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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 28 November

Chris Beauchamp's insight

US jobs data dominates the week, as we await the latest job creation figures and pay data. We also have purchasing managers index (PMI) data from China, as debate continues over whether that economy will be able to continue with its reopening plans following the rise in Covid-19 cases. Corporate news is quiet, with only budget airline easyJet of note this week.

 

 

Economic reports

  • Weekly view

Monday

11.30pm – Japan unemployment rate (October): expected to hold at 2.6%. Markets to watch: JPY crosses

 

Tuesday

 

1pm – German CPI (November, preliminary): prices to rise 10.3% YoY and fall 0.2% MoM. Markets to watch: EUR crosses

1.30pm – Canada GDP (Q3): 
QoQ rate to fall to 0.4% from 0.8%. Markets to watch: CAD crosses

3pm – US consumer confidence (November): 
index to fall to 100.3. Markets to watch: USD crosses

 

Wednesday

 

1.30am – China mfg & non-mfg PMI (November): mfg PMI to fall to 49 and non-mfg to rise to 49.1. Markets to watch: China indices, CNH crosses

8.55am – Germany unemployment (November): 
rate to hold at 5.5%. Markets to watch: EUR crosses

10am – eurozone CPI (November, flash): 
MoM figure to rise to 1.6% and YoY to drop to 10.4%. Core CPI to fall to 4.9% YoY. Markets to watch: EUR crosses

1.15pm – US ADP employment report (November): 
claims to fall to 203K from 239K. Markets to watch: USD crosses

1.30pm – US GDP (Q3, 2nd estimate): 
growth to be 2.6%, compared to the previous 2.8% estimate. Markets to watch: USD crosses

3pm – US pending home sales (October): 
sales to fall 24% YoY. Markets to watch: USD crosses

3.30pm – US EIA crude oil inventories (w/e 25 November): 
stockpiles fell by 3.6 million barrels in the previous week. Markets to watch: Brent, WTI

 

Thursday

 

1.45am – China Caixin mfg PMI (November): index to rise to 49.4. Markets to watch: CNH crosses

3pm – US ISM mfg PMI (November): 
index to fall to 50. Markets to watch: USD crosse

 

Friday

 

1.30pm – US non-farm payrolls report (November): unemployment rate to rise to 3.8% from 3.7%, while payrolls rise by 200K (from 261K last month). Average hourly earnings to rise 0.3%. Markets to watch: USD crosses

1.30pm – Canada employment report (November): 
unemployment rate to rise to 5.4%. Markets to watch: CAD crosses

 

Company announcements

 

 

 

Monday
28 November

Tuesday
29 November

Wednesday
30 November

Thursday
1 December

Friday
2 December

Full-year earnings

  Shaftesbury,
easyJet,
Topps Tiles
  Mitchells & Butlers  

Half/ Quarterly earnings

  Hewlett Packard Enterprises Pennon,
Mulberry,
Snowflake
Dollar General  

Trading update

  Wise      

 

 
 

Dividends

FTSE 100: Next, 3i , Severn Trent

FTSE 250: Hill & Smith, Bellway, Alliance Trust, Oxford Instruments, Ninety One, CMC, Telecom Plus, Pets at Home, LondonMetric Property

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
28 November
Tuesday
29 November
Wednesday
30 November
Thursday
1 December
Friday
2 December
Monday
5 December
FTSE 100            
Australia 200 0.1 0.6 0.2   1.1 0.0
Wall Street 4.6 41.9 4.6 41.9    
US 500 0.35 1.08 0.35 1.08 0.05 0.15
Nasdaq 0.29 1.14 0.29 1.14 0.12 0.04
Netherlands 25            
EU Stocks 50           3.5
China H-Shares     0.5      
Singapore Blue Chip            
Hong Kong HS50     0.8 2.1    
South Africa 40            
Italy 40            
Japan 225            

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