The last two weeks on the stock market have been marked by a decrease in investor activity, which has become more cautious ahead of a number of important events. The fall in stock indices caused by profit-taking in the technology sector and increased risks has become one of the main factors influencing this trend. Investors are anxiously awaiting the Fed's rate decision, which will take place on Wednesday. Any signals of a possible rate cut will be carefully analyzed, as the market expects such a move in September. Major technology companies such as Microsoft, Apple, Amazon and Meta are also publishing their financial reports this week. The results of these companies can significantly affect market sentiment, especially against the background of the already falling shares of technology companies and disappointing earnings data from Alphabet. Key data on the US labour market is expected to be published on Friday, which will be taken into account by the Fed when making a rate decision. The influence of the «bearish» sentiment has spread to European stocks. The Asian market is also influenced by this trend: positioning in the Japanese market has been moderate, and the Chinese market is experiencing an increase in short positions due to concerns about slowing economic growth.
PAUTAN SEGERA