Recurring series

Nordic Alert

Finvaulta tracks 16 editions of Nordic Alert from SEB, published between May 10, 2026 and September 1, 2026. Each edition is summarized on its own page.

Latest edition · September 1, 2026

PMI figures kick off the dreaded month for stocks 2026 09 01

SEB highlights historical seasonal equity weakness as markets enter September, noting that positive August returns during prior bubble years preceded significant September sell-offs. Focus today is centered on manufacturing PMIs across Sweden, Europe, and the US, as well as European flash inflation.

The September 1, 2026 edition of SEB's Nordic Alert examines seasonal market weakness heading into September, noting that the Stockholm index has fallen in 52% of Septembers since 1980, with positive Augusts in bubble years (2000, 2008, 2021) leading to severe subsequent drawdowns. Macro factors include US 10-year yields reaching 4.77%–4.78% (the highest since 2007), Brent oil holding above $91 per barrel, and AI circular funding concerns highlighted by Anthropic's $35bn compute deal with Lambda. Investors today face a packed schedule of manufacturing PMIs from Sweden, Europe, and the US, alongside Eurozone flash CPI.

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Key takeaways from the latest edition

1.September historically presents seasonal weakness for equities, with the Stockholm Stock Exchange broad index posting negative returns in 52% of Septembers since 1980.
2.Global macro attention is focused on manufacturing PMI figures across Sweden, Europe, and the US, alongside Eurozone flash CPI inflation.
3.US Treasury 10-year yields reached 4.77%–4.78%, trading at their highest levels since 2007, while Brent crude trades above $91/barrel.

What this series covers

Global key stories
Nordic key stories
Today's key events
Market data

Edition archive

Series at a glance

Editions tracked: 16
First edition: May 10, 2026
Latest edition: September 1, 2026

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