XAU/USD – Daily Chart
Forex Signals Feb 10: Coca-Cola, S&P, Barclays, BP, Robinhood and Spotify Earnings Preview
Markets turn their attention today to a heavy slate of earnings from The Coca-Cola Company, S&P Global, Barclays, BP, Robinhood, and Spotify
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Last updated: Monday, February 9, 2026
Quick overview
- Markets are focused on earnings reports from major companies including Coca-Cola, S&P Global, Barclays, BP, Robinhood, and Spotify, alongside key U.S. economic data.
- These earnings will provide insights into global economic momentum and investor sentiment regarding growth and demand trends.
- Coca-Cola's results are particularly significant as they serve as a gauge for global consumer spending.
- In the cryptocurrency market, Bitcoin and Ethereum have shown volatility, with Bitcoin recently rebounding from a low of $60K.
Markets turn their attention today to a heavy slate of earnings from The Coca-Cola Company, S&P Global, Barclays, BP, Robinhood, and Spotify, alongside key U.S. economic data that could shape near-term sentiment.
Key Market Events to Watch Today: Key Corporate Reports to Watch
Today’s lineup of earnings spans consumer staples, financials, energy, fintech, and digital media, offering a broad snapshot of global economic momentum. With U.S. economic data also in focus, markets are likely to remain sensitive to guidance on demand trends, margins, capital allocation, and forward outlooks. Collectively, these reports will help investors gauge whether growth remains resilient—or if caution continues to dominate positioning into the weeks ahead.
The Coca-Cola Company (KO) – Q4 2025 earnings (BMO)
- Expected EPS: $0.56
Market focus:
- Global beverage demand trends and pricing power.
- Margin performance amid input-cost fluctuations.
- Emerging-market consumption growth and FX effects.
- Coca-Cola’s results often serve as a broad gauge of global consumer spending.
S&P Global Inc. (SPGI) – Q4 2025 earnings (BMO)
- Expected EPS: $4.33
Key drivers:
- Credit-rating issuance activity and debt-market conditions.
- Growth in analytics and data services.
- Corporate financing trends and global issuance outlook.
Barclays PLC (BCS) – Q4 2025 earnings (BMO)
- Expected EPS: $0.43
Areas to watch:
- Investment-banking revenue recovery.
- Net interest margin trends amid shifting rate expectations.
- Cost-reduction progress and capital allocation strategy.
BP p.l.c. (BP) – Q4 2025 earnings (BMO)
- Expected EPS: $0.60
Key themes:
- Oil and gas price impacts on upstream profitability.
- Energy-transition investments and capital-spending plans.
- Shareholder returns through dividends and buybacks.
Robinhood Markets, Inc. (HOOD) – Q4 2025 earnings (AMC)
- Expected EPS: $0.64
Key drivers:
- Trading volumes across equities, options, and crypto.
- Net interest revenue trends tied to rate conditions.
- Expansion into retirement products and global markets.
Spotify Technology S.A. (SPOT) – Q4 2025 Earnings Preview
- Release Timing: Before Market Open (BMO)
- Consensus EPS Estimate: $2.78
- Investors are closely watching whether Spotify can sustain profitability momentum following strong user growth and pricing adjustments implemented during 2025.
Growth Drivers to Watch
- Premium Subscriber Expansion: Continued growth in paid subscriptions remains the core revenue engine, supported by global market penetration and targeted pricing strategies.
- Advertising Segment Recovery: Spotify’s advertising business is expected to show gradual improvement as digital ad spending stabilizes and podcast monetization expands.
- Podcast and Creator Ecosystem: Investments in exclusive content, creator tools, and AI-driven recommendation systems are expected to enhance engagement and monetization opportunities.
Gold Resumes the Decline Again As Safe Havens Lose Status
Although demand for safe haven assets is still high, gold fell precipitously from record highs following the Fed’s most recent rate cut comments, as profit-taking was prompted by Powell’s cautious tone. In December, gold jumped above $4.3800 following the Federal Reserve’s announcement of a 25 basis point rate decrease. But the impetus soon waned, and prices dropped back to $4,004. The 20 daily SMA (gray) held as support last week and buyers returned and pushed XAU above the $5,000 mark for the first time during Asian hours and extended the rally in New York, printing a fresh record high near $5,111 before retreating below $5,000 late in the session. But buyers returned into Asian session and XAU climbed to $5,598 but pulled back below $5,000 again.
USD/JPY Rebounds Above 155
Foreign exchange markets saw sharp swings. Early in the week, U.S. yield differentials and Japanese capital outflows pushed the dollar above ¥150, but disappointing U.S. jobs data triggered profit-taking, causing the USD/JPY to slide by four yen from its peak. However, the new BOJ governor the JPY has weakened and USD/JPY soared to 154 and we decided to close our buy signal for more than 80 pips as the pair found support at the 20 daily SMA (gray) and has rebounded more than 200 pips off that MA but reversed after the 25 bps rate cut from the FED. The price approached $160 but reversed after the BOJ meeting and fell 8 cents but found support at $152 at the 100 daily SMA (red) and rebounded above 156.
USD/JPY – Daily Chart
Cryptocurrency Update
Bitcoin Heads to $50K
Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down to $80K before finding support at the 100 weekly SMA (green). A rebound followed, sending BTC near $100 is the first major text for Bitcoin buyers. However BTC returned lower and fell below $80K, breaking below the but the 100 weekly SMA (green) but the decline stopped at the $60K support where the 200 weekly SM A(purpe) stands and rebounded above $70K.
BTC/USD – Weekly Chart
Ethereum Slips Below $2,000
Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2,000 but buyers returned n d pushed the price above $2K again.
ETH/USD – Weekly Chart
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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