The Week Ahead On The Markets
Entry posted by MongiIG in Market News
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The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 29 November
Chris Beauchamp’s insight
Key events this week include Chinese PMIs and the monthly US ADP and NFP job reports. An OPEC meeting will also be worth monitoring for any potential impact on the oil price. It is a sparse earnings calendar overall, and with the new Covid variant from South Africa causing major concern it may be that all other data points are pushed into the background as markets attempt to price in the potential for a widespread return of restrictions and a likely hit to economic growth.
Economic reports
- Weekly view
Monday
1pm – German CPI (November, preliminary): expected to rise to 4.7% YoY. Markets to watch: EUR crosses
3pm – US pending home sales (October): sales to rise 1.3% MoM. Markets to watch: USD crosses
Tuesday
1am - China mfg & non-mfg PMI (November): mfg PMI to rise to 49.8 and non-mfg to fall to 52. Markets to watch: China indices, CNH crosses
8.55am – German unemployment (November): unemployment rate to hold at 5.4%. Markets to watch: EUR crosses
10am – eurozone CPI (November, flash): prices to rise 4.4% YoY. Markets to watch: EUR crosses
2.45pm – US Chicago PMI (November): index to fall to 68.3. Markets to watch: USD crosses
3pm – US consumer confidence (November): expected to fall to 111.8. Markets to watch: USD crosses
Wednesday
12.30am – Australia GDP (Q3): expected to be 1.5% YoY and -4% QoQ. Markets to watch: AUD crosses
1.45am – China Caixin mfg PMI (November): expected to fall to 50.2. Markets to watch: CNH crosses
1.15pm – US ADP employment report (November): 480K jobs expected to have been created, from 571K in the previous month. Markets to watch: US indices, USD crosses
3pm – US ISM mfg PMI (November): index to rise to 61. Markets to watch: USD crosses
3.30pm – US EIA crude oil inventories (w/e 26 November): previous week saw stockpiles rise by 1 million barrels. Markets to watch: Brent, WTI
Thursday
All day - OPEC meeting: the oil body may look to increase production after recent gains in the oil price, although the drop over the past month may stay their hand for now. Markets to watch: Brent, WTI, energy stocks
5am – Japan consumer confidence (November): index to rise to 40. Markets to watch: JPY crosses
1.30pm – US initial jobless claims (w/e 27 November): expected to rise to 245K from 199K. Markets to watch: USD crosses
Friday
1.45am – China Caixin services PMI (November): expected to fall to 53. Markets to watch: CNH crosses
1.30pm – US non-farm payrolls (November): payrolls to rise to 563K from 531K. Unemployment rate to fall to 4.5%. Markets to watch: US indices, USD crosses
1.30pm – Canada employment report (November): 45K jobs expected to have been created. Markets to watch: CAD crosses
3pm – US ISM non-mfg PMI (November), factory orders (October): factory orders to rise 0.5% MoM and ISM to fall to 65.2.
Company announcements
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Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
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Full-year earnings
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Shaftesbury, Topps Tiles, Future, easyJet |
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Half/ Quarterly earnings
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Wise, Pennon, Hewlett Packard Enterprise |
Snowflake |
Dollar General, Kroger |
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Trading update
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Go-Ahead |
Dividends
FTSE 100: 3i, National Grid, Royal Mail (interim & special), Severn Trent, Johnson Matthey
FTSE 250: Hill & Smith, Bellway, Alliance Trust, AVI Global, Oxford Instruments, Ninety One, Great Portland Estates, Big Yellow, Personal Assets Trust, Telecom Plus, Caledonia Investments, Pets at Home, LXI REIT
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
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Monday 29 November |
Tuesday 30 November |
Wednesday 1 December |
Thursday 2 December |
Friday 3 December |
Monday 6 December |
| FTSE 100 |
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3.69 | ||||
| Australia 200 | 1.2 | 0.7 | ||||
| Wall Street | 11.9 | 24.1 | 11.6 | |||
| US 500 | 0.60 | 0.39 | 0.71 | 0.22 | 0.15 | 0.06 |
| Nasdaq | 0.19 | 0.91 | 1.95 | 0.11 | 0.05 | |
| Netherlands 25 | ||||||
| EU Stocks 50 | 1.1 | 0.7 | ||||
| China H-Shares | 0.1 | |||||
| Singapore Blue Chip | 0.06 | |||||
| Hong Kong HS50 | 2.5 | |||||
| South Africa 40 | 34.0 | |||||
| Italy 40 | ||||||
| Japan 225 |
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