Company / Analytics

Analytics, 11 October 2021

What will drive the markets this week?

Global stocks ended lower last Friday, despite some gains for US stocks in a volatile week.

The fourth-quarter earnings season kicks this week with Big Banks including JPMorgan, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup & BlackRock reporting. Banks are expected to report slightly higher earnings this quarter, led by their investment decisions which were active during what is seen as a record-breaking takeover season.

Meanwhile, Delta Air Lines report on Wednesday will provide an initial assessment of the state of economic recovery. Airlines are expected to present better outlooks, according to a recent report by the International Air Transport Association (IATA) which predicts airlines in North America will return to profit by next year.

Investors will also get more details on the U.S. labor market with the release of the JOLTS report on Tuesday; that report has implications on global markets. Here is a quick summary of events that will drive markets this week.

Monday, October 11:

Tuesday, October 12:

Wednesday October 13:

Thursday October 14:

Friday October 15:

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