Global shares near five-month high
US earnings season begins this week with major Wall Street banks JPMorgan, Citigroup and Wells Fargo reporting on Tuesday
13 July 2020 - 11:21
London/Sydney — World shares were approaching a five-month peak and the dollar slipped on Monday as investors wagered the earnings season would see most companies beat forecasts given expectations had been lowered by coronavirus lockdowns.
The US earnings season begins this week with major Wall Street banks JPMorgan, Citigroup and Wells Fargo reporting on Tuesday. It's expected to be the second-biggest quarterly earnings drop since 1968, according to Refinitiv data...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.