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 24 October
Chris Beauchamp's insight
Around half the total market capitalization of the S&P 500 reports earnings this week, in a range of sectors, including Twitter, Chevron, Alphabet, Meta, Apple and Amazon. UK banks also report figures, providing plenty for investors to watch. In addition, we have rate decisions from the central banks of Canada, the eurozone and Japan. The monthly flash purchasing managers index (PMIs) are also published, plus Q3 GDP from the US and Germany.
Economic reports
- Weekly view
Monday
8.30am – German PMI (October, flash): mfg to fall to 47.2 and services to fall to 44.8. Markets to watch: EUR crosses
9.30am – UK PMI (October, flash): services to fall to 49.7 and mfg to drop to 47.5. Markets to watch: GBP crosses
2.45pm – US PMI (October, flash): services to rise to 50.3 and mfg to fall to 51.7. Markets to watch: USD crosse
Tuesday
9am – German IFO index (October): business climate index to fall to 83.2. Markets to watch: EUR crosses
3pm – US consumer confidence (October): index to fall to 106 from 108. Markets to watch: USD crosses
Wednesday
1.30am – Australia CPI (Q3): prices to rise 1.5% QoQ and YoY rate to rise to 6.9%. Markets to watch: AUD crosses
3pm – Bank of Canada rate decision: rate to rise 50bps to 3.75%. Markets to watch: CAD crosses
3pm – US new home sales (September): expected to fall 1%. Markets to watch: USD crosses
3.30pm – US EIA crude oil inventories (w/e 21 October): stockpiles fell by 1.7 million barrels in the preceding week. Markets to watch: Brent, WTI
Thursday
7am – German GfK consumer confidence (November): index to rise to -41. Markets to watch: EUR crosses
1.15pm – ECB rate decision: rates expected to rise 75bps to 2% from 1.25%. Markets to watch: EUR crosses
1.30pm – US durable goods orders (September), GDP (Q3, advance), initial jobless claims (w/e 22 October): orders to rise 0.5% MoM, GDP to rise 2%, and claims to rise to 220K from 214K. Markets to watch: US indices, USD crosses
Friday
4am – Bank of Japan rate decision: rate to hold at -0.1%. Markets to watch: JPY crosses
9am – German GDP (Q3, flash): growth to slow to 0.2% YoY and fall 0.2% QoQ. Markets to watch: EUR crosses
1pm – German CPI (October, preliminary): prices to rise 10.1% YoY. Markets to watch: EUR crosses
1.30pm – US PCE price index (September): prices to rise 6.1% YoY and 0.2% MoM, marking a slowdown in the Fed’s preferred measure of prices from 6.2% and 0.3% in August. Markets to watch: USD crosses
Company announcements
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Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
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Full-year earnings |
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Half/ Quarterly earnings |
Philips |
Whitbread, HSBC, ASM, UBS, Spotify, Coca Cola, Microsoft, Alphabet, |
Standard Chartered, Barclays, Deutsche Bank, Ford, Boeing, Meta |
Lloyds, Credit Suisse, Shell, Amazon, Apple, Caterpillar |
NatWest, IAG, Volkswagen, Exxon, Chevron |
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Trading update |
Pearson | Bunzl | WPP |
Foxtons, Unilever |
Dividends
FTSE 100: Dechra Pharmaceuticals
FTSE 250: Morgan Advanced Materials, Balfour Beatty, City of London 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
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Monday 24 October |
Tuesday 25 October |
Wednesday 26 October |
Thursday 27 October |
Friday 28 October |
Monday 31 October |
| FTSE 100 | 0.14 | |||||
| Australia 200 | 0.5 | 0.1 | ||||
| Wall Street | ||||||
| US 500 | 0.02 | 0.06 | 0.07 | 0.37 | 0.16 | 0.03 |
| Nasdaq | 0.19 | 0.44 | 1.24 | |||
| Netherlands 25 | ||||||
| EU Stocks 50 | 2.0 | |||||
| China H-Shares | ||||||
| Singapore Blue Chip | 0.08 | |||||
| Hong Kong HS50 | ||||||
| South Africa 40 | 22.9 | |||||
| Italy 40 | ||||||
| Japan 225 |
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