Categories: Stocks

US bank earnings preview: What to expect as the banks kick off Q4 earnings season

Friday sees the third quarter earnings season kick off with a big focus on US banks, as JP Morgan Chase, Citigroup, Wells Fargo, and Bank of America release the latest data. With The US economy managing to remain well within positive growth territory despite a period of monetary tightening from the Fed reserve, markets will be hotly anticipating the outlook for the US economy and any adjustments to bad loan provisions. Scope markets chief market analyst Joshua Mahony dives into some of the key topics to watch out for around this release, while providing technical analysis for all four banks.

Share this article:
Joshua Mahony

Recent Posts

UK jobs data drives GBP lower, as markets await US inflation reports

UK jobs report drives GBP lower Anglo American falls as spin-off plans lessen the chance…

5 hours ago

European markets tread water as we await Wednesday’s US CPI release

Europe treading water ahead of US CPI New Zealand inflation expectations fall US-China relations in…

1 day ago

UK GDP helps lift the pound as traders await Canadian jobs report

UK emerges from recession, with GDP helping to lift the pound US jobs data helps…

4 days ago

FTSE 100 in holding pattern ahead of BoE meeting

European markets in holding pattern ahead of BoE announcement BoE outlook key as we seek…

5 days ago

European indices higher as oil prices continue to slump

German industrial production back in negative territory Oil slump continues, easing inflation fears Uber earnings…

6 days ago

UK stocks on the rise as jobs report and Fed outlook help sentiment

FTSE 100 hit record high after long weekend AUD weakens despite higher RBA inflation projections…

1 week ago