The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 4 July
Chris Beauchamp’s insight
The week begins quietly with US markets on holiday for Independence Day. But it heats up from there, with an RBA rate decision, US ISM PMIs, a China services PMI and then the monthly US employment report. In addition, Fed minutes will mean that there is little chance for markets to escape the focus on inflation, interest rates and growth that has been such a feature of the year so far. UK investors will be interested in updates from Sainsbury’s, Persimmon and Currys, but otherwise it is a quiet first week of July, although US earnings season begins the following week.
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.
|EU Stocks 50||0.4||2.1|
|Singapore Blue Chip|
|Hong Kong HS50||9.8||52.2|
|South Africa 40||28.0|
The Independence day holiday is observed in the US on 4th July – we therefore anticipate posting the below (*) on Friday 1st