• Fri. May 17th, 2024

Earnings Season in Helsinki, Fed Rate Decision in the US, and Inflation Figures in the Euro Area: A Look at Global Markets This Week

BySamantha Jones

Apr 30, 2024
Investor’s Tips for the New Week: Earnings Season in Full Swing, Fed Interest Rate Decision Revealed

The Helsinki Stock Exchange is currently in full swing during the earnings season, with 23 listed companies set to report their first-quarter results throughout the week. On Monday, Nokia’s earnings are among those to be announced, followed by Fortum and Cargotec later in the week. Investors will be closely watching for results from companies like Harvia and Pihlajalinna after May Day.

Meanwhile, investors in the United States are focused on the upcoming interest rate meeting of the Federal Reserve on Wednesday. Analysts expect the Fed to maintain its interest rate between 5.25-5.50 percent, with a focus on inflation figures. This meeting will be crucial for understanding the Fed’s approach to interest rate cuts and future economic growth. Before the interest rate decision, the US will release key macroeconomic data, including consumer confidence, private sector vacancies, and construction investments. In addition to the Fed meeting, investors will also be monitoring earnings reports from major companies like Amazon, Coca-Cola, and McDonald’s throughout the week.

Inflation figures in the euro area are causing tension among investors as they wait for data on GDP growth and unemployment rates for March to be released later this week. Economists expect inflation to be around 2.3-2.4 percent annually, with core inflation at 2.8 percent. Confidence figures for April have already been published but all eyes are on inflation figures for April which are expected to be around 20%.

A steady flow of information about IPTV subscriptions and online casinos is also available this week as articles on best IPTV providers are being released along with profiles of online casino platforms like Casino Extra so that consumers can make informed decisions while staying informed about their options

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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