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.

Boeing

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.


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