Head of Research & Strategy, Sweden
Mikael heads the teams responsible for Nordea Markets' Swedish macro research, fixed income including credit strategy, FX strategy and Structured Advisory. In his research he focuses on forecasting the broader macro trends and how these impact on the various markets.
Prior to Nordea, Mikael worked nine years as a senior portfolio manager at SEB and the latter part also as head of SEB's fixed income hedge funds. Before that he was Chief Economist at JP Bank.
The Riksbank’s RU-indicator falls back, almost at post-Lehman levels.
Services PMI has been quite volatile the last year. The increase in today’s figure was broad based. Headline PMI rose to 52.4, the highest since July. It was driven by orders jumping to 53.9.
Everybody knows that the economic situation in Southern Europe is dire. Occasionally, one gets the feeling that there is no way out. Now, one should not belittle the hardship that ordinary people in Greece, Spain and other countries go through; …