Economy

The development of the Swedish krona
The krona continues to perform poorly against the dollar

The Swedish krona continues to perform poorly against the US dollar. According to Bloomberg's weekly index for the dollar, the krona has fallen 5.40 percent this year, a figure that stands out compared to the world's other most traded currencies.

The Canadian dollar and the Danish krone are also losing ground against the US dollar.

The list of currencies that are doing well includes the Australian and New Zealand dollars. The Norwegian krone has also risen against the dollar.

The AI ​​fever on Wall Street
BIS warns: AI investments risk a prolonged crash

The central banks' bank BIS warns that the technology sector's massive AI investments risk ending in a prolonged investment crash, reports the Financial Times.

BIS writes in its annual report that the five largest technology giants are expected to invest over $1 trillion between 2025 and 2026, and that a disappointment in the return could lead to a rapid halt in funding for AI companies.

Fuel prices
Lowest gasoline price in ten years – then the Norwegians will come

Sweden will have some of Europe's lowest gasoline prices from Wednesday after the government's temporary tax cut, reports TT. The price is expected to drop to around 13 kronor per liter, the lowest level in ten years.

The industry organization Drivkraft Sverige predicts a rush to gas stations, not least from Norwegians crossing the border in search of cheaper fuel.

- There could be a short-term shortage of fuel for a few hours, says David Sällh, head of emergency preparedness at Drivkraft Sverige.

Space X IPO
Space X could be the fastest company ever to reach the Nasdaq-100

Space X looks set to be one of the fastest companies ever to be included in the elite Nasdaq-100 index, reports CNBC. The inclusion could open up new buying pressure from passive investors, writes Dagens Industri.

The Nasdaq-100 contains around a hundred of the largest companies on the Nasdaq exchange. When a company is added to the index, the stock must be bought by funds that follow it.

According to CNBS, Space X will initially be weighted at just under 1 percent.

Criticism of Google
Google could be required to pay millions: “Strong evidence”

The Patent and Market Court is expected to announce its verdict in the dispute between Klarna-owned Pricerunner and Google on Wednesday, reports TT. After the EU ruled that Google had violated EU competition rules, Pricerunner is demanding SEK 77 billion in damages.

Pricerunner's lawyer Pontus Scherp says he has “extremely strong evidence”.

– It’s a long, long, long period of abuse that has had a huge impact.

A similar case in Germany ended last winter with Google being ordered to pay around 5 billion kronor to the price comparison site Idealo. The verdict in the Swedish case has been postponed three times due to its complexity.