The Week Ahead: Lloyds Bank, Barclays, NatWest, Standard Chartered

TL;DR

Middle East conflict, concerns over higher bond yields and interest rates, positive start to US earnings season.

Transcript

hello I'm Richard Hunter head of markets and Welcome to our look ahead for the week commencing the 23rd of October markets are somewhat under the Kos at the moment obviously we've got the conflict in the Middle East which is uh gaining some attention also concerns around higher bond yields and indeed higher interest rates for a longer period of tim... Read More

Key Insights

• ☠️ The Middle East conflict, higher bond yields, and interest rate concerns are impacting the markets.
• 💓 The US earnings season has started well, with most companies beating expectations.
• 🤩 Lloyds, Barclays, Standard Chartered, and Nat West Group are key UK banks to watch for their third-quarter earnings reports.
• 🧑‍🏭 Factors to consider in Lloyds' report include the net interest margin, mortgage growth, economic deterioration, and digital business growth.
• 💳 Barclays' report should focus on its Investment Bank, credit card spending, and performance in the Chinese market.
• 😘 Standard Chartered has outperformed other UK banks, but its dividend yield is lower due to its Asia-focused operations.
• 👀 Nat West Group's report will be closely watched for its lending growth performance.

Questions & Answers

Q: What are the main factors currently affecting the markets?

The conflict in the Middle East, concerns over higher bond yields, and expectations of longer periods of higher interest rates are the main factors affecting the markets.

Q: How has the US earnings season started?

The US earnings season has started positively, with roughly 75% of companies beating expectations.

Q: What should investors look out for in Lloyds' earnings report?

Investors should look out for metrics such as net interest margin, mortgage growth, any economic deterioration, and growth in the digital business in Lloyds' upcoming earnings report.

Q: What are the key points to consider in Barclays' earnings report?

Key points to consider in Barclays' earnings report are the performance of its Investment Bank, any increased credit card spending, and the impact of the Chinese economy on its Asia-focused operations.

Summary & Key Takeaways

• The markets are currently affected by the conflict in the Middle East, higher bond yields, and expectations of longer periods of higher interest rates.

• The US earnings season has begun positively, with around 75% of companies beating expectations.

• Key companies to watch for their third-quarter earnings reports in the UK are Lloyds, Barclays, Standard Chartered, and Nat West Group.