This week, the Helsinki Stock Exchange is in full swing with the earnings season. Meanwhile, investors in the United States are focused on the upcoming interest rate meeting and inflation figures in the Eurozone. According to Kauppalehti, these are the most important economic news highlights for the week.
In Helsinki, 23 listed companies are expected to report their first-quarter results throughout the week. On Monday, Nokia’s results will be among those announced, followed by companies like Fortum and Cargotec later in the week. Nokian Tires is anticipated to show improvement in earnings, although forecasts vary. Investors will also be watching for results from companies like Harvia and Pihlajalinna after May Day.
In the US, all eyes are 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 for April have already been published in