedbank โ difficult to log in
Swedbank's customers have problems logging in to the website and the app on Wednesday, reports Aftonbladet. > I can confirm that it is difficult for some customers to log in.
Birgitte Bonnesen "does not accept the verdict"
Two weeks ago, Swedbank's former CEO Birgitte Bonnesen was convicted of gross fraud. Now she is commenting on the verdict for the first time.
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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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