Week ahead: Goldman Sachs; Alcoa; Deliveroo; UK and China retail sales; ZEW; OPEC
The earnings season gets into full swing with earnings from big names including Goldman Sachs, Morgan Stanley, Alcoa, and Deliveroo.
(AI Video Summary)
Busy trading week with lots of news incoming
There will be a bunch of economic data coming out, like how well Germany's economy has been doing over the past four years, how much stuff the eurozone has been making and selling, how confident consumers are feeling in Australia, how many people are out of work in the UK, and how well manufacturing is going in the US. We'll also find out how China's economy did in the last quarter of the year, what prices are looking like in the UK, and how many people are without jobs in Australia and the US. Other countries like Japan will also be releasing economic reports.
Earnings from big companies
On top of that, lots of companies will be telling us how well they did in the last quarter of the year, like PageGroup, Ocado, Rio Tinto, Goldman Sachs, Just Eat Takeaway.com, Alcoa, Dunelm, Currys, Flutter Entertainment, Deliveroo, and Schlumberger. We'll be especially interested in what Alcoa has to say, because it usually gives a good indication of how the mining industry is doing. The earnings season is going to be really important for the stock market, and investors will be paying close attention to what company CEOs say about the future.
There are also some other things happening around the world that could affect how people feel about the market. There are elections going on in a few countries, and there might be some changes to interest rates. Plus, the prices of oil and gold have been going up and down a lot, which could also influence how people feel about the market. Investors will be keeping a close eye on all of these things and looking for opportunities to make trades.
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