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Markets waiting ECB interest reduction (SEB bank)

Rinkos laukia ECB palūkanų mažinimo (SEB bankas)

The Fed did not change interest rates. Investors expected such a decision and expected it that the full focus was on details. When something the FED expects a greater progress in inflation or weakening the labour market . While the economy is growing very fast, today we will publish quarter GDP growth data, the markets are true at 2.6% percent.

The employment market is also stable enough that the unemployment level is at a stable to 4.1 percent. This year the Swedish and Canadian central banks are reducing interest rates. Major U.S. technology companies will recommend publishing results. Still something general trends are not observed. Microsoft’s quarterly results exceeded analysts’ expectations, weaker performance of cloud computing indicators and worse than expected forecasts for the next year disappointed investors,The share price in over-the-counter trading dropped by 5 percent. Tesla valued the announcement of results increased in spite of disappointing quarterly financing. Promises by the electric car manufacturer of new more affordablemodelsandautonomousdrivingconvincedinvestorsandincreasedthecompany’svaluea little.Metahasdeliveredbetterthanexpectedresults,andM.M.Zuckerbergpredicts aprecedentedyear2025.Companyshareincreasedabout2.3percentinover-the-countertrade.Todayinvestorsarelooking forward toApple’sresults.

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