View the top 6 stories to look out for this week (16-20 January) plus our key company earnings schedule.

The week ahead

 

All eyes on Davos and The Donald this week  
Tuesday & Friday:
Michael Hewson discusses this week's World Economic Forum, Trump inauguration, UK data releases, Chinese GDP and the ECB rate meeting.
Watch the video preview >

Is Rio Tinto sitting on a gold mine? 
Monday: The recent rise in oil, iron ore and copper prices meant basic resources stocks staged a remarkable comeback in 2016. Rio Tinto’s Q4 sales and revenue should indicate whether last year's gains can be sustained in 2017. 

Can US banks continue their winning streak?
Tuesday & Wednesday: The surge in US banks' share prices since Trump’s election win has been considerable, with double-digit percentage gains. The rise in yields brought about by the recent Fed rate rise has also helped. Q4 earnings from Morgan Stanley (Tue), Goldman Sachs and Citigroup (Wed) will help to show whether these gains are sustainable.

UK inflation 
Wednesday & Friday:  UK economic data this week is set to report a solid end to 2016, with strong retail sales, rising wages and low unemployment, but rising inflation is likely to prompt a modest slowdown in 2017.  
In-depth article >  

How will the ECB address the German asset bubble? 
Thursday: While the European Central Bank expanded its range of QE options in December, it's unlikely to do anything this week. A sharp rise in German and EU inflation has already brought about a backlash in Germany, with calls for an end to the current low interest rate and QE policy.

Q4 data to reveal if China consumer confidence is growing 
Friday: Strong numbers in the latest PMI data as well as rising inflation suggests a decent performance for the Chinese economy at the end of 2016. There is some evidence that Chinese consumers started to spend in November, and this week’s December data should tell us whether this continued. 

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Selected UK & US company earnings schedule

Monday 16 January Results
Rio Tinto (UK) Q4 2016 sales & revenue
Tuesday 17 January Results
Comerica (US) Q4 2016
CSX (US) Q4 2016
Morgan Stanley (US) Q4 2016
Tiffany & Co (US) December sales & revenue
UnitedHealth (US) Q4 2016
Wednesday 18 January Results
Burberry (UK) Q3 2017 sales & revenue
Charles Schwab (US) Q4 2016
Citigroup (US) Q4 2016
Goldman Sachs* (US) Q4 2016
Kinder Morgan* (US) Q4 2016
Netflix (US) Q4 2016
US Bancorp (US) Q4 2016
Thursday 19 January Results
American Express (US) Q4 2016 
Bank of New York Mellon Corp (US) Q4 2016 
BB&T (US) Q4 2016 
International Business Machines (US) Q4 2016 
PPG Industries (US) Q4 2016 
Skyworks Solutions (US) Q1 2017 
Union Pacific (US) Q4 2016 
United Continental* (US) Q4 2016 
Friday 20 January Results
Citizens Financial Group (US) Q4 2016
General Electric (US) Q4 2016
Kansas City Southern (US) Q4 2016
Schlumberger (US) Q4 2016
Synchrony Financial (US) Q4 2016

*Date unconfirmed

Company announcements are subject to change. All the events listed above were correct at the time of writing.

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