The Week Ahead On The Markets
The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 2 May
Chris Beauchamp’s insight
It is a busy week ahead on both the corporate and economic fronts, with decisions from the Australian, US and UK central banks, all of which are expected to raise rates. Meanwhile, US ISM PMI figures are accompanied by the monthly job reports for the US. Corporate news is also plentiful, including updates from BP and Next in the UK, plus French banks BNP Paribas and Societe Generale. US earnings season continues, including Airbnb, AMD and Uber.
Economic reports
- Weekly view
Monday
UK markets closed for bank holiday
6am – Japan consumer confidence (April): index to fall to 31.7. Markets to watch: JPY crosses
3pm – US ISM mfg PMI (April): index to rise to 58. Markets to watch: US indices, USD crosses
Tuesday
5.30am – RBA rate decision: rates to rise to 0.25% from 0.1%. Markets to watch: AUD crosses
10am – eurozone unemployment rate (March) rate to fall to 6.7%. Markets to watch: EUR crosses
Wednesday
1.15pm – US ADP employment report (April): payrolls to rise by 370K, down from 455K last month. Markets to watch: US indices, USD crosses
1.30pm – US trade balance (March): exports to fall to $227 billion from $228 billion. Markets to watch: USD crosses
3pm – US ISM non-mfg PMI (March): index to rise to 59. from 58.3. Markets to watch: USD crosses
3.30pm – US EIA crude oil inventories (w/e 29 April): stockpiles rose by 692,000 barrels in the preceding week. Markets to watch: Brent, WTI
7pm – FOMC rate decision: rates forecast to rise to 1% from 0.5%. Markets to watch: US indices, USD crosses
Thursday
2.45am – China Caixin services PMI (April): index to rise to 42.1 from 42. Markets to watch: CNH crosses
12pm – BoE rate decision: rates expected to rise 25bps to 1%. Commentary on additional rate hikes will influence GBP pairs. Markets to watch: GBP crosses
1.30pm – US initial jobless claims (w/e 30 April): claims to rise to 185K. Markets to watch: USD crosses
Friday
1.30pm – US non-farm payrolls (April): 400K jobs expected to have been created, down from 430K in March. Unemployment rate expected to hold at 3.6%, and average hourly earnings to rise 0.4% MoM and 5.6% YoY. Markets to watch: US indices, USD crosses
1.30pm – Canada employment report (April): unemployment rate to hold at 5.3%. Markets to watch: CAD crosses
3pm – Canada Ivey PMI (April): index to fall to 73.8 from 74.2. Markets to watch: CAD crosses
Company announcements
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Full-year earnings |
Card Factory, JD Sports Fashion |
Boohoo | |||
Half/ Quarterly earnings |
BP , Cazoo , BNP Paribas, Pfizer , Starbucks , AMD, Airbnb |
Aston Martin Lagonda , Uber , eBay, YUM! |
Credit Agricole , Societe Generale, AB InBev, Shell, Airbus, Deutsche Lufthansa , Moderna , Beyond Meat, ConocoPhillips |
IAG, Adidas |
|
Trading update |
|
JD Wetherspoon , Direct Line, Flutter Entertainment |
Reach, Barratt Developments, Next, BAE Systems |
Beazley , InterContinental Hotels |
Dividends
FTSE 100: Croda, Admiral
FTSE 250: Tate & Lyle (3 May), Hochschild Mining , Hiscox , GCP Infrastructure Investments , Edinburgh Inv. Trust
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 2 May |
Tuesday 3 May |
Wednesday 4 May |
Thursday 5 May |
Friday 6 May |
Monday 9 May |
FTSE 100 | 1.28 (0.65) | |||||
Australia 200 | 0.5 | |||||
Wall Street | 6.1 | 1.5 | 10.9 | |||
US 500 | 0.04 | 0.47 | 0.61 | 0.30 | 0.01 | |
Nasdaq | 0.35 | 1.70 | 3.59 | 0.43 | 0.13 | |
Netherlands 25 | 0.91 | 0.08 | 0.20 | 0.91 | ||
EU Stocks 50 | 3.4 | 5.9 | 9.3 | 2.4 | 1.7 | |
China H-Shares | ||||||
Singapore Blue Chip | 0.04 | 0.41 | 1.19 | 0.22 | ||
Hong Kong HS50 | ||||||
South Africa 40 | 66.0 | |||||
Italy 40 | ||||||
Japan 225 |
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