US inflation is increasingly becoming a non-story. The month-on-month rise in consumer prices almost halted in July. This reinforces the Federal Reserve's "no rush to hike yet" narrative.
Sampo Group continued to deliver strong results in the first half of 2026 driven by broad-based top-line growth combined with strong underwriting margins.
The cost of weather phenomena in Europe this summer has already been estimated at hundreds of billions of euros. Record-breaking heatwaves, drought, and forest fires have hit the same areas simultaneously, and their impact is also visible in economic statistics. The full costs will only materialize years from now.
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Just a few years ago, China was a key demand country for German industry. Now it has fallen to the fifth most important export destination, and the gap is widening further.
Last week was a rising week for European and US stock markets. The July employment report from the US, released at the end of the week, revealed vulnerabilities in the economy.
The El Niño weather phenomenon recurs every few years, raising global temperatures, bringing heavy rainfall to South America, and simultaneously causing droughts in Asia. Its effects can also be seen in our wallets.
Are we there yet? The question is all too familiar from family road trips during summer vacation, but it is increasingly on investors' minds regarding the current economic cycle. It is a good reminder that a cycle never dies of old age, but rather from structural problems.
During Kevin Warsh's tenure as Governor of the Federal Reserve, two things have happened: the central bank has increasingly put the ball in the court of market participants and stopped "guiding" the market. This means confusion and volatility.
The yen's exchange rate has slipped to its lowest level in 40 years, and on Friday, Japan and the United States jointly intervened in the matter. Currency interventions are not common, and the US has its own interests in them.
The European Central Bank's interest rate decision on Thursday was expected. The central bank raised its key interest rates by 25 basis points, bringing the deposit rate to 2.25%.
China's export growth accelerated significantly in May. Growth reached 19.4% after an already strong 14.1% in April, exceeding the market's 15% expectation.
Last week was volatile for the stock markets: Nasdaq Helsinki managed to end the week in positive territory, but a down week was seen more broadly in Europe and the United States. The AI theme continues to find investors' interest. Further, interest rate hike expectations gained momentum in the US as employment figures surprised positively.
Eurozone inflation accelerated to 3.2% in May from 3.0% in April, as energy costs and service prices rose sharply. The figure published by Eurostat on Tuesday reinforces expectations of an interest rate hike by the European Central Bank later this month.
Momentum investing has once again captured investors' interest, thanks to the AI boom. The strategy is based on a simple observation: shares that have performed well in the recent past often continue their strong development in the medium term.