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.
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: