Caspar Rock: Monday markets - the week ahead on 23 April

US earnings expectations are turning cautious. In Asia markets are optimistic, with hopes riding on progress in trade negotiations



Caspar Rock
Chief Investment Officer

Quarterly earnings ahead of lowered forecasts

We are in the midst of earnings season, with more than a quarter of the S&P 500 reporting first quarter results this week. So far, profits have exceeded reduced forecasts, but revenue growth has not been quite as strong.

Chinese data shows modest but broad based pick-up in activity

Equity markets rallied in the week leading up to Easter, supported by the release of encouraging Chinese data.

Oil price rise as US takes tough line on Iran

Oil prices rose after the US ruled out an extension of the waivers that allow oil-importing nations to buy from Iran.

Quiet week for data; Brexit discussions resume

In the UK, parliament returns from its well-deserved holiday to restart Brexit discussions.

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Caspar Rock
Chief Investment Officer