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The Week Ahead On The Markets


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The Week Ahead

Read about upcoming market-moving events and plan your trading week

 
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Week commencing 4 October

Joshua Mahony’s insight

The week ahead brings a continued focus on energy markets, with OPEC kick starting proceedings on Monday. Central banks come back into focus, with the RBA rate decision on Tuesday. The focus then shifts towards the US, with employment data starting on Wednesday and culminating with Friday’s jobs report release. On the corporate front, Tesco and Levi Strauss provide two particular areas of focus given the potential for commentary around logistics and rising input prices. Video.

 

Economic reports

  • Weekly view

Monday

3pm – US factory orders (August): expected to rise 0.5% MoM. Markets to watch: USD crosses

All day – OPEC meeting: expected to add another 400,000 bpd to output for November despite $80 crude. Markets to watch: USD crosses

Tuesday

5.30am – RBA rate decision: no change in rates expected. Markets to watch: AUD crosses

8.50am – 9.30am – French, German, eurozone, UK PMIs (September, final). Markets to watch: eurozone indices, EUR crosses, GBP crosses

1.30pm – US trade balance (August): deficit to narrow to $69.6 billion. Markets to watch: USD crosses

3pm – US ISM non-mfg PMI (September): expected to fall to 61.3. Markets to watch: USD crosses

Wednesday

9.30am – UK construction PMI (September): forecast to fall to 54.9 from 55.2. Markets to watch: GBP crosses

1.15pm -US ADP employment report (September): 475K jobs expected to have been created, from 374K last month. Markets to watch: US indices, USD crosses

3.30pm – US crude oil inventories (w/e 1 October) – previous week saw stockpiles rise by 4.58 million barrels. Markets to watch: Brent, WTI

Thursday

1.30pm – US initial jobless claims (w/e 2 October): claims to fall to 348K from 362K. Markets to watch: USD crosses

3pm – Canada Ivey PMI (September): August reading 66. Markets to watch: CAD crosses

Friday

2.45am – China Caixin services PMI (September): index to rise to 49, remaining in contraction territory. Markets to watch: China indices, CNH crosses

1.30pm – US non-farm payrolls (September): payrolls to rebound to 500K from 235K, while the unemployment rate falls to 5.1% from 5.2%. Markets to watch: US indices, USD crosses

1.30pm – Canada employment report (September): unemployment rate to fall to 7%. Markets to watch: CAD crosses

 

Company announcements

 

 

Monday
4 October

Tuesday
5 October

Wednesday
6 October

Thursday
7 October

Friday
8 October

Full-year earnings

James Halstead Hotel Chocolat      

Half/ Quarterly earnings

  Pepsico Tesco,
Allied Minds,
Constellation Brands,
Levi Strauss
Conagra Brands Electrocomponents,
Tiscali

Trading update

  Greggs Topps Tiles,
Imperial Brands
easyJet,
CMC Markets

 

 

 

Dividends

FTSE 100: DS Smith, Taylor Wimpey, Kingfisher

FTSE 250: Weir, Spectris, Bodycote, Morgan Sindall, Murray Int’l Trust, Synthomer, Vistry

 

Dividends are applied after the close of the previous day’s session for each market. So, for example, the FTSE 100 goes ex-dividend on a Thursday, but the adjustment is applied at the close of the previous day, e.g. Wednesday. The table below shows the days in which the adjustment is applied, not the ex-dividend days.

 

Index adjustments

  Monday
4 October
Tuesday
5 October
Wednesday
6 October
Thursday
7 October
Friday
8 October
Monday
11 October
FTSE 100  

 

1.23      
Australia 200 0.2   0.1     0.1
Wall Street 6.6   7.0      
US 500 0.50 0.02 1.02 0.07    
Nasdaq 1.21   0.25      
Netherlands 25            
EU Stocks 50       0.7    
China H-Shares            
Singapore Blue Chip            
Hong Kong HS50            
South Africa 40            
Italy 40            
Japan 225            
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