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Garnry: Will dovish Fed clip wings of US Bank earnings?
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This week the big US banks are due to report earnings. City Group and JP Morgan among the financial giants who'll reveal results and give investors clues about the direction of the entire US economy.
Saxo Bank's Head of Equity Strategy Peter Garnry analyses what to expect from the sector, which could be hit by the Federal Reserve's dovish response to recent economic indicators. Plus, Peter explains why he's targeting regional banks, using the iShares US Regional Banks ETF (IAT:arcx).