While the big US companies have been reporting its latest quarterly figures for the past few weeks now, here in UK the corporate calendar only gets in full swing again this week.

Results from ITV, GlaxoSmithKline, Sky, Shell, Lloyds, Astrazeneca, BT and Barclays are all due later this week with Google's holding company Alphabet in the US due to report this evening.

Thus far in the US, earnings season has brought mixed results but banking stocks in the UK have been boosted by results across the pond.

CMC market analyst Michael Hewson believes, however, that weak investment banking revenues could weigh on Barclays' results: