The Week Ahead: Lloyds Bank, HSBC, Walmart

TL;DR

US markets continue to perform well, driven by strong earnings from technology stocks, while the FTSE 100 faces pressure due to weakness in basic resources and concerns about the impact of coronavirus.

Transcript

hello I'm Richard hunter and welcome to our look ahead to the week commencing the 17th of February much of the things have pretty much remained the same over the last week or so the US markets continue to go ahead strongly as the owning season which is now largely wound down has been a pretty good one in particular of course as we've been mentionin... Read More

Key Insights

• 🪛 US technology stocks, like Microsoft, Apple, Amazon, and Alphabet, have driven market growth in the US.
• 😀 The FTSE 100 has faced pressure due to weakness in basic resources sectors and concerns about the impact of the coronavirus outbreak on tourism and airline stocks.
• 💨 US market reporting season is winding down, with updates from Kraft Heinz and Walmart, providing insights into their performance.
• 👨‍💼 HSBC and Lloyds will report in the UK, with a focus on the Chinese economy for HSBC and business streamlining for Lloyds.

Questions & Answers

Q: Why have US markets performed well recently?

US markets have been boosted by strong earnings from technology stocks like Microsoft, Apple, Amazon, and Alphabet (Google's parent company), which have propelled market growth.

Q: Why has the FTSE 100 struggled in comparison?

The FTSE 100 has faced pressure due to weakness in basic resources sectors, influenced by the demand from China. Additionally, concerns about the impact of the coronavirus outbreak on tourism and airline stocks have negatively affected the FTSE 100.

Q: What updates can we expect in the US market reporting season?

In the upcoming week, updates from Kraft Heinz and Walmart are expected. These reports will provide insights into the performance and outlook of these companies.

Q: What can we anticipate from HSBC and Lloyds in the UK?

HSBC is likely to provide comments on the Chinese economy, given its significant operations there. Lloyds may continue streamlining its business and share updates on its cost-income ratio, aiming to outperform competitors in the sector.

Summary & Key Takeaways

• US markets, particularly technology stocks, have had a strong start to the year, while the FTSE 100 has been under pressure.

• Basic resources sectors, such as oil and mining, have been weak, and airline and tourism stocks have been affected by concerns about the coronavirus outbreak.

• US market reporting season is winding down, with updates from Kraft Heinz and Walmart, while HSBC and Lloyds will report in the UK, with a focus on the Chinese economy and business streamlining.