At the height of the reporting season, positive moods managed to stay

Asian markets were trading with mixed moods, with US-Japan trade talks being the main theme, and the Bank of Japan's President signaled the risks of increasing trade protectionism to the prospects for global economic growth.

For now, moods in Europe are more welcoming, and the main index futures are trading slightly higher, but global risk appetite may remain in the background today after unfavorable earnings results for Goldman Sachs and Citigroup were announced late last night.

Let's go back to the Old Continent, where forex market players have turned their attention to the UK labor market data that will be released at 11:30 am. It is expected that the unemployment rate on the island will remain unchanged, while the average hourly wage is low.

Back in Asia, Australian pressure was put under pressure after the RBA meeting minutes were published. The Australian Bank expects inflation to stay for some time, but the option to cut interest rates remains at the table if inflation stays low and the unemployment rate rises. The central bank also noted that the slowdown in GDP growth contradicts the improvement in the labor market. Most likely, the negative attitude towards the Australian will shift to the European markets and later to their overseas counterparts.

Pressure on the US dollar also remains after US President Donald Trump resumed his criticism of the Federal Reserve over the weekend, accusing him of slowing growth and slowing stock prices by tightening monetary policy.

In a statement, Trump criticized the Fed: "If the Federal Reserve has done its job properly, and this is not the case, the stock market would have been 5,000 to 10,000 additional points and GDP would have exceeded 4% instead of 3%."

Beyond the ocean, the first quarter reports are in full swing. Today's reports include three Dow shares and one of the fastest growing media companies. Netflix will announce the figures after closing, analysts expect the company to gain 57 cents per share in the quarter, down from 64 cents a year. However, revenue is expected to grow by 21 percent to $ 4.5 billion. Also after the bell, IBM is expected to report $ 2.22 per share for the quarter, down from $ 2.45 a year ago. Revenues are expected to reach $ 18.5 billion, down 2.9% from the previous year, but overall the shares posted an increase of 26% this year. Johnson & Johnson is the other big name and the company is expecting a profit of $ 2.04 per share, a slight decrease over the previous year of $ 2.06, with revenues down 1.9 percent to $ 19.62 billion. The shares of the company are at a plus of 5.5% this year.

The main data from the US economic calendar will be announced at 16:45, namely industrial and factory production.

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