This week, there are several important economic news highlights to keep an eye on. In the Helsinki Stock Exchange, 23 listed companies will report their first-quarter results, including Nokia, Fortum, Cargotec, Nokian Tires, Harvia and Pihlajalinna. While forecasts for earnings vary, investors will be watching for improvements in performance.
Meanwhile, in the United States, the upcoming interest rate meeting of the Federal Reserve on Wednesday is a major focus for investors. Analysts expect the Fed to maintain its interest rate between 5.25-5.50 percent with a focus on inflation figures. Before this meeting, key macroeconomic data like consumer confidence, private sector vacancies and construction investments will be released. Major companies like Amazon, Coca-Cola and McDonald’s will also report earnings throughout the week.
Inflation figures for April are a crucial aspect of economic news in the Eurozone as well. Economists predict annual inflation to be around 2.3-2.4 percent with core inflation at 2.8 percent. GDP data for the first quarter and March’s unemployment rate are also expected to be released later this week.
Apart from economic news headlines dominating the scene, there is also an influx of information about IPTV subscriptions and online casinos that have been gaining popularity recently among consumers seeking informed decisions.
Therefore it’s important for investors to stay up-to-date with these developments in order to make informed decisions about their investments and financial futures.
