Business · Markets · 1 hr ago

Markets watch oil, bond yields and US bank results this week

Markets watch oil, bond yields and US bank results this week

Oil prices and bond yields are expected to influence Germany’s stock market this week.

The DAX had fallen below 25,000 points on Thursday, its lowest level since July 23 at one point.

Investors will also watch the start of the US earnings season, especially results from major banks.

JPMorgan, Goldman Sachs, Citigroup and Wells Fargo report on Tuesday, followed by Morgan Stanley and Bank of America on Wednesday.

Analysts say investors want to know how rising bond yields affect lending, deal-making and banks’ funding costs.

In Paris, carmakers are gathering for an auto show with a record 20 Chinese brands, while Volkswagen is due to release its third-quarter sales figures.

The results and market movements may help shape investor sentiment in the coming days.

Sources

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