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Dagens industri: US Tariffs Impact Global Markets; H&M & Nibe in Focus
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Dagens industri
Photo by Igor Omilaev on Unsplash
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Key takeaways
- Global financial markets are responding to the recently imposed US tariffs on pharmaceuticals and heavy trucks
- Asian markets declined on September 26 following the US announcement, with pharmaceutical stocks experiencing the most significant losses
- The Stockholm Stock Exchange, however, is expected to open flat
Global financial markets are responding to the recently imposed US tariffs on pharmaceuticals and heavy trucks. Asian markets declined on September 26 following the US announcement, with pharmaceutical stocks experiencing the most significant losses. The Stockholm Stock Exchange, however, is expected to open flat. This follows a mixed trading period in Asia, which saw gains on September 24 and in early trading on September 25, fueled in part by a strong initial public offering from a Chinese car manufacturer. Conversely, US markets experienced a sustained downturn over two days.
In Sweden, several companies are attracting attention. H&M CEO Daniel Ervér was interviewed regarding the company's strong performance report released on September 25. Nibe is reportedly nearing a significant deal in France, with Pareto Securities analysts assessing the potential impact on the company's stock. Meanwhile, SAAB's stock reached a new record high, driven by positive momentum in the defense sector.
Additional key developments include the appointment of Anna Breman from Sweden's Riksbank as the new Governor of the Reserve Bank of New Zealand. Danske Bank has commented on a substantial investment in Stablecoin, while Bain & Company's macroeconomics expert, Karen Harris, provided an analysis of the current state of the US economy. Colliers also published a new property report featuring insights from its Head of Analysis, Axel Tärn.
Related Topics
financial marketstariffsH&MNibeSAABglobal economy
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