5 things to start your day

JPMorgan kicks off bank earnings, pressure mounts on Turkey, and Brexit negotiations head to the wire.

Earnings season kicks off with a bang this morning as we get reports from JPMorgan Chase & Co., Goldman Sachs Group Inc., Citigroup Inc., Wells Fargo & Co. and money manager BlackRock Inc., with all of them set to land before 8 a.m. One of the biggest obstacles facing the sector is falling interest rates which cut into loan revenues, so the focus may be on cost-cutting measures. Investment banking fees are also unlikely to come to the rescue, with lenders suffering from a drop in merger activity after the worst quarter for the sector in two years.