(Obi.no:) We’ve put behind us once a scruffy week in the global stock markets. Overall, ended global shares down 3.6 per cent, measured in local currency, after the impetuous movements both from day to day, and intraday.
“the Oslo stock Exchange also made it miserable with a fall of 4.2 per cent. This begins to look like a real correction, and will probably characterize the stock markets this week also,” writes chief strategist Leif-Rune Husebye Rein in Nordea Wealth Management in the recent update.
This week
Selskapsrapporteringen in the united STATES continues to fully with the new 130 companies reporting, with well known names such as General Eletric, eBay, Pfizer, Facebook, AIG, Starbucks, Exxon Mobil, Chevron, Metlife, and, not least, the world’s biggest company: Apple.
“the Reporting from the united STATES is a bright spot in a stock market that is driven by fear, but whether it’s enough to reverse the negative mood remains to be seen”, called it from the sjefstrategen.
There is also a set of important key performance indicators this week.
most Importantly in the united STATES is, according to Husebye Rein ISM index for the manufacturing industry, arbeidsmarkedsrapporten and inflasjonstall.
It comes leading indicator from Europe with the PMI index for the manufacturing industry, and we get the GDP estimates for the eurozone, as well as the last inflation measurement.
There is also the monetary policy meetings both in the Uk and Japan.
Will prelle of
“From China comes the most important PMI indices, and in the light of the sharp fall in the chinese stock exchanges in the year because of the concern around vekstbildet these indexes get a lot of attention If the sentiment from last week continues, will investors react to even small disappointments, while positive news will prelle of,” writes sjefstrategen in the update.
In the weekend, there were also presidential elections in Brazil, and the right-wing Bolserano won clearly, something the markets according to Husebye Reindeer will take positively.
“the Development is mixed in the asian markets, but it is enough just to prepare for another volatile week,” writes Nordea-the strategist.
Other financial news:
New oil discovery in the Johan Castberg
Getting more money to spend in the oljejakten
