Company / Analytics

Analytics, 12 October 2020

What will drive the markets this week?

Stocks closed higher last week with major US indices registering their best week since July as investors remained optimistic over prospects for another round of fiscal stimulus from Congress and the prospects of a Biden lead.

This week, several big-name companies are set to make headlines as the third-quarter U.S. corporate earnings reporting season gets underway. Major banks such as J.P. Morgan’s, Bank of America, Goldman Sachs, Citigroup, and Wells Fargo are set to report earnings.

Apple will also host an event on Tuesday morning that will include an announcement of the iPhone 12 while Amazon Prime Day which is expected to jumpstart holiday shopping starts this week. Here’s a look at other events that will drive the market this week.

Monday, October 12:

U.K. Bank of England Governor Bailey Speaks China Trade Balance report

Tuesday, October 13:

Wednesday, October 14:

Thursday, October 15:

Friday, October 16:

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