As the second quarter closes all eyes turn to Wall Street, which kicks off the reporting season in earnest in a fortnight before Europe’s banks reveal what the last three months have entailed for their investment banking and trading units.

Wall Street heavyweight JP Morgan will publish its second-quarter results on July 14, with Goldman Sachs, Bank of America Merrill Lynch, Citigroup and Morgan Stanley reporting over the following week. Credit Suisse is set on July 23 to be the first major European investment bank to post its results.