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...

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