This morning in the UK, troubled challenger bank Metro Bank reports on its third quarter earnings. The bank warned on profits earlier this year due to an accounting error, and now faces the difficult task of restoring investor confidence in the company.
In the US, Facebook founder Mark Zuckerberg will appear in front of US politicians to discuss the social network's plans for Libra, a form of digital currency. In the face of regulatory hostility, particularly in the eurozone, many of Facebook's prospective partners on the project including Visa, MasterCard and Paypal have already walked away.
Meanwhile, tech giant Microsoft reports on its first quarter earnings. Investors will be paying particular attention to the performance of the all-important cloud business, Azure.Aerospace group Boeing also issues a third-quarter update. Problems with its 737 MAX aeroplane have battered the group's reputation. Investors will look to see just how much financial damage that has done so far, and how much more it is likely to do in the longer run.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Paying the grandkids’ school fees could generate a shock IHT billPrivate school fees have soared as a result of the government’s VAT policy, meaning more grandparents are helping out – but what are the tax implications?
-
Number of savings deals hits record high – as interest rates slump to two-year lowSavers have more choice than ever when it comes to choosing a savings account or cash ISA. But, the interest rates on offer continue to fall. What’s next for the savings market?
