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The downward trend in interest rates came to a halt


The fairly steady downward trend in interest rate levels in the euro zone and in the US, which had continued for over a year, came to a halt at the very end of April, driven by euro rates. At the same time, after a very positive start to the year, the situation calmed down in April in terms of stock market returns in Europe. US companies' currently ongoing first-quarter earnings season has turned out, on average, clearly better than feared. In Europe, too, the earnings season has been, overall, positive.


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"We see the Finland of the future as a place where enterprise and innovation form the basic pillars of society and where each and every person can live the life they have always dreamed about.

We know that by creating financial security we can improve the lives of Finns and the business of Finnish companies and create an operating environment where anything is possible."

–CEO Petri Niemisvirta

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