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The Week Ahead On The Markets


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The Week Ahead

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

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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

 

 

 

Monday
17 October

Tuesday
18 October

Wednesday
19 October

Thursday
20 October

Friday
21 October

Full-year earnings

     

 

 

Half/ Quarterly earnings

Philips Whitbread,
HSBC,
ASM,
UBS,
Spotify,
Coca Cola,
Microsoft,
Alphabet,
Twitter
Standard Chartered,
Barclays,
Deutsche Bank,
Ford,
Boeing,
Meta
Lloyds,
Credit Suisse,
Shell,
Amazon,
Apple,
Caterpillar
NatWest,
IAG,
Volkswagen,
Exxon,
Chevron

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

 

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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