Earnings, ECB highlight holiday-shortened week



A holiday-shortened trading week will see a heavy surge of earnings reports and a widely watched meeting of the European Central Bank.

U.S. equity markets will be closed Monday for Martin Luther King Day.

When trading resumes Tuesday, attention will likely be focused on latest earnings reports from big players in the financial, pharmaceutical and tech sectors.

Morgan Stanley MS, +0.90% is expected to report earnings of 56 cents a share, Tuesday morning, according to a survey of analysts by FactSet. Johnson & Johnson JNJ, +1.51% is forecast to make $1.25 a share when it reports before the bell on Tuesday.

On Tuesday afternoon, IBM IBM, +1.66% and Netflix NFLX, +4.19% will offer their latest results. IBM is seen reporting earnings of $5.44 a share, while Netflix is expected to post results of 45 cents a share for the latest period, according to analysts surveyed by FactSet.

Other notable earnings due in the week ahead include Dow Jones Industrial Average components American Express AXP, +0.19% on Wednesday afternoon, Travelers TRV, +2.24% on Thursday morning and General Electric GE, +0.04% and McDonalds MCD, +0.12% on Friday morning.

In addition to earnings, investors are likely to focus on the latest action from the European Central Bank. The bank’s governing council will meet Thursday in Frankfurt with a news conference to follow with ECB President Mario Draghi.

 Varchev Traders
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy