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The Week Ahead On The Markets


MongiIG

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The Week Ahead

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

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Week commencing 1 August

Josh Mahony’s insight

The action keeps on coming, with the recent central bank focus shifting towards employment data as the US brings the latest jobs report. With the US having entered a technical recession, traders will be watching closely for further weakness to impact Federal Reserve (Fed) plans. Also keep an eye out for jobs data from New Zealand and Canada.

From an earnings perspective, the UK brings data from the likes of HSBC, BP, and Rolls-Royce. In the US, Airbnb, Uber, and Moderna are highlights within another busy period for US stocks.

 

 

Economic reports

  • Weekly view

Monday

2.45am – China Caixin Manufacturing PMI (July): index expected to rise to 52.2 from 51.7. Markets to watch: China indices, CNH crosses

3pm – US ISM Manufacturing PMI (October): expected to fall to 52.2 from the previous reading 53.0. Markets to watch: US indices, USD crosses


Tuesday

5.30am – RBA rate decision: RBA expected to hike by 50 basis points, from 1.35% to 1.85%. Markets to watch: AUD crosses

11.45am – NZ jobs report (Q2): unemployment rate expected to fall to 3.1% from 3.2%. Employment change expected to rise to 0.3% from 0.1%. Markets to watch: NZD crosses


Wednesday

2.45am – China Caixin services PMI (July): expected to rise to 55.2 from 54.5. Markets to watch: China indices, CNH crosses

10.00am – Eurozone retail sales (June): expected to fall to -0.4% from 0.2%. Markets to watch: Eurozone indices, EUR crosses

3pm – US ISM non-manufacturing PMI (July): expected to fall to 51.0 from 55.3. Markets to watch: US indices, USD crosses

3.30pm – US EIA crude oil inventories (w/e 29 July): Last week saw a contraction of 4.523 million barrels. Markets to watch: Brent, WTI


Thursday

12pm – BoE rate decision: bank expected to raise rates by 50-basis points, to 1.75%. Markets to watch: FTSE 100/250, GBP crosses

1.30pm – US initial jobless claims (w/e 30 July): Initial claims expected to rise from 260k to 256k. Markets to watch: US indices, USD crosses


Friday

1.30pm – US jobs report (July): non-farm payrolls expected to fall to 290K from 372K. Unemployment rate expected to remain at 3.6%. Markets to watch: US indices, USD crosses

1.30pm – Canada employment report (July): employment change figure expected to rise to 25,000 from -42,300. Markets to watch: CAD crosses

3pm – Canada Ivey PMI (July): expected to fall to 61 from 62.2. Markets to watch: CAD crosses

 

Company announcements

 

 

 

Monday
1 August

Tuesday
2 August

Wednesday
3 August

Thursday
4 August

Friday
5 August

Full-year earnings

 

 

 

 

Hargreaves Lansdown

Half/ Quarterly earnings

HSBC,
Pearson,
Heineken,
Loews Corp,
Avis Budget,
Pinterest
BP,
Direct Line Insurance,
Fresnillo,
Travis Perkins,
Greggs,
Man Group,
Cazoo,
Uniper,
Generali,
Arconic,
Dupont de Nemours,
Warner Bros Discovery,
Paypal Holdings,
Prudential financial,
Amgen,
Starbucks,
Uber Technologies,
Caterpillar,
AMD,
Airbnb
Ferrexpo,
Taylor Wimpey,
Just Eat Takeaway.com,
Commerzbank,
Hugo Boss,
Societe Generale,
Infineon,
BMW,
Axa,
Robinhood Markets,
eBay,
Moderna,
Under Armour
Hikma Pharmaceuticals,
Rolls-Royce,
Glencore,
Meggitt,
Bayer,
Adidas,
Merck,
Beyond Meat,
AIG,
Dropbox,
WeWork,
Kellogg,
ConocoPhillips,
Eli Lilly
LSE Group,
WPP,
Allianz

Trading update

  Sage Group,
Virgin Money,
Wizz Air traffic
Ryanair traffic Next Pets at Home

 

 
 

Dividends

FTSE 100: None

FTSE 250: None

Index adjustments

 

Monday
1 August
Tuesday
2 August
Wednesday
3 August
Thursday
4 August
Friday
5 August
Monday
8 August
FTSE 100     10.31      
Australia 200       0.0    
Wall Street     2.4 1.5   10.9
US 500 0.02 0.06 0.36 0.61 0.08 0.26
Nasdaq     1.84 2.44   0.44
Netherlands 25   0.11 1.78   0.9  
EU Stocks 50     0.7   1.3  
China H-Shares            
Singapore Blue Chip   0.40 0.28 0.28 0.94  
Hong Kong HS50            
South Africa 40            
Italy 40            
Japan 225            

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