Get the latest insights on the economy, industries and emerging trends that can help your business tackle the challenges it faces in today’s market. We share the learnings and perspectives of leading experts and innovators in the Nordics, both from Nordea and beyond.
EU lawmakers have approved the final version of the European Green Bond Standard, the first-of-its-kind voluntary standard linked to the EU Taxonomy. We look at some of the challenges with the new regulation and how to overcome them.
“Brave new world” is the title of Nordea’s 2023 Treasury Survey, reflecting a new paradigm of inflation, higher interest rates and geopolitical risks. How are treasurers responding to the changed risk landscape?
For a corporate perspective on the importance of financial targets, Nordea’s Johan Trocmé talks to Niclas Rosenlew, CFO of leading global bearing maker SKF.
'Blue bonds': New ICMA guidance aims to bolster credibility and activity
Blue bonds offer a financial mechanism to address pressing challenges relating to marine conservation and sustainable resource management. Practitioner’s guidance recently published by ICMA aims to support issuers, investors and underwriters interested in “blue” formats in order to catalyse investment in the sustainable marine economy.
A maturing Nordic sustainable bond market: lessons learned and expectations for the future
Sustainable bonds further solidified their position as a legitimate part of the global bond market during 2023. While we are seeing greater alignment in sustainable bond practices across regions, there is much to be learned from the Nordic market in particular.
Kjetil Houg, CEO of Norway's largest domestic institutional investor Folketrygdfondet, offers us a shareholder perspective on financial targets in an interview with Nordea On Your Mind author, Johan Trocmé.
Empowering our workforce: Nordea launches bespoke ESG training curriculum
Nordea’s Large Corporates & Institutions unit continues to invest in building the ESG expertise and skills of staff to help accelerate the transition. A new modular sustainability training programme allows employees to tailor the curriculum to their specific needs and roles.
The Nordea On Your Mind team returns to a favourite topic: financial targets. They examine how companies’ approach to targets has changed in the aftermath of a global pandemic and amid turbulence from rising geopolitical tension, inflation and interest rates.
Norges Bank has hiked its policy rate faster and warned of a higher interest rate peak than previ-ously. We think the policy rate will peak in September at 4.25%, but we are not sure it will stop there. The interest rate market is now discounting rate cuts next year. In our view, interest rates will not start to gradually move lower until 2025.
Economic activity in Norway has flattened, and unemployment has risen slightly but is still at a very low level. Higher price and wage growth and a weaker NOK have led to a steeper interest rate increase. Households and the housing market have started to feel the pinch of the rate hikes.
The Danish economy has been on a remarkable growth journey, which has boosted employment to the highest level ever. The current account surplus has risen sharply, and public finances have been positive for six years running. However, signs of an impending slowdown are starting to show.
Nordea Chief Economist: It's too early to declare victory over inflation
So far, the global economy has been very resilient to the significant monetary policy tightening. Inflation is still high, however, and there is a good chance monetary policy will need to be tightened further.