Markets fluctuate before the meeting of the US Federal Fed

World stock markets on Wednesday moves multidirectional on the eve of the next meeting of the US Federal Reserve System. US indices on the eve of the day before within 2.5%, waiting for investors to tightening the Fed monetary policy following the January meeting, January 25-26. Negative corporate news also affect the mood of market participants. In particular, General Electric in the fourth quarter of 2021 received a net loss of 3.9 billion dollars after net profit a year earlier, and its revenue decreased 3%, up to 20.3 billion dollars, being worse than the forecast.

In this case, investors practically did not pay attention to economic statistics. The consumer confidence index in the USA in January was higher than the forecast, declining to 113.8 points, although the market was expected to reduce the indicator to 111.8 points. Now market participants are in anticipation of important data on the dynamics of US GDP in the fourth quarter. According to experts, the country’s economy has grown by 5.5% for this period.

Asian stock exchanges on Wednesday add to 0.2% by The main indexes after a strong fall day earlier. Market participants assess the beginning of the reporting season, this week is expected to publish data from companies such as Kia, Samsung and LG Electronics. European markets continue to recoup the data on an unexpected increase for the first time in six months of the business climate index in Germany. This indicator increased to 95.7 points, although the market predicted the maintenance of December 95.2 points.