Past Market News up till 30-06-2012

Stockholm and most European major markets crush barrier on Friday as the EU summit give better than expected solution for the Spanish economy

Friday, 29 June 2012
Surprising news from the EU summit was good for risk appetite in the Stockholm stock market n Friday and it ended in a crushing highest level ever seen this year.

Where are the jobs? – Sweden

Friday, 29 June 2012
Sweden has about 8.1 percent unemployment at this moment but the economy is crying out for mining engineers, programmers and surgical nurses. These are some of the sectors where there is a strong demand for skills, but on the flipside, sailors, photographers and stock brokers, for example have a bleak future in Swedish job market today.

More highly educated persons in Sweden gainfully employed to a greater extent

Thursday, 28 June 2012
There is a distinct relation between level of education and the proportion of the population that is gainfully employed in Sweden.

Swedish Retail trade expanded in May more that expected

Thursday, 28 June 2012
The Swedish retail trade sales volume increased by 4.6 percent in May compared to the same month last year. This challenges analyst’s expectation of a rise of 4.0 percent, according to various Swedish analysts’ consensuses.

Sweden seeing increased tourist boom – pushing consumption up

Wednesday, 27 June 2012
Foreign visitors’ consumption in Sweden increased by 9.3 percent in 2011 compared to the previous year.

Need for more to work more in Sweden if the welfare system is to survive

Wednesday, 27 June 2012
The fractured and segregated Swedish job market must integrate but necessity of the country is to maintain its welfare system in the future.

Finnish Unemployment remains steady

Tuesday, 26 June 2012
The Finnish unemployment rate in May was almost the same level as a year ago. A total of 266 000 people were without jobs in May, according to official figures from Finish Statistics Centre.

Committee for Human Medicinal Products in the European Union gives Zyclara the positive nod

Monday, 25 June 2012
The Committee for Human Medicinal Products (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion regarding marketing authorization of Zyclara (treatment of actinic keratoses on large skin areas).

Growing housing shortage in Sweden – a wide spread problem

Thursday, 21 June 2012
The construction of new houses in Sweden has reduced and the demand for logging is on the rise not only in the capital, Stockholm but nationwide. More than six out of ten Swedes now live in a county where housing shortage is the norm.

Fall in oil prices

Thursday, 21 June 2012
The world price of oil fell after figures showed that U.S. oil inventories have risen.

H & M is considering exchanging operations currency

Thursday, 21 June 2012
Hennes & Mauritz is considering to start making purchases of yuan to prevent the effects of a further strengthening of the dollar heaping pressure on its cost.

Egalitarian Sweden where Men earn on average 14 percent more than women

Wednesday, 20 June 2012
Sweden is know in the international arenas a country were social mobility is strong and where women have equality with men in most aspects. Yeah? Wrong

Up to 800 jobs to go at the Karolinska

Wednesday, 20 June 2012
Karolinska University Hospital (KS) in Solna and Huddinge are considering cutting its full time workforce by 700 – 800 people.

Swedish Music Exports increased in 2011

Tuesday, 19 June 2012
The Swedish music industry exported products to the tones of Skr502 million a year earlier, an increase of nine percent compared with 2010, according to figures from the Swedish Growth Board, Tillväxtverket and the music organisation, Musiksverige (Music Sweden).

Swedish unemployment is growing more than expected in the wrong direction

Tuesday, 19 June 2012
Swedish Unemployment was 8.1 percent in May, not seasonally adjusted, according to data from Statistic Sweden’s Labour Force Survey (LFS). This growth of unemployment was going in the wrong direction.

The over priced Swedish housing market start seeing red again?

Thursday, 14 June 2012
The recovery in the Swedish housing market was behaving as if there was going to be a steady rebound but that seem to have been wishful thinking as worry in the sector seem to be returning.

Slow in new job growth in Sweden as weariness continued to dog employers

Tuesday, 12 June 2012
The Swedish labour market will create 20.000 jobs this year and next year, a new job growth forecast from the Swedish employment service predicts.

Danish exports reached a new record in April despite stormy European economy

Monday, 11 June 2012
Denmark’s export to foreign countries was up in April in spite of the problems in the EU area. According to a new trade figures from Statistics Denmark exports reached over Dkr52 billion seasonally adjusted. This is seen as a new record for a month.

Explosion in the levels of Smuggled cigarettes into Sweden

Monday, 11 June 2012
The proportion of smuggled cigarettes into the Swedish market has increased by 25 percent this past year.

Sweden needs to import garbage to meet the need to generate energy from it as incineration facilities expand.

Thursday, 07 June 2012
Billion of kronor are being invested in Sweden to build new incineration facilities, and interests in expanding existing facilities are great. But Sweden’s garbage is not enough for fuel, according to reports.

Growth in the market of luxury products as global income inequality gap widens

Tuesday, 05 June 2012
A new economic phenomenon we’ll have to accept to live with – which is also probably the brain child of capitalism is to accept that those who have more and those who have little or nothing is a way the human race supposed to be.

Swedish people continue to save at record levels but earning low due to banks’ hawkish rate policy. A price way may be on the way.

Monday, 04 June 2012
Swedish people are not spending. They tend to carry out an almost synchronised model of increased saving meaning that domestic consumption is expected to be lower. How this affects production remains to be seen.

Fall in Sweden’s Service Production Index

Monday, 04 June 2012
Swedish service production decreased by 0.5 percent in volume and working day adjusted figures in April 2012, compared to April 2011.

Low taxes not attracting Danish workers to work more

Sunday, 03 June 2012
As the Danish government wants to design the tax reform such that lower taxes will ignite the desire more Danish people to work more, it turns out that lower taxes play little role in increasing the amount of hours to work.

Many people in Sweden are having trouble paying their rents

Friday, 01 June 2012
More than one in ten tenants has fallen behind with rent payments or the payment of other important bills in the past year. One in three is also struggling to cope with unexpected expenses.

Atlas Copco to acquire compressor manufacturer in Turkey

Stockholm, Sweden, June 1, 2012:
Atlas Copco has agreed to acquire the Ekomak Group, a Turkish manufacturer of industrial screw compressors, strengthening its market position in the region. Ekomak has a strong domestic position in industries such as metal works, textile and manufacturing.

Swedish PMI fell in May – Slowing manufacturing activity as orders fail

Friday, 01 June 2012
The purchasing manager’s index for the Swedish industrial sector fell to 49.0 in May from 50.2 months before. The corresponding month last year, the purchasing managers index 56.1.

Reduction of number of shares and votes in Swedbank AB (publ)

Thursday, 31 May 2012
Swedbank’s Annual General Meeting decided on March 27, 2012 to reduce the share capital through cancellation of shares.

Denmark risks ending up like Spain – called to fix its housing market

Rapid growth in Iceland’s property sector makes analysts fear for another crash looming

Swedish household borrowing continues to rise – but at a slower pace

Swedish unemployment reported at 7.8 percent

dish mortgage rates highest in Nordic countries

Swedish Retail trade increased in April

Fake investment broker continue to hit Swedish investors

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