Indices to make a higher start from a positive rally on Monday and the earnings season continues.

FTSE 100 is due to open higher this morning following strong gains in Asia and the US overnight. US markets continued their volatile movements but this time in an uptrend, with all three major indices finishing the trading session on a high. The boost came from the strong results from the Bank of America.

However, investors have been worried that central banks will eventually be too aggressive and force the economy into a recession. Which reflected the performance of stocks last week, with market experts now predicting another 0.75 basis point increase in November. Making it the fourth in a row by the Federal Reserve.

The economic calendar is fairly quiet today, especially in the UK. Over in the US, the main events for investors to look out for are industrial production results and API weekly crude oil stock levels. Although, still a busy week for earnings, with more than 60 S&P 500 companies yet to report.

Investors will be listening closely to what corporate chiefs will announce this week regarding consumer spending habits and their outlook for the remainder of the year.

Nevertheless, some earnings reports that are due today:

1. Goldman Sachs

The multinational investment bank is due to report an EPS of $7.80 with revenue of $11.37 billion.

2. Johnson & Johnson

J&J is expected to report earnings of $2.52 a share on revenue of $23.46 billion.

3. Netflix

The worldwide streaming giant is expected to report an EPS of $2.18 on revenue of $7.8 billion. And investors will be monitoring subscriber numbers as the company prepares to roll out a less expensive paid-ad tier.