Back to Blog

The week ahead: 24/01/22

Over a third of the Dow Jones Industrial Average reports this week, with earnings from IBM, Microsoft, American Express, 3M, Intel, Boeing, Apple, Visa, McDonald’s, Chevron and Caterpillar. The other key event of the week is Thursday’s FOMC decision on US interest rates.

Monday 24 January

Dow component IBM reports quarterly earnings on Monday, along with oilfield services firm Halliburton, US insurance provider Brown & Brown, steel producer Steel Dynamics and financial services provider Zions Bank. We’ll also see preliminary manufacturing and services PMI data for France, Germany, the eurozone, the UK and the US.

Take your own view on stock indices with Intertrader.

Tuesday 25 January

Three more Dow components – Microsoft, American Express and 3M – present earnings on Tuesday. Also expect figures from telecoms firms Ericsson and Verizon, semiconductor producer Texas Instruments, energy company NextEra, multinational conglomerate General Electric, aerospace and defence contractors Lockheed Martin and Raytheon, credit card company Capital One and truck manufacturer Paccar. Amongst the macroeconomic data, look out for Australia’s Q4 CPI (key to the RBA’s thinking on monetary policy) and the Ifo survey of business sentiment in Germany. In the UK the CBI releases its industrial trends orders report.

Buy or sell a wide range of UK, US and European equities.

Wednesday 26 January

Click to expand image
   Tesla chart: 21/01/22
All eyes will be on the Fed on Wednesday to see whether the FOMC follows the BoE in hiking interest rates. We’ll also get the US goods trade balance, retail inventories and new home sales data. Electric vehicle pioneer Tesla reports to the market, while other notable earnings come from semiconductor manufacturer Intel, health tech firm Abbott, telecoms group AT&T, aerospace manufacturer Boeing, health insurer Anthem, US railroad Norfolk Southern, defence contractor General Dynamics and auto insurer Progressive.

Thursday 27 January

The earnings continue thick and fast on Thursday with figures from tech giant Apple (currently fighting new US antitrust legislation), credit card firms Visa and Mastercard, US broadcaster Comcast, fast food chain McDonald’s, enterprise software firm SAP, drinks company Diageo, medical tech firm Stryker, snack food brand owner Mondelez, aerospace firm Northrop Grumman, US manufacturer Rockwell Automation and DAX 40 component Deutsche Bank. Keep an eye out, too, for the GfK index of German consumer sentiment, the US durable goods orders, preliminary Q4 GDP and pending home sales, and overnight in Japan, the Tokyo CPI.

Friday 28 January

The week draws to a close with figures from heavy equipment manufacturer Caterpillar, consumer goods company Colgate-Palmolive, energy firm Phillips 66, US timberland company Weyerhaeuser, financial services firm Synchrony and toothpaste producer Church & Dwight. Earnings from oil major Chevron should also shed light on the impact of rising crude oil prices. Data on Friday includes Australian PPI, French consumer spending and GDP, and the US PCE price index, employment cost index, personal spending and University of Michigan consumer sentiment.

Go long or short of oil and other popular commodities.

Published: 24 January 2022

You should under no circumstances consider the information and comments provided as an offer or solicitation to invest. This is a macro summary of scheduled news announcements and is not investment advice, independent research or an investment recommendation. The information provided is believed to be accurate at the date the information is produced.

Share this post

Back to Blog