Major US, UK, India Banks Report Q2 Earnings Amid Trade Tensions

The upcoming week marks the start of the second-quarter earnings season with major U.S. banks such as JPMorgan Chase, Wells Fargo, and Goldman Sachs releasing financial results amid market uncertainty driven by trade tensions and inflation concerns. U.S. President Donald Trump's announcements of increased tariffs on Brazilian oil and other imports have unsettled markets, prompting cautious investor sentiment and contributing to recent market volatility. Analysts expect mixed earnings outcomes, with strong trading revenues anticipated but overall earnings-per-share growth for S&P 500 companies projected to decelerate due to tariff impacts and economic pressures. In India, stock markets have reacted negatively to global trade tensions and a weak start to earnings, with key indices falling and experts advising caution and risk management. Inflation data, including upcoming Consumer Price Index releases in the U.S. and inflation readings in India, will be closely watched as Federal Reserve officials assess monetary policy amid persistent economic uncertainties. Despite these challenges, optimism remains in certain sectors, particularly technology and investment banking, which may offer support to markets even as broader volatility continues.