Exchange Timer: US stock indices have retreated from historic highs

Monetary policy decisions will be announced today at 2.45 pm No changes are expected in Lithuanian time, but market participants are especially interested in Ch. Lagarde comments on accelerating inflation.

Preliminary statements for several major euro area economies will also be published today in October. Inflation rates – forecasts that prices in Spain will grow by 4.6 percent. annual rate, in Germany – 4.5 percent. More and more of the world’s central banks are taking action to fight inflation. The central bank of Brazil has shouldered this time – the base rate has been raised immediately by 1.50 percentage points to 7.75 percent.

The real price against the dollar rose 0.48 percent yesterday. (up to 5.54 reals per dollar).

It was announced yesterday that durable goods orders in the US fell slightly less than expected in September – by 0.4 percent. (projected decrease of 1.1%). The weekly rate of newly registered unemployment and the first estimate of third-quarter GDP growth will be released today. The US economy is projected to grow significantly, from 6.7 percent. in the second quarter to 2.6 percent.

U.S. stock indices fell at the end of yesterday’s biggest trading session, with the S&P 500 down 0.51 percent and the Dow Jones 0.74 percent. Boeing’s (-1.53%) quarterly results significantly disappointed investors’ expectations. The company suffered significantly more losses than expected and revenue was 7.3 percent. lower than forecast. Ford shares rose 8.77 percent during the post-trade session, following the news that the company had risen in 2021. profit forecast and announced it would pay dividends again. True, Ford warned that the lack of chips could limit production in 2023 as well. U.S. lawmakers continue to fail to reach agreement on the cost package proposed by Mr Biden. This time, the so-called billionaire tax was not approved.

Sellers took the top on the Baltic stock exchanges. The OMXB index fell by 0.27%, the total turnover of the three stock exchanges amounted to 3.9 million. euros. Among the nine 100 thousand. Shares of Enefit Green (-2.21%), Novaturo (-4.93%) and Harju Elekter (-2.27%), which announced the results of the third quarter, fell the most. Only Ignitis grupė stood out as a positive change (+ 0.48%), announcing its financial results today. Apranga and Tallink Grupp will do the same, tomorrow – Šiaulių bankas and Tallinna Vesi.

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