The four major UK banks have been a benchmark for UK 100 performance over the years, but also an important component of UK economic growth.
After a trying start in 2018, we are past the half-time mark, which means that mere days remain before we find out how the UK financial sector fared in the second quarter and first half of the year.
Release of Q2 earnings results for Lloyds Banking, Barclays, Royal Bank of Scotland (RBS) and HSBC will mark a review of the financial sector’s health and provide useful guidance for the rest of the year to help investors make informed trading decisions.
This report will go over the key economic trends that drive the sector, highlight the Banks’ share price performance after the previous quarterly reports, go over technical indicators and charts for each of the major Banks, as well as highlight analysts’ perspectives for what lies ahead.
Positioning for success
Quarterly results from the Big Four UK Index Banks are a recurring event and seasoned investors pay close attention to each new earnings report.
Here at Accendo Markets, we believe in empowering our clients by doing much of the legwork and analysis for them.
That includes saving the dates when earnings are released, scoping the trading conditions, as well as analysing the changes that occurred in the trading environment since the last report.
Which leaves investors primed and ready on the crucial day to take advantage of the tradable opportunities presented by UK bank shares.
Here are the key dates to save in the diary:
- Lloyds: 1 August
- Barclays: 2 August
- RBS: 3 August
- HSBC: 6 August