Gold price
Manager after the rush: Gold price has more to give
The gold price has rushed to new records and is now within reach of $3,000 per ounce. But gold has even more to gain, predicts AuAug manager Eric Strand, who himself has a niche in precious metals.
The Fed's interest rate cuts and increased optimism about Trump's tax policy could cause the gold price to accelerate, says Strand.
- There is around another 10 percent upside this year.
Strand also hits out at gold mining companies as "a second chance", where valuations have not kept up with the same pace.
The companies' production costs have certainly risen, but margins will improve sharply this year, he says.
Trump's tariffs
Breman on tariffs: Swedish GDP would be subdued
Trade barriers such as tariffs would damage growth for Sweden, but it is not certain that they would drive up inflation. That was the message when First Deputy Governor of the Riksbank Anna Breman spoke for the Norrbotten Chamber of Commerce in Kiruna.
– Swedish GDP would be subdued while the effect on inflation in Sweden is uncertain, she said according to the prescribed speech.
She also said that weaker growth in Europe would also lower demand and thus dampen inflation.
Manager after the rush: Gold price has more to give
The gold price has rushed to new records and is now within reach of $3,000 per ounce. But gold has even more to gain, predicts AuAug manager Eric Strand, who himself has a niche in precious metals.
The Fed's interest rate cuts and increased optimism about Trump's tax policy could cause the gold price to accelerate, says Strand.
- There is around another 10 percent upside this year.
Strand also hits out at gold mining companies as "a second chance", where valuations have not kept up with the same pace.
The companies' production costs have certainly risen, but margins will improve sharply this year, he says.
Trump's tariffs
Breman on tariffs: Swedish GDP would be subdued
Trade barriers such as tariffs would damage growth for Sweden, but it is not certain that they would drive up inflation. That was the message when First Deputy Governor of the Riksbank Anna Breman spoke for the Norrbotten Chamber of Commerce in Kiruna.
– Swedish GDP would be subdued while the effect on inflation in Sweden is uncertain, she said according to the prescribed speech.
She also said that weaker growth in Europe would also lower demand and thus dampen inflation.
Aluminum import ban threatens Sundsvall producer
The EU is considering stopping imports of the raw material primary aluminum from Russia, DN reports. This could have serious consequences for Sweden's only aluminum producer, Kubal in Sundsvall.
If the EU goes ahead with the proposal, Sweden will also lose a "major employer and taxpayer," writes the Russian owner Rusal in a document that the newspaper has seen.
The factory in Sundsvall employs around 450 people.
The EU is considering stopping imports of the raw material primary aluminum from Russia, DN reports. This could have serious consequences for Sweden's only aluminum producer, Kubal in Sundsvall.
If the EU goes ahead with the proposal, Sweden will also lose a "major employer and taxpayer," writes the Russian owner Rusal in a document that the newspaper has seen.
The factory in Sundsvall employs around 450 people.
Tariffs could hit car companies hard: "Lower demand"
The automotive sector could be hit hard if Donald Trump makes good on his threat to introduce car tariffs of 25 percent. This is what the CEO of the industry organization Mobility Sweden, Mattias Bergman, tells Ekot.
- The entire automotive industry is built on free trade and what is happening right now is a threat to free trade. With higher tariffs, there will be lower demand, he says.
Higher tariffs will not only lead to lower demand, but also to greater complexity in logistics, he warns. In addition to car companies, suppliers of components and metals will also be affected.
The automotive sector could be hit hard if Donald Trump makes good on his threat to introduce car tariffs of 25 percent. This is what the CEO of the industry organization Mobility Sweden, Mattias Bergman, tells Ekot.
- The entire automotive industry is built on free trade and what is happening right now is a threat to free trade. With higher tariffs, there will be lower demand, he says.
Higher tariffs will not only lead to lower demand, but also to greater complexity in logistics, he warns. In addition to car companies, suppliers of components and metals will also be affected.
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