The earnings season is coming to an end
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Both gold and silver have broken their downtrends, with upward waves beginning that may still have upside potential. After a strong retest, the oil price may consolidate within a range, but there are still opportunities for an upward move. Natural gas prices did not reach a new low, but no pattern indicating a reversal has yet emerged. Copper is maintaining its upward trend; it must rise again within a few days, or the rally could break down. Wheat and corn are beginning to turn upward again from key support levels after a strong retest.
FX - Technical Analysis
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The second-quarter earnings season in the US is slowly drawing to a close: Cisco Systems will release its latest figures this week, followed by Home Depot, Deere, and Walmart, which will all publish their earnings reports during the week beginning August 17, and Nvidia’s report is due on August 26. Among European companies, E.ON and RWE, among others, will report this week, while among Hungarian companies, AutoWallis will publish its latest figures on August 25.
As of noon on Monday, 89% of the companies in the S&P 500 had already reported their latest figures; in terms of revenue, these companies reported results that were, on average, 3.6% above expectations; 68.8% of the companies that have released their earnings reports so far delivered a positive surprise, while 16.7% delivered a negative surprise. In terms of EPS, companies that have published their earnings reports so far reported results that were, on average, 29.4% above expectations; 87.3% of the companies that have reported so far delivered a positive surprise, while 10% delivered a negative surprise.
Of the companies in the Stoxx 600 index, 67.4% have reported so far; in terms of revenue, these companies reported figures that were, on average, 1.7% above expectations; 63.6% of the companies that have published their latest results so far delivered a positive surprise, while 20.6% delivered a negative surprise. In terms of EPS, companies that have published their earnings reports so far have, on average, reported results 4.6% above expectations; 58.4% of the companies that have reported so far delivered a positive surprise, while 35.2% delivered a negative surprise.
Over the coming week, Cisco Systems will be among the US companies to release its earnings report, followed by Home Depot, Deere, and Walmart, among others, in the week beginning August 17. On August 26, Nvidia will release its earnings report. In Europe this week, RWE and E.ON will also release their earnings reports. Among Hungarian companies, AutoWallis will publish its latest figures on August 25.
Second quarter earnings dates - 2026.08.10. – 08.14.
Second quarter earnings dates - 2026.08.17. – 08.21.
Second quarter earnings dates - 2026.08.24. – 08.28.
S&P500 second quarter earnings dates - 2026.08.10. – 08.28.
Stoxx 600 second quarter earnings dates - 2026.08.10. – 08.28.
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