The closure of the Hormuz Strait in the Middle East has driven oil prices significantly higher, according to Calle Söderberg, savings economist at Nordnet. 45 per barrel, according to multiple sources. Qatar's energy minister warned that the Iran war could push oil prices much higher within weeks.
50 early Monday, a single source reported. US President Donald Trump's blockade of the Hormuz Strait is expected to take effect at 4:00 PM today, a single source reported. Stock markets declined sharply across Sweden and globally.
2 percent, according to multiple sources. The OMXS30 index has fallen about 8 percent since the US attack on Iran began in late February, according to two sources. Stockholm's broad OMXSPI index has fallen 10% since the US attacks on Iran began one month ago, according to multiple sources.
1% (OMXS30) after Iran peace talks failed, a single source reported. 5%, South Korea -10%, according to multiple sources. The Oslo Stock Exchange is up 17% since the start of the year, while Stockholm and Copenhagen are down, according to multiple sources.
The Stockholm Stock Exchange opened up on Wednesday after recent falls, according to three sources, and is expected to open clearly up, according to two sources. 24 out of 31 Gothenburg-listed companies on the Stockholm Stock Exchange main list have seen their share prices fall over the past five weeks, according to two sources. Sector-specific impacts were notable.
Real estate companies Balder and Platzer have fallen 17 and 15 percent respectively in nearly five weeks, according to two sources. 6 billion, below the forecast of 18 billion, a single source reported. 1%, according to multiple sources.
Currency and fund flows showed stress. The Swedish krona is the G10 currency that has taken the biggest hit from the Middle East war, according to Danske Bank analysis. 6 billion SEK in March, with about 8 billion moved to lower-risk interest funds, a single source reported.
US job losses and market patterns emerged. US job statistics showed 92,000 jobs lost outside agriculture in February, according to multiple sources. Stock markets have shown a pattern of rising Monday-Wednesday and falling Thursday-Friday since the Iran war began, according to Bloomberg analysis.