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Earnings Season: Alcoa fails to shine & Fast Retailing's rapid growth

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Alcoa, one of the world's largest aluminium producers and Japanese clothes company Fast Retailing are both reporting results. Hit by falling commodity prices, markets are not expecting a shiny new set of profit figures from Alcoa but the Japanese firm Fast Retailing is predicted to reflect the success of the Uniqlo clothes brand, which has been occupying the market position which once belonged to Gap.     

Saxo Bank's Head of Equity Strategy Peter Garnry brings us up to date with his expectations ahead of the share price response.