the stockholm stock exchange, has started the year with both ups and the case, very much in the context of what has happened in the conflict, and the united states–the situation in Iran. But these movements are not exceptional, and it’s all well and good, according to Michael Måhlén, chief strategist at svenska Handelsbanken.
the Link to the global economy is through the price of oil, ” he says, and the oil production in the region has been spared in the recent attacks.
” the Price has certainly risen, but the movement is not strikingly large. Most people assume that this is a war that is basically going to stay low key, rather than escalate into a full-scale war. And don’t even know if it would escalate to such a need, it could lead to a global recession, ” says Michael Måhlén.
they have been quiet börsreaktionerna is that the Middle east is already in conflict affected regions.
” It’s a little bit like it is with the attacks on how awful they may be. I have to make a huge impact on the markets after the september 11, 2001, and since then, it has become smaller with each attack. Today, it is in principle possible to say that one should not see any impact on the financial markets, when it’s done, ” says Michael Måhlén.
” It has been, and the thought of investing, now, in the beginning of the new year, may do well to wait a little longer and see where the conflict is taking to the road, according to Mary Landeborn, sparekonom at Danske Bank. However, some of the major adjustments in the portfolio, it is not necessary than it is, she says.
” It is a market that tends to be the most resilient when it gets scared, is the united states. So if you want to stabilize a little bit, but still be exposed to the stock market to increase their exposure to the united states, despite the fact that they are the main protagonist in this conflict, ” says Landeborn.
Arturo Arques, privatekonom with Swedbank in stockholm, said that those who are concerned may wish to consider in their risk exposure, and may strengthen your savings for more börsoberoende forms, such as money market funds.
“if, for example, a regular fondsparandesparande, then keep it but reduce the number of shares and increase the share of the debt,” he said.
Oil prices rose sharply on the news of Iran’s hämndattack of the department of homeland security in the country.
the north sea oil Brent crude rose more than 4 percent to more than 71 dollars a barrel in the early morning hours, and fall back. At 16 o’clock on Wednesday, the price of 67 dollars a barrel at the level of the euro.
While the american WTI-oil is a similar price. After having peaked at 65: $ 50 barrel price dropped down to 62:30 to the dollar in the afternoon.
as the price level falls, can be interpreted as the iranian reaction was more muted than what the market had expected. But on Friday, oil prices rose after the president of the united states, Donald Trump has ordered the lethal attack against the iranian general Qassem Soleimani. The price level is still a bit higher than what it used to be for a week or so ago.
the Price of petrol and diesel were raised already on Tuesday, as a result, it is more expensive, the price of oil. The leading supermarket chains in Sweden, raised the target price of 95-octane gasoline by ten cents to 16:23 and the crowns low. The price of diesel was increased by the same amount, and landed on 16 of 93 sek per liter.
But on Wednesday, the backing of the companies, when it comes to the price of petrol, and took it back to the event. This was a result of the listing of the price of petrol went down. However, is the increase in the diesel fuel left over.
It should also be noted that the price of oil is only one of many factors that affect the price at the pump. Fluctuations in foreign currency exchange rates, the companies ‘ margins and taxes, and will also have an impact.
Gold has always been regarded as a safe investment in times of international conflict and concern. So this time as well. Within a week, the price of gold has risen by 5.2 per cent.
the Increase has largely occurred in two phases. On Friday, the day that general Soleimani was killed, the price of 1.367,up to 43 euros per troy ounce, the unit that gold is measured at the global level – to-sek 1,393,of the 91 million.
in iran, the attack became known, the price rose from around 1:410 euro per ounce, to a maximum of 1,440,an increase of 35 million, only to fall back to a 1.424 million.
this is A troy ounce equivalent to 31.1 grams.
the Conflict between the countries has had an impact on the u.s. airline industry. In the american aviation authority the FAA has indicated that it is planning to prevent any american carriers from flying in the airspace of Iran and Iraq. In addition, the stopped-at that passes through the airspace of the gulf of Oman, and the waters between Iran and saudi Arabia, according to the Reuters news agency.
the Decision is given to the ripples in the water. On Wednesday morning halted the German airline Lufthansa for its scheduled flights to the Iranian capital city of Tehran. Initially, the plan was to put an end to the traffic of iranian and iraqi air space. However, in the afternoon, resumed the traffic of Tehran in the absence of a concrete threat, according to the company, in a press release.
“We’re going to continue to fly over the iranian and iraqi air space,” says Neda Jaafari, presstalesperson in Europe, on the airline.
Finland has made a different decision. Their flight to Dubai, passing by in the regular case, iranian air space. Now, taking a flight is a round of the national airspace. For the travellers, with the airline industry, this means a two-hour-long journey.
In the morning would fly up to Dubai, but we had to postpone it until we had arrived at a decision. We understand that people have had to wait a long, long time, but safety is the most important thing for us, ” says presschefen Paivjit Dahlqvist.
Air france-KLM, australia’s Qantas and Japan airlines are some of the more, which does not fly all over the iraqi and iranian air space. Also, the airline SAS, has been set up, a plane would have been traveling to Beirut, Lebanon. In this case, it was because of the unrest following the recent plane crash in Iran.
Norwegian air will fly over the iranian airspace, for both the Dubai and Tel Aviv. In the morning, and stated to the company that they have changed their routes.
He Soon is a flyganalytiker of the company Aeropol. He believes that it is too early to comment on how the flygrutterna may be affected. On the other hand, he’s a risk.
” It’s the most damaging would be if the price of fuel goes up as a result of the fact that oil prices are rising. Then there will be an additional burden on the airlines. There is a large portion of their operating expenses, ” says Anders Lidman.
Read more: Iran may intentionally have avoided any serious injury.