Stock market week with many quarterly figures and ECB meeting |...

In Amsterdam this week, quarterly results are on the roll of chip supplier ASMI, telecom company KPN, beer brewer Heineken, oil and gas company Shell, biotechnologist Pharming, aviation group Air France-KLM, fitness chain Basic-Fit, payment service provider Adyen, information supplier Wolters Kluwer, engineers and consultancy Arcadis and optical company GrandVision.

Elsewhere in Europe, the agenda is also packed, with figures from the oil companies BP and Total, the major banks HSBC, Credit Suisse and Deutsche Bank, chemical giant BASF, brewers AB InBev and Carlsberg, aircraft manufacturer Airbus, software producer SAP, pharmaceuticals Sanofi and Novartis and automaker Volkswagen.


In the United States, these are big names such as aircraft manufacturer Boeing, pharmaceutical group Pfizer, software company Microsoft, industry conglomerate General Electric (GE), automaker Ford Motor, machine builder Caterpillar, biotechnologist Gilead Sciences, motorcycle manufacturer Harley-Davidson, coffee chain Starbucks, food manufacturer Kraft Heinz and the oil companies ExxonMobil, ConocoPhillips and Chevron. Especially Thursday after the market is going to really hit Wall Street with results from Amazon, Apple, Twitter and Google mother Alphabet.

On the macroeconomic front, data is reported on, among other things, business confidence, unemployment and retail sales in Germany. There will also be preliminary estimates of the growth of the French and German economies and that of the eurozone in the third quarter. Information on inflation and unemployment is also published at European level. Data comes from the US on, for example, consumer confidence, the housing market and economic growth in the recent period.

Policy meeting of the ECB

The ECB will hold its policy meeting on Thursday. Monetary policy is not expected to change, but ECB President Christine Lagarde can hint at new stimulus measures in December to help the eurozone economy through the corona crisis.

The AEX index on Beursplein 5 closed almost unchanged at 554.34 points on Friday. The MidKap climbed 0.4 percent to 827.41 points. Frankfurt, London and Paris thickened up to 1.3 percent. The stock exchanges in New York showed small results on Friday. By the way, the markets on Wall Street will open and close an hour earlier than normal this week due to the start of winter time in Europe. Next weekend will also start winter in the US.

Source link by

*The article has been translated based on the content of Source link by
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

These were the details of the news Stock market week with many quarterly figures and ECB meeting |... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Riyadh Air signs 5-year deal to use GE Aerospace’s software
NEXT Saudi banks witness 11% surge in loans to $726bn, fueled by corporate activities