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EQUITIES: MNI US EARNINGS SCHEDULE - Banks Take Early Focus

EQUITIES
  • Earnings season informally begins today with Pepsi's midweek report, before BlackRock, Wells Fargo and JP Morgan on Friday.
  • Unfortunately for net interest margins, the Fed's first rate cut since the pandemic will have come too late in the quarter to provide any material relief for banks - leaving initial focus on FICC revenues and general cost reduction.
  • Just over half of the S&P 500 by market cap will have reported by the end of October – although significant releases still cross through November, with NVIDIA scheduled for 21st November.

Full schedule for the quarter including timings, EPS & revenue expectations here: https://mni.marketnews.com/4eVW8tG

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  • Earnings season informally begins today with Pepsi's midweek report, before BlackRock, Wells Fargo and JP Morgan on Friday.
  • Unfortunately for net interest margins, the Fed's first rate cut since the pandemic will have come too late in the quarter to provide any material relief for banks - leaving initial focus on FICC revenues and general cost reduction.
  • Just over half of the S&P 500 by market cap will have reported by the end of October – although significant releases still cross through November, with NVIDIA scheduled for 21st November.

Full schedule for the quarter including timings, EPS & revenue expectations here: https://mni.marketnews.com/4eVW8tG