Big U.S. Trade Gap Expected, and European Stimulus Plan at Issue<br />Several European lenders have already said they have taken large charges related to changes in United States tax laws, with the Swiss bank UBS, for<br />example, falling to a loss in the quarter as a result of a write-down of 2.87 billion francs, or about $3.08 billion, on deferred tax assets<br />Mr. Iger could also mount a defense of the “Star Wars” franchise (the last film flopped in China<br />and took in $612 million in North America, less than some people would have liked) while facing questions about the future leadership of ESPN, where the hunt for a new president is underway.<br />Here’s what to expect in the week ahead:<br />The official reason that Mario Draghi, the president of the European Central Bank, is appearing<br />on Monday before the European Parliament is to present the bank’s annual report for 2017.<br />But members of the European Parliament, meeting in Strasbourg, France, are certain to ask Mr. Draghi the burning<br />question of the moment: When will the central bank end the stimulus program known as quantitative easing?<br />When the Walt Disney Company reports its earnings on Tuesday afternoon for the quarter<br />that ended in December, Wall Street expects to see per-share profit of roughly $1.61 and revenue of $15.5 billion, each up about 4 percent from the same quarter in 2016.
