Știri

Bank of America (BAC) reported Q3 FY 2018 earnings of $0.66 per share (versus $0.48 in Q3 FY 2017), beating analysts' consensus estimate of $0.62.

The company's quarterly revenues amounted to $22.777 bln (+3.2% y/y), generally in-line with analysts' consensus estimate of $22.634 bln.

BAC fell to $28.44 (-0.07%) in pre-market trading.

October 15

Before the Open:

Bank of America (BAC). Consensus EPS $0.62, Consensus Revenues $22633.57 mln.

October 16

Before the Open:

Goldman Sachs (GS). Consensus EPS $5.34, Consensus Revenues $8429.99 mln.

Johnson & Johnson (JNJ). Consensus EPS $2.03, Consensus Revenues $20044.85 mln.

Morgan Stanley (MS). Consensus EPS $1.01, Consensus Revenues $9553.10 mln.

UnitedHealth (UNH). Consensus EPS $3.30, Consensus Revenues $56312.72 mln.

After the Close:

IBM (IBM). Consensus EPS $3.40, Consensus Revenues $19043.13 mln.

Netflix (NFLX). Consensus EPS $0.68, Consensus Revenues $3993.41 mln.

October 17

After the Close:

Alcoa (AA). Consensus EPS $0.36, Consensus Revenues $3350.57 mln.

October 18

Before the Open:

Travelers (TRV). Consensus EPS $2.27, Consensus Revenues $6832.00 mln.

After the Close:

American Express (AXP). Consensus EPS $1.77, Consensus Revenues $10051.77 mln.

October 19

Before the Open:

Honeywell (HON). Consensus EPS $1.99, Consensus Revenues $10751.30 mln.

Procter & Gamble (PG). Consensus EPS $1.10, Consensus Revenues $16506.35 mln.

A spokesman for the Democratic Unionist Party (DUP) said today that Brexit without a deal is "probably inevitable" due to the "intransigence" of the EU position.

He said that the current proposal from the EU is much worse than the result without a deal. He also noted that some "mini-agreements" can be reached without a general trade deal with the European Union.

Such comments will only add negative tones for the pound, which has dropped sharply since the beginning of the week.

The Producer and Import Price Index fell in September 2018 by 0.2% compared with the previous month, reaching 103.2 points (December 2015 = 100). The decline is due in particular to lower prices for scrap. Compared with September 2017, the price level of the whole range of domestic and imported products rose by 2.6%. These are some of the findings from the Federal Statistical Office (FSO).

The price of property coming to market has risen by a national average of 0.7% (+£2,088) this month, which is the same as the average monthly increase in September of 0.7% since 2011. The national annual rate of increase remains muted at 1.2%, but there are some positive signs for the Autumn market in regions where affordability and sentiment are good, although stretched buyer affordability or negative market sentiment in other regions are limiting price growth. Substantial price reductions in some parts of the London market over the last two years are now helping to improve sentiment and momentum, with renewed buyer activity evident at the upper end.

Federal Reserve Vice Chairman Randal Quarles said Saturday that the Fed should remain predictable, gradual and transparent in normalizing monetary policy as it considers how its decisions affect the rest of the world.

"It's not going to be in the interest of anyone in the world...for us to get behind the curve in the U.S. by moderating what we think is the right course of domestic policy," he said at the annual membership meeting of the Institute of International Finance, an association for the financial industry, in Bali, Indonesia - via DJ.

EUR/USD

Resistance levels (open interest**, contracts)

$1.1705 (2013)

$1.1685 (953)

$1.1647 (114)

Price at time of writing this review: $1.1550

Support levels (open interest**, contracts):

$1.1517 (4449)

$1.1487 (3308)

$1.1453 (3112)

Comments:

- Overall open interest on the CALL options and PUT options with the expiration date November, 19 is 79191 contracts (according to data from October, 12) with the maximum number of contracts with strike price $1,1600 (4449);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3303 (1031)

$1.3273 (802)

$1.3242 (314)

Price at time of writing this review: $1.3112

Support levels (open interest**, contracts):

$1.3082 (427)

$1.3028 (519)

$1.2997 (2089)

Comments:

- Overall open interest on the CALL options with the expiration date November, 19 is 23740 contracts, with the maximum number of contracts with strike price $1,3500 (3535);

- Overall open interest on the PUT options with the expiration date November, 19 is 26459 contracts, with the maximum number of contracts with strike price $1,3000 (2171);

- The ratio of PUT/CALL was 1.11 versus 1.13 from the previous trading day according to data from October, 12

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.