Swedish Economic Tendency Indicator (Apr) 99.0 (Prev. 99.9)

The decline in Sweden's Economic Tendency Indicator from the previous month suggests a slight weakening in economic sentiment.

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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 Economic Tendency Indicator (Apr) 99.0 (Prev. 99.9)

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While the drop isn't dramatic, it raises questions about the underlying economic momentum and could have implications for policy direction, particularly if this trend continues.

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