The FTSE 100 index tracked declines in the US and Asia overnight as investors positioned for a make-or-break period, starting with figures from JP Morgan Chase tomorrow and continuing next week with the likes of Procter & Gamble, Netflix and Tesla.
The overall picture from third quarter trading is likely to be strong, but all eyes will be on margins and supply chain pressures after analysts at Bank of America said they are braced for overall earnings expectations for 2022 to be revised lower.
This story is from the October 12, 2021 edition of Evening Standard.
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This story is from the October 12, 2021 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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