Trading cloud -profits and G20 are sent south

The profit season always seems to be rolled with an alarming frequency.

The audit is approaching every quarter with nervous energy, but this summer it feels especially enhanced. Recent market records both in the US and in Europe, along with an unpredictable economic environment, draw a complex picture in the second half.

Everything will start on Tuesday with bank hippo in America when the attention is switching from the White House back to Wall Rate.

But US President Donald Trump’s policy still outlines great, and the Goldman Sachs predicts that the US profit will start to show the influence of tariffs in this quarter.

Economists of the Investment Bank see “contradictory messages on the look at the margin” because the companies announced only a modest price increase, despite increasing costs related to higher tariffs.

Growing for the promotion will also be under pressure, and Goldman believes that “consensus assessment among analysts sees the growth of S&P 500 companies for a share, which slows down to 4% in this quarter relative to the same quarter last year-dumped from 12% in the first quarter.”

With banks that should dominate next week – Jpmorgan. Qi. Goldman Sachs. Morgan Stanley and Bank of America Everyone is reported only within two days – perhaps Europe can ensure optimism.

According to Jenni Reid CNBC, European banks have just recorded their The best first half since 1997. The profits were conditioned by strong profitable investment banks – that their American colleagues can also take advantage – as well as stocks based on both assumptions and actual M&A.

Since a person who grew up in Cape Town, seeing that G20 meetings are taking place in South Africa in South Africa, makes me pine for the sun’s light.

Next week, a meeting in Durban between the Ministers of Finance and the Governors of the Central Bank comes at an interesting time for the country.

Oval office meeting between South Africa President Cyril Ramaphos and Trump was held spectacularly wrong in MayWhen the latter, the South African (now former) right -wing man, was circulated by his false claims against the “white genocide”.

It seems that tension has not declined.

US Treasers Minister Scott Import will be Miss the meeting completelyChoosing instead, according to Reuters. South Africa is also subject to new 30% tariff rateThe only country in Africa in the south of Sahara, which was allocated in the last round of ads.

This is not good for meeting the G20 leaders, which is due in Gauten on November 22-23. It remains to know if Trump will be present.

In May, large golf of South Africa – who traveled to the White House with Ramaphos – could not defeat Trump. But perhaps the bait of some best courses in the world, along with the South African summer, can see seasonal changes in its mood to the country at the end of this year.