Cautious Market Waits On Earnings, EU Closed For Holiday, Oil Prices Surge 3%

The U.S. Futures Are Down In Early Monday Trading

美国期货在周一早盘交易中下跌

The U.S. futures are indicating a slightly lower open on Monday as traders eye a week filled with earnings reports. This is the peak week of the Q1 earnings cycle and so far reports are mixed. The average S&P 500 company is beating the consensus estimate but not by a lower than expected margin. The consensus estimate for first-quarter growth increased by a tenth over the last week but remains firmly negative at -3.9%.

美国期货周一开盘略低，因为交易商关注的是收益报告。这是第一季度盈利周期的高峰期，迄今为止报告喜忧参半。标准普尔500指数公司的平均价格超出市场普遍预期，但并未低于预期的利润率。对第一季度增长的共识估计比上周增加了十分之一，但仍然坚定地为-3.9％。

This week we can expect reports from 150 S&P companies or 30% of the index. Mondays news included earnings from Haliburton. The oil-field services company reported better than expected EPS and sent shares up more than 3%. Later this week reports from PG, UTX, VZ, TWTR, EBAY, MSFT, AMZN, TSLA, SBUX, and XOM will be in the spotlight.

本周我们可以预计150家标准普尔公司的报告或30指数的百分比。周一的消息包括Haliburton的收益。油田服务公司报告的每股盈利好于预期，股价上涨超过3％。本周晚些时候PG，UTX，VZ，TWTR，EBAY，MSFT，AMZN，TSLA，SBUX和XOM的报道将成为人们关注的焦点。

There is not much in the way of economic data this week but what there is could be market shaking. There are only a handful of reports due during the week including New Home Sales, Durable Goods, and Initial Jobless Claims. The important data will come out on Friday in the form of First Quarter GDP. First Quarter GDP is expected to be near 2.2%, if there is any sign of weakness equities could plummet.

本周的经济数据方式，但可能会出现市场震荡。本周只有少数报告到期，包括新屋销售，耐用品和首次申请失业救济人数。重要数据将于周五以第一季度GDP的形式公布。预计第一季度国内生产总值将接近2.2％，如果出现任何疲软迹象，股市可能会暴跌。

EU Markets Are Closed For Easter

欧盟市场因复活节而关闭

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EU markets are closed for Easter Monday and will reopen on Tuesday. Traders get a reprieve from economic data this week, there is very little, with the ECB Economic Bulletin topping the list. The Bulletin is due out on Wednesday and may have some impact on earnings, ECB and interest rate outlook.

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Asian Mixed, Oil Surges As President Trump Ends Irans Oil Waivers

亚洲混合，油价飙升，特朗普总统结束伊朗的石油豁免

Asian markets were mixed in Monday trading. The Australian ASX and Hong Kong Hang Seng were both closed for Easter Monday while trading in China, Korea, and Japan went on as usual. Japan led the market with a gain of 0.08% despite weakness in index heavyweights Softbank, Fast Retailing, and Fanuc. The Korean Kospi was the second-best performer with a gain of 0.02% despite a -1.60% decline in chipmaker SK Hynix.

周一亚洲市场涨跌互现。澳大利亚澳大利亚证券交易所和香港恒生指数均于复活节周一休市，而中国，韩国和日本的交易则照常进行。尽管指数重磅股Softbank，Fast Retailing和Fanuc疲软，但日本股市上涨0.08％。韩国Kospi是第二好的表演者尽管芯片制造商SK海力士下跌了-1.60％，但收益率仍为0.02％。

Todays uncertainty is heightened by rising oil prices. The price of Brent and WTI both spiked more than 2.5% after word hit the market the U.S. was ending the waiver program for Iranian oil. The goal is to drive Iranian exports to zero in an attempt to force political change within Iran.

今天的不确定性因油价上涨而加剧。在美国结束伊朗石油豁免计划后，布伦特和WTI的价格飙升超过2.5％。目标是将伊朗的出口推向零，企图迫使伊朗内部发生政治变革。