It is a busy week for earning’s season!

This week continues the busiest segment of earnings season, with 146 S&P 500 companies reporting on their final third quarter results. This week kicks off with Alphabet, Walgreens, T-Mobile US and AT&T reporting on Monday. Following on Tuesday we will see General Motors alongside Advanced Micro Devices leading the charge, and Wednesday will bring the results of Facebook, Apple, and General Electric.

The end of the week will be closed out by Kraft Heinz, DuPont and Chevron.

Alongside one of the busiest weeks for earnings, the economic data front has an equally busy time. The main event that a number of investors are waiting for, is the Federal Open Market Committee’s October meeting, in which the market has expectations of lower interest rates. We can expect the committee’s statement to be released at around 2pm on Wednesday followed closely by a press conference with chairman of the Federal Reserve Jerome Powell at 2.30 pm.

Other releases this week will see the conference Board’s October Consumer Confidence index on Tuesday afternoon, the Bureau of economic Analysis’s advance estimate of the third quarter GDP, and to close the week, we will see the hourly earnings figures from the Bureau of Labor Statistics on Friday.

Obu Group are one of Australasia’s leading fully independent international investment houses based in Tokyo Japan. Obu Group are focused on bringing each of our clients the most comprehensive range of broking, margin funding, and advisory services coupled with in depth financial analysis of both public and private companies. Here at Obu Group we are client focused and our broking services are second to none based on our client satisfaction levels. Since the inception of Obu Group we have always strongly believed that our number one priority when it comes to our success, is our ability to meet our clients needs and goals.

To ensure that we meet our own goals of meeting our clients needs and goals, we design each portfolio with you, the client in mind. Each member of the Obu Group team will get to know you personally, and that will ensure that they are able to create a diverse portfolio that both suits your needs, and meets your goals.

Becoming a client of Obu Group, you will gain access to all major markets, and exchanges as well as OTC markets, by working with an international investment company like us, you will also gain access to unique opportunities from all over the globe. With your capital always working for you in the global markets, and by being able to access some of the most precise and efficient financial tools, you will be safe in the knowledge that your financial future is in the best possible hands. Becoming a part of the Obu Group family has never been simpler, you do not require a degree in finance to open an account with us, the process is both fast and simple, nor do you require decades of experience in investing, as long as you want to do better financially this year than you did last year, we would be happy to help you.

Wang Wei – Obu Group

Obugroup.cominfo@obugroup.com