The Week Ahead (23-27 Feb): UK earnings season kicks off + Iran, NVDA, MONY, DGE, RR
Given the impending flow of company news, perhaps it’s just as well that the economic news scheduled for next week is relatively limited.
There may be more focus on geopolitical events as President Trump said on Thursday that Iran needs to reach a deal in the next 15 days “or bad things will happen”. The US has already staged a substantial military build-up in the Middle East which is said to be similar to that seen before the 2003 Iraq war – enough to sustain a significant air campaign.
Opinions vary on the impact attacks could have on oil markets and broader stability in the region. Last June’s Iran-Israel conflict – which ended with the US bombing Iran – only caused a short-lived blip in oil prices, but there’s always the risk of a more severe reaction.
As uncertainty has risen, oil and gold have both risen this week, although only quite modestly:
UK Housing: one other area...