Swedbank is best in Sweden in equity derivatives, according to TNS SIFO Prospera’s first ranking of equity derivatives trading in Sweden. The study, which is based on interviews with 42 institutions, includes 10 Nordic and 12 international brokerages.
Employment up by 3.9% in the first quarter
We are increasingly hearing that Europe must choose between tightening government finances and creating growth. Naturally, growth sounds friendlier than austerity. Not so long ago, the financial markets wanted budget consolidation. Without a fiscal pact with budget discipline, the European Central Bank (ECB) was unable to lend to banks to prevent credit tightening and to stabilise the situation. Now, when the financial markets are calmer - and recession is a fact - growth is wanted instead.
The recovery in the global economy has lost momentum during the spring, particularly in EMU-area but also in the emerging markets. Uncertainties about the strength in the global economy has also affected the commodity market, where we have seen a broad price decrease in April, from crude oil, metals to soft commodities like food. The Swedbank total commodity price index fell by 3,3% in April compared with the previous month. The largest price decreases was for metals and crude oil, which however could be a positive impact on the global economy.
This week Swedbank in Lithuania received the Responsible Business Award in the Environmental category for engaging and educating clients and suppliers in the area of sustainable development. The selection committee considered implementation of the sustainability analysis in the credit process, the suppliers' assessment of quality and environment form in procurement as important steps in raising awareness of sustainability issues in the country.
Economic growth in 1Q supported by recovering domestic demand
Lower commodity prices as the economic recovery loses speed
Annual price growth continues to slow down
GDP annual growth accelerated in the first quarter of 2012
Prices increased by 0.6% in April, in line with our expectations
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.
The development on many stock exchanges, including the Swedish one, was negative in April. Oil prices fell slightly, but remain at a high level. The weak Purchasing Managers' Index has led to fears that the German recovery is too slow. In addition, there is uncertainty following the elections in France and Greece, and concern surrounding Spanish growth and the budget deficit.
Inflation slowing according to expectations
PMI remains unchanged at 50.2 in April – the industrial economy lacks momentum
Services PMI drops to 48.6 in April – recovery of the service economy comes to a halt
Purchasing Managers´Index - Services
The US: A risky negligence of structural factors
To the Point,
Global Economic Outlook: Last year the global economy came to a halt. The Euro zone are in a recession and the recovery in the US economy is still slow. The emerging market are growing slower due to the restrictive politics in the west.
Global Economic Outlook
Swedbank Economic Outlook, Swedbank’s analysis of the economies in Sweden and the Baltic countries. Presenter, Magnus Alvesson, Head of Economic Forecasting at Swedbank.
A short presentation of Swedbank Group, 31 March 2012.
In our latest Swedbank Economic Outlook, we forecast that global GDP will grow by 3.1% this year and by 3.4% next year. This would also mean an improvement in Sweden where GDP shrunk more than expected at the end of last year.