Hong Kong, Hong Kong S.A.R., January 21, 2015 --(PR.com
)-- A holiday-shortened trading week will see a heavy surge of earnings reports and a widely watched meeting of the European Central Bank.
U.S. equity markets closed on Monday for Martin Luther King Day.
When trading resumes, attention will likely be focused on latest earnings reports from big players in the financial, pharmaceutical and tech sectors.
In addition to earnings, investors are likely to focus on the latest action from the European Central Bank. The bank’s governing council will meet in Frankfurt with a news conference to follow with ECB President Mario Draghi.
The Swiss National Bank’s unexpected move to abandon the Swiss franc’s peg to the euro last week is bound to come up for discussion, as are prospects for ECB efforts to jump start Europe’s sputtering economies.