Wednesday, January 27, 2016

Broad market decline in the USA – OBI Online

Federal Reserve kept interest rates unchanged on Wednesday and did thus investors on Wall Street nervous.

The background signals that the economy is slow, and that the central bank therefore follow market developments closely, writes CNBC.

This led the Dow Jones fell 1.38 percent to 15,944.46, the S & amp; P 500 was down 1.09 percent to 1,882.95, while the Nasdaq peeled off 2.18 percent to 4468, 17.

– I think it is to acknowledge that the global economic and financial development will be closely monitored which is why, since it could potentially lead to changes in Fed outlook, says strategist Craig Bishop in RBC Wealth Management to CNBC.

At the price of oil rose monnet other words, not Wednesday. WTI oil was finally up 1.40 percent to $ 31.89, while Brent oil rose 3.02 percent to $ 32.76 a barrel.

Apple
Apple let after closing on Wall Street yesterday presented figures for its accounting Q1 (ended 26 December). Earnings were again at record levels: $ 18.4 billion in net income on revenues of 75.9 billion in the quarter.

But the figures also showed the weakest sales growth for the iPhone since its introduction in 2007, and the stock is punishable by a price drop 3.8 percent to $ 99.99 in today’s pre-trading on Wall Street.

The company guides reach revenues of 50-53 billion dollars in the first three months of 2016, which, according to Market Watch will be the first quarterly revenue drop since 2003 – and the consensus of 55.5 billion dollars.

The share thus declined 6.55 percent to $ 93.44.

Boeing
Boeing announced Wednesday during a core eps of 1.60 dollars in the fourth quarter of 2015, against 2.31 dollars in the same period in 2014.

It was expected in advance the result of 1, $ 26 per share, showed estimates from Thomson Financial.

For 2016 guides the company earnings per share of 8.15 to 8.35 dollars, against expecting $ 9.42, according to TDN Finans.

Meanwhile, guidance for diftsresultatet 93-95 billion dollars, against expected $ 97.2 billion.

That sent the stock down entire 8.93 percent to $ 116.58.

Unchanged interest
The Monetary Policy Committee of the Federal Reserve (FOMC) decided to keep its key rate in the US flat at 0.25-0.5 percent. Thus makes no rpm changes from December, when the central bank made the first interest rate hike since 2006.

Fed was also expected in advance to keep interest rates unchanged.

More Surprisingly, it was considered that the central bank gave no indications of changes in the way forward.

The monetary policy committee confirms otherwise that even though economic growth is slow, as is the trend in the labor market positively, and the Committee expects that the persistent low inflation will change.

Read the interest message here

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