The Federal Reserve’s interest rate decision will provide the main driver of next week’s trading activity. At the same time, Wall Street will also receive more earnings reports — this time from some of the biggest tech names and some of the highest-profile oil players.
Given these catalysts, here are some ETFs that could represent key trading vehicles during the week:
U.S. Treasury ETFs
The Fed is scheduled to release its latest policy decision on Wednesday. Analysts are widely projecting that the central bank will raise rates by another 25 basis points. As such, investors will widely focus on the Fed’s guidance for future rate decisions.
These policy projections will more than likely spur trading activity in the bond market, as market participants digest the latest commentary from Fed Chair Jerome Powell. In turn, this will influence ETFs tied to the Treasury and bond markets.
ETFs to watch: (NYSEARCA:AGG), (NASDAQ:BND), (TLT), (IEI), (IEF), (SHY), (GOVT), (VGSH), (VGIT), (SCHO), (SCHR), (SPTL), (TLH) and (VGLT).
ETFs attached to Exxon Mobil
The oil and gas conglomerate Exxon Mobil (NYSE:XOM) will release its quarterly earnings report on Tuesday, Jan. 31. Analysts anticipate that XOM will deliver earnings per share of $3.29 and revenue of $90.21B.
ETFs to watch: (XLE), (DRLL), (VDE), (FNY), (IYE), (ERX), (DIG), (IXC), and (FILL).
ETFs attached to Alphabet
Alphabet (NASDAQ:GOOG) (GOOGL) is slated to announce its quarterly earnings on Thursday, Feb. 2 and analysts expect the company to earn $1.21 per share on revenue of $76.7B.
GOOG and GOOGL can be found in 270 and 352 different exchange traded funds, respectively. The three with the most significant weighting towards the megacap name are listed below:
ETFs to watch: (XLC), (FCOM) and (VOX).