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Industry picks up pace in August
The manufacturing industry in Sweden increases its activity level in August, according to a purchasing managers' index from Swedbank and Silf. "Slow recovery", they write in a press release.
Major Bank: More in the Wallet for Households
Many households can expect larger margins in the economy ahead, according to a report from Swedbank and Sparbankerna. But not everyone is a winner.
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.
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. .
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
The Stockholm Stock Exchange was up for most of Wednesday, but closed slightly down in the end. The OMXS index fell 0.
"It was about time" - The Central Bank may be too slow
It is a welcome message that the Swedish Central Bank is now opening up for more interest rate cuts than before. The fear is, however, that it may be too late, according to several assessors.
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.
Swedbank lowers mortgage rates
Swedbank lowers its list rate on its mortgages for all binding periods. The variable rate is lowered by 0.
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.
Another Bank Lowers Mortgage Interest Rates
The major bank Danske Bank is lowering the interest rate on mortgages with fixed terms, the company announces in a press release. The reductions are between 0.
Mortgage Loans Becoming Cheaper - "Cascade of Interest Rate Cuts"
The last few days have seen several banks lower both variable and fixed mortgage rates. Further rate cuts are expected, believes Christina Sahlberg, savings economist at the comparison site Compricer.
Skandia lowers mortgage interest rates
Skandia lowers the interest rate on mortgages for all terms, including the three-month rate. The interest rates are lowered by 0.
Handelsbanken lowers its mortgage rates
Handelsbanken lowers mortgage rates, including the floating one. The three-month rate is lowered by 0.
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.
Multiple banks lower mortgage interest rates
Swedbank and Länsförsäkringar are lowering the mortgage interest rate on loans with binding periods between 1-10 years. For Swedbank, the interest rates are being lowered by between 0.
Savers followed Warren Buffett's lead in the stock market crash
Small savers were clearly more active than usual on Black Monday on the stock exchange. In the turmoil, Swedish savers chose to back the financial icon Warren Buffett.
The Stock Market Started the Week with a Sharp Fall
Monday's trading was characterized by sharp stock market falls, and the OMXS index fell for the third trading day in a row. Among the large companies on the Stockholm Stock Exchange, only Nibe went against the trend.
Positive signals from the service sector
The Purchasing Managers' Index for the service sector rose to 53. 8 in July, according to the monthly measurement made by Swedbank and the purchasing managers' organization Silf.
The Recovery of Swedish Industry Stalls
Swedish industry's recovery is slowing down. The purchasing managers' index for the manufacturing industry fell to 49.
Swedish savers fled Tesla this summer
Swedish savers got rid of Tesla more than any other share during the month of July. There seems to be a hesitation around Tesla going forward, says Frida Bratt, savings economist at Nordnet.
Despite the Price Drop - This Is Why You Shouldn't Worry
Several major companies have fallen heavily after this week's interim reports. Is there cause for concern? Not at all, assesses Lars Söderfjell, equity manager at Ålandsbanken.
County Insurance lowers mortgage rates on loans with binding periods
County Insurance lowers the mortgage rate on loans with binding periods between 1-10 years. The changes are between 0.
The Banks' Answer on Your Mortgage Rates
The hope of cheaper mortgages is great among borrowers as the Central Bank is expected to continue lowering the interest rate. But the bank directors do not want to promise that the mortgage rates will be lowered at the same pace.
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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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