Dear Etorians, 01/29/24
Dear Etorians, 01/29/24
The market remains fundamentally in a wait-and-see position while technological behemoths (Microsoft, Alphabet, Apple, Meta Platforms, Qualcomm and even Amazon) and oil and industrial giants (Exxon Mobil, Chevron, Merck, Pfizer or Boeing) are due to publish their quarterly accounts starting Tuesday.
The Federal Reserve is due to begin a two-day strategy meeting tomorrow, after which a 'status quo' on rates is widely expected.
The US central bank has made it clear that it plans to cut rates this year, but the question now is when, by how much and at what pace.
$NSDQ100 $SPX500
$NU $STNE $OSCR