Business

Market Watch: Earnings Season Heats Up as Fed Decision Looms Amid Political Shifts

Financial Sector Buzzes with Earnings and Fed Decision

This week, the financial world is abuzz with corporate earnings announcements and the US Federal Reserve's monetary policy decision, alongside political developments poised to sway market dynamics. Investors are keenly awaiting financial disclosures from a slew of corporations.

Key Earnings Reports to Watch

Highlighting the earnings calendar are reports from Warner Bros Discovery, Warner Music, Ferrari, and DoorDash, among others. Special attention is on Coinbase, Disney, Uber, and Palantir, as market watchers anticipate their results.

Fed's Rate Decision in Focus

The US Federal Reserve is expected to pause rate cuts, keeping a close eye on the economic impact of fluctuating trade tariffs under President Donald Trump's administration.

Political Developments in Germany

Germany's parliament is set to vote for Friedrich Merz as the new chancellor on May 6, following the CDU, CSU, and SPD's coalition agreement after the recent federal election.

Champions League Semifinals

In sports, the Champions League Semifinal Return Leg at Milan's San Siro stadium on May 6 features Inter against Barcelona, while PSG faces Arsenal at the Parc des Princes on May 7.