The prices of gold and silver have skyrocketed this year, and have had the strongest development since 1979, according to Bloomberg. The price of gold has risen by 67 percent. Silver even more. It is an indicator of how the world is doing - and a sign that it is not doing well, says Robert Bergqvist, senior economist at SEB.
BusinessThe trade agreement between the US and China has an important symbolic value – but it is naive to believe that all problems have been solved, according to SEB economist Robert Bergqvist. One must not forget that this is an extremely complex relationship, he says.
BusinessUSA's president Donald Trump announced tonight that USA introduces sanctions against Russia's oil giants Rosneft and Lukoil. The measure is taken to put pressure on Vladimir Putin as part of the efforts to bring an end to the war in Ukraine.
Business”Significant sanctions” await Russia if NATO countries stop importing Russian oil, according to the US President Donald Trump. Commodity analyst Christian Kopfer assesses the scenario as ”spontaneously unlikely”, but continues: One can never say for certain when it comes to Trump, that's the problem.
World politicsThe trade agreement between the USA and the United Kingdom can best be described as a symbolic move with a limited economic value, according to economist Robert Bergqvist. This is a framework filled with too many question marks.
BusinessThe interest rate in the USA is left unchanged by the central bank Federal Reserve (Fed). The interest rate thus remains in the interval 4.25-4.50 per cent. There is so much happening now. Fed needs more time for consideration, says senior economist Robert Bergqvist at SEB.
BusinessSEB's senior economist Robert Bergqvist receives Donald Trump's message about a 90-day tariff pause for certain countries with "a certain relief" since it shows that the US President is reacting to the financial unrest. He simultaneously reminds that "nothing is set in stone" and that Trump can change his mind from one day to the next.
BusinessAn agreement that impresses in a turbulent world situation. This analysis is made by several assessors about the industrial agreement that was finalized during the night.
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