Money Minute Tuesday 4 February: BP investors heading for disappointment?

In today's Money Minute, we look ahead to earnings figures from oil major BP; Donald Trump's State of the Union speech, and the latest data from China's services sector.

Good morning and welcome to Money Minute, where we preview the day's biggest financial stories.

In the UK today, we get full-year earnings from oil major BP, software group Micro Focus International, and property group St Modwen. We also get a trading update from electronics distributor Electrocomponents, whose chief executive had to take a medical leave of absence in November.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

What with a weak oil price and concerns over the value of shale assets, BP investors will be primed for disappointment. They’ll also be looking for news on the company’s renewables investments, given the sense that the days of fossil fuels are numbered.

In the US, President Donald Trump gives the annual State of the Union address. Trump is likely to make the case for his re-election in November this year. He is not expected to raise the matter of his potential impeachment.

Advertisement - Article continues below

Over in China later, we'll get the most recent survey of services sector activity for January. However, this data won’t cover the point at which measures to contain the coronavirus outbreak were escalated, so the survey needs to be taken with a pinch of salt.




Money Minute Thursday 9 January: EU withdrawal, plus eurozone and US jobs figures

Today's Money Minute looks ahead to the vote on the government's EU withdrawal bill and the latest employment figures for the eurozone and the US.
9 Jan 2020

Money Minute Wednesday 8 January: UK house prices and Chinese inflation

In today's Money Minute we look ahead to the latest report on house prices from Halifax; plus inflation in China and European business confidence.
8 Jan 2020

Money Minute Tuesday 7 January: will US services fare better than manufacturing?

Today's Money Minute looks ahead to the latest figures from America's services sector, plus the health of the eurozone's retail sector.
7 Jan 2020

Money Minute Monday 6 January: the week ahead

In today's Money Minute, we take a look ahead to this week’s biggest financial stories, including UK house prices and American wages.
6 Jan 2020

Most Popular


Will coronavirus kill off the bull market?

It seems clear now the coronavirus will at some point go global. And when it does, will it bring down the stockmarket’s bull market? John Stepek looks…
27 Feb 2020

What to look out for as panic over coronavirus spreads

Markets have started to get properly worried about the coronavirus outbreak. And it’s not just stocks, says John Stepek. Here’s what you should be kee…
28 Feb 2020
Investment strategy

Just five assets matter for investors. Here's what they are

Every investor’s needs are different – but most can be met by the right combination of five investments
11 Feb 2020

Why investors shouldn’t overlook Europe

SPONSORED CONTENT - Ollie Beckett, manager of the TR European Growth Trust, tackles investor questions around Europe’s economic outlook and the conseq…
6 Nov 2019