Some key events for rest of week - UOB
Analysts at UOB Group explained that, for this week (18-22 Apr), the market focus will remain on the very busy US corporate earnings calendar.
Key Quotes:
"With many important companies like Pepsi Co (18 Apr), Morgan Stanley (18 Apr), Goldman Sachs (19 Apr), Intel (20 Apr), Amex (20 Apr), Qualcomm (20 Apr), Blackstone (21 Apr), GM (21 Apr), Microsoft (21 Apr), Visa (21 Apr), Alphabet (Google) (21 Apr), Amazon (21 Apr), GE (22 Apr), Caterpillar (22 Apr), McDonald’s (22 Apr)] while keeping an eye on the European Central Bank’s (ECB) April monetary policy decision on Thursday (21 Apr)."
"The US data is mostly centered on the US housing market and April prelim Markit manufacturing PMI (22 Apr)."
"The US Presidential nomination cycle goes to New York with its Primary on Tuesday (19 April) where both Donald Trump and Hillary Clinton hold significant leads against their opponents in New York and are poised to regain their footing in their home state."