Trading tension cloud earnings and g -20 heads south
Jason Hawn | Raizer | Getty
The earnings season always rotates with a terrible frequency.
The newsroom reaches every quarter with anxious energy, but it seems to be especially increasing this summer. Recent market records in both the US and Europe, with an unpredictable financial environment, paint a complex picture in the second half.
It all starts on Tuesday with the banking beachs of the United States, with the attention of the Wall Street.
But US President Donald Trump’s policies are still large, Goldman Sax has estimated that the US revenue this quarter has begun to show the impact of prices.
Investment bank economists see “contradictory messages on margin outlook” because companies have announced an increase in a fair price only despite the high rates related to higher rates.
The growth-grade-share growth is also going to put pressure. Goldman has suggested, “Unanimous estimates among analysts have decreased by 4% in the same quarter of the SP PD5 P500 companies.
The banks were ready to dominate the next week – JP Morgan, City, Goldman Sax, Morgan Stanley And Bank of America All are reporting within just two days – maybe Europe can provide some optimism.
According to CNBC’s Jenny Reeds, European banks recently reported them Best first half since 1997? Strong investment was raised by banking returns – their American areas were also capitalized – as well as stock rallies based on Deal betting and real M&A.
G20 Heads to the south
As a man who grew up in Cape Town, this year’s G20 meetings are being held in South Africa, I become a pine for the sun in the southern hemisphere.
The meeting between the Finance Minister and the Governor of the Central Bank next week is an interesting time for the country.
South African president Cyril Ramfososa and Trump had a meeting of the oval office Spectacularly wrong in MayWhen the latter, his South African (now ex -ex -former) made the wrong claims of the “white genocide” by the Elon musk.
It looks like the tension has not diminished.
US Treasury Secretary Scott Bescent Will Skip the meeting completelyAccording to royators, the choice of going to Japan instead. South Africa is also subject to new 30% rateThe only country in Sub-Sahara Africa left alone in the latest round of announcements.
This is not good for a meeting of G20 leaders in Gautang on November 22-23. There is a left to see if Trump will be present.
In May, South Africa’s golfting Great – Joe went to the White House with Ramfosa – failed to win over Trump. But perhaps, with the summer of South Africa, some of the best courses in the world may have seen a seasonal change in his mood about the country later this year.
Post Comment