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.
Presentation of Q1 2012 Results from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg
CEO Michael Wolf and CFO Göran Bronner comment on the Interim Report Q1 2012 and give their view on the future.
The global economy is headed in the right direction – but long-term challenges are great
Continuing on the road to recovery
Knut Hallberg, Macro Economist at Large Corporates and Institutions, is commenting on the Riksbank's decision to hold the repo rate unchanged at 1.50 per cent in Sweden.
Following the sharp slowdown in the Swedish economy towards the end of last year, it is now possible to discern some positive signs. At the same time, inflation is low and expected to remain so over the coming year. Monetary policy needs to remain expansionary to support the recovery. The Executive Board of the Riksbank has therefore decided to hold the repo rate unchanged at 1.50 per cent. The repo-rate path is also unchanged.
Swedbank’s interim report January – March 2012 will be published at 07.00 CET on Wednesday, 25 April, 2012. You are invited to participate in the following presentations:
During Easter, global financial markets got a shock on learning about the weak labour market figures in the US. A mere 120 000 jobs were created compared with the expected 205 000.
Rising oil prices, but modest price trend for metals
Annual consumer price growth to moderate further
Demand keeps a lid on inflation, but oil will stimulate it
Price growth in March above expectations
Recently, economic commentators and journalists have been presenting how the EMU should be dissolved i.e. how it should be done in practice. The main reason for this is that southern European countries and Ireland would recover more quickly outside the EMU than in.
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 falls to 52.6 in March: service economy cools somewhat as business activity slows down
PMI - Services,
Purchasing Managers´Index - Services,
Houdini, the innovative Swedish sportswear company, has succeeded in pulling the sustainable growth rabbit out of the hat, and so astonished and delighted us at Swedbank that on 28 March we gave them our Sustainability award.
PMI drops to 50.2 in March – no clear recovery yet for Swedish industry
The paradox is obvious clear. During an election year, interest in the economic policy conference organised by the National Association of Business Economics (NABE) is significant - this year saw record attendance with over 600 participants - at the same time as the invited speakers were tongue-tied and clearly had difficulties in focusing on the policy issues that really concern Americans.