TAGESVORSCHAU: Termine am 28. Oktober 2024 - boerse.de from

TAGESVORSCHAU: Important News of October 28, 2024

October 28, 2024 - boerse.de

What you need to know:

*Key economic indicators for the third quarter of 2024 will be released. *The European Central Bank (ECB) will hold its monthly meeting to discuss interest rates. *Several companies will report their quarterly earnings, including Amazon, Apple, and Microsoft.

Economic Indicators

The third quarter of 2024 will come to a near close as key economic indicators are set to be released. The data will provide insights into the health of the global economy. The U.S. Department of Commerce will release its third-quarter GDP report, which was revised to 2.6% from the previous estimate of 2.9%. Economists expect growth to slow in the fourth quarter due to rising interest rates and geopolitical uncertainty. The eurozone will also release its third-quarter GDP report, which is expected to show a slight slowdown in growth. The ECB will hold its monthly meeting on October 28, 2024, to discuss interest rates. The central bank is expected to raise interest rates again as it continues its fight against inflation. The ECB has already raised rates twice this year, and economists expect at least one more rate hike before the end of the year. Several companies will report their quarterly earnings this week, including Amazon, Apple, and Microsoft. These companies are bellwethers for the global economy, and their results will provide insights into the health of the consumer and business sectors. Amazon is expected to report strong earnings growth, driven by its e-commerce and cloud computing businesses. Apple is also expected to report strong earnings, driven by demand for its new iPhone and Mac products. Microsoft is expected to report solid earnings growth, driven by its cloud computing business.

Stay Tuned

We'll be keeping a close eye on all of these events and will provide updates as they become available. In the meantime, be sure to check out our other blog posts for more insights into the latest economic news.