The Riksbank surprised the markets by lowering the repo rate to 1.25 per cent at its meeting last week. The argument for a cut was that during the summer the krona had strengthened more quickly than previously anticipated.
The Riksbank's announcement was preceded by a high pitched exchange of views. The Riksbank was perceived as being too slow. The vast majority of analysts and players had advocated a rate cut, including myself. A few considered that rates were already low enough and would even need to be raised. What good (or harm) does a monetary policy actually do these days?
Latvian annual GDP growth was 5.9% in 1H 2012
Economic growth in 2Q founded on domestic demand
Martin Tallroth, Fixed Income Strategist at Swedbank, gives his view on ECB's decision to buy bonds to take the pressure off struggling nations in Europe.
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank is commenting on the Riksbank's decision to cut the repo rate in Sweden by 0.25 percentage points.
Prices, productivity, and wages will move in lockstep
Martin Bolander, Senior Market Strategist at Swedbank's Investment Center, Jörgen Olofsson, Portfolio Manager at Swedbank Robur and Knut Hallberg, Senior Economist at Large Corporate & Intitutions at Swedbank discuss the current market situations.
Services PMI drops to 50.8 in August: clear signs of lower employment in the service sector
Purchasing Managers´Index - Services,
PMI - Services,
To increase market transparency and track trends in investor and issuer views and trends, Swedbank will conduct the survey on a quaterly basis.
The allocation of shares in Swedbank AB (”Swedbank”) has changed due to owners of preference shares having requested during the month of August, 2012 conversion of an aggregate of 8,266,802 preference shares into ordinary shares pursuant to the conversion clause set forth in Swedbank’s articles of association.
Roland Nilsson, Interest Rate Strategist at Swedbank, is commenting on Ben Bernanke's speech on Friday, August 31
PMI drops to 45.1 in August – a significant weakening of the industrial economy
China – a potential watershed for global growth
To the Point,
Real wage growth decelerates in 2Q
A unique event where the special concert program was selected by Swedbank customers and by the employees.
Magnus Alvesson, Head of Economic Forecastiong, about the analysis Swedbank Economic Outlook.
Swedbank Economic Outlook
An interview with Cecilia Hermansson, Group Chief Economist at Swedbank about the analysis Economic Outlook.
Global Economic Outlook
Supply restrictions and geopolitical uncertainty lift commodity prices