First Quarter 2022 Investor Presentation
Development in financial markets
Equity markets
Interest rates
Since end 2019
-OMX Stockholm
32%
-S&P500
MSCI World
Annual yield of 10-year government bonds (%)
38%
24%
-Sweden
-Germany
United States
170
Since peak
-18%
-10%
-12%
3.50
2.50
140
1.50
110
0.50
80
-0.50
50
-1.50
Dec-19
Jun-20
Dec-20
Jun-21
Dec-21
Apr-22
Dec-19
Jun-20
Dec-20
Jun-21
Dec-21
Apr-22
Commodity and energy prices
Inflation rates
2000
-TTF: Natural gas price in the Netherlands, indexed (LHS)
-S&P Goldman Sachs Commodity Index, GSCI (RHS)
Consumer price index, YoY (%)
Sweden
200
10.0
Euro area
United States
8.0
1500
150
6.0
1000
100
4.0
2.0
500
50
0.0
0
Dec-19
0
-2.0
Jun-20
Dec-20
Jun-21
Dec-21
Apr-22
Dec-19
Jun-20
Dec-20
17
Note: equity market data, commodity price and energy price series are indexed assuming 2019-12-31 = 100. Data as per 25 April. Source: Macrobond.
Jun-21
Dec-21 Apr-22
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