Swedish Business Confidence (Apr) 103.3 (Prev. 102.3)
The rise in Swedish business confidence to 103.3 from the prior 102.3 suggests an improving sentiment among firms, which could be indicative of stronger economic activity moving forward.
European Movers: Adidas (ADS GY) +7.5%, UBS (UBSG SW) +5.7%, Nexi (NEXI IM) +5.3%, Haleon (HLN LN) +3.0%, Airbus (AIR FP) +2.5%, Mercedes-Benz Group (MBG GY) +1.5%, Lloyds Banking Group (LLOY LN) +0.7%, Deutsche Bank (DBK GY) -4.0%
Spanish HICP Flash (Apr): 3.5% Y/Y (prev. 3.4%); Core 3.1% Y/Y (prev. 2.8%); M/M 0.7% (prev. 1.7%)
Swedish Business Confidence (Apr) 103.3 (Prev. 102.3)
Japanese PM Takaichi says Japan will engage with Iran for safe passage of ships
Kazakhstan's Energy Minister says they have no intention to leave OPEC
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This uptick may support a more optimistic outlook for growth, potentially influencing central bank policy in Sweden and impacting the SEK in Forex markets.
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