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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

IG Group.PNG
 

Week commencing 26 September

Chris Beauchamp's insight

It is a quieter macro week after the central bank-filled week that went before it. The German IFO index and US durable goods orders are the main events to look for. Corporate news is quieter, although UK investors will focus on updates from Next and BooHoo.

 

 

Economic reports

  • Weekly view

Monday

9am – German IFO business climate index (September): index to fall to 85.7. Markets to watch: EUR crosses

1.30pm – US Chicago Fed activity index (August): previous reading 0.27. Markets to watch: USD crosses

Tuesday

1.30pm – US durable goods orders (August): orders to fall 1.1% overall, and rise 0.2% excluding transportation. Markets to watch: USD crosses

3pm – US new home sales (August), consumer confidence (September): sales to fall 0.5%, and confidence index to rise to 104. Markets to watch: USD crosses

Wednesday

7am – German GfK consumer confidence (October): expected to rise to -33. Markets to watch: EUR crosses

3pm – US pending home sales (August): expected to fall 1.2%. Markets to watch: USD crosses

3.30pm – US EIA crude oil inventories (w/e 23 September): stockpiles rose by 1.1 million barrels in the previous week. Markets to watch: Brent, WTI

Thursday

1pm – German CPI (September, preliminary): prices to rise 7.5% YoY. Markets to watch: EUR crosses

1.30pm – US initial jobless claims (w/e 24 September): claims to rise to 216K from 213K. Markets to watch: USD crosses

Friday

2.30am – China PMIs (September): mfg PMI to rise to 49.8 and non-mfg to fall to 51. Markets to watch: CNH crosses

2.45am – China Caixin mfg PMI (September): index to rise to 49.8. Markets to watch: CNH crosses

8.55am – German unemployment (September): rate to rise to 5.6%. Markets to watch: EUR crosses

10am – eurozone CPI (September, flash): inflation to rise to 9.7% YoY and 0.7% MoM. Core CPI to rise to 4.4% YoY. Markets to watch: EUR crosses

1.30pm – US PCE price index (August): prices to rise 6.1% YoY. Markets to watch: USD crosses

2.45pm – US Chicago PMI (September): index to fall to 51.2. Markets to watch: USD crosses

 

Company announcements

 

 

 

Monday
26 September

Tuesday
27 September

Wednesday
28 September

Thursday
29 September

Friday
30 September

Full-year earnings

  Close Brothers,
Ferguson
     

Half/ Quarterly earnings

  AG Barr,
Saga
BooHoo Avacta,
Next,
H&M,
Nike,
Bed Bath & Beyond
 

Trading update

        Pennon

 

 
 

Dividends

FTSE 100: British American Tobacco, Smurfit Kappa, Smith & Nephew, Rightmove, Barratt Developments

FTSE 250: Hays, Finsbury Group, Computacenter, Games Workshop, Petershill Partners, Hipgnosis Songs Fund, 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

 

Monday
26 September
Tuesday
27 September
Wednesday
28 September
Thursday
29 September
Friday
30 September
Monday
3 October
FTSE 100     6.55      
Australia 200     0.6      
Wall Street         3.4 2.5
US 500 0.23 0.21 0.53 0.16 0.07 0.33
Nasdaq     0.88     3.01
Netherlands 25     0.28 (0)      
EU Stocks 50            
China H-Shares            
Singapore Blue Chip            
Hong Kong HS50            
South Africa 40   115.9        
Italy 40            
Japan 225   224.3        

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