Jump to content

The Week Ahead On The Markets


MongiIG

740 views

The Week Ahead

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

IG Group.PNG
 

Week commencing 19 December

Chris Beauchamp's insight

The final two weeks of the year are, as usual, relatively quiet. With the Federal Reserve (Fed), Bank of England (BoE) and European Central Bank (ECB) meetings out of the way, and the latest US inflation figures out, there is not much of note left to report before year-end. The Bank of Japan is expected to leave rates unchanged, and even the durable goods figures are unlikely to excite much comment. Corporate news is very thin, with just FedEx and Nike earnings in the week before Christmas.

 

Economic reports (week commencing 19 December)

  • Weekly view

Monday

9am – German IFO index (December): business climate index to rise to 87. Markets to watch: EUR crosses

Tuesday

12.30am – RBA meeting minutes. Markets to watch: AUD crosses

3am – Bank of Japan rate decision: 
rates to remain at -0.1%. Markets to watch: JPY crosses

3pm – eurozone consumer confidence (December): 
index to fall to -24.6. Markets to watch: EUR crosse12.30am – RBA meeting minutes. Markets to watch: AUD crosses

Wednesday

7am – German GfK consumer confidence (January): index to rise to -36. Markets to watch: EUR crosses

1.30pm – Canada CPI (November): 
prices to rise 6.8% YoY and 0.4% MoM, from 6.9% and 0.7% respectively. Markets to watch: CAD crosses

3pm – US existing home sales (November), consumer confidence (December): 
sales to fall 1.7% MoM and consumer confidence to drop to 100 from 100.2. Markets to watch: USD crosses

3.30pm – US EIA crude oil inventories (w/e 16 December): 
previous week saw stockpiles rise by 10.2 million barrels. Markets to watch: Brent, WTI7am – German GfK consumer confidence (January): index to rise to -36. Markets to watch: EUR crosses

Thursday

1.30pm – US initial jobless claims (w/e 17 December), Chicago Fed nat’l activity index (November): Markets to watch: USD crosses

11.30pm – Japan CPI (November): 
prices to rise 3.9% YoY from 3.7%. Markets to watch: JPY crosses

Friday

Christmas Eve – half day for UK and US markets

1.30pm – US durable goods orders (November): 
orders to rise 0.8% MoM. Markets to watch: USD crosses

3pm – US new home sales (November): 
sales to rise 3% MoM. Markets to watch: USD crosses

 

Economic reports (week commencing 26 December)

  • Weekly view

Monday

Boxing Day – UK markets closed

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

Tuesday

UK bank holiday – UK markets closed

None

Wednesday

3pm – US pending home sales (November): sales fell 4.6% last month. Markets to watch: USD crosses

Thursday

1.30pm – US initial jobless claims (w/e 24 December) Markets to watch: USD crosses

4pm – US EIA crude oil inventories (w/e 23 December) Markets to watch: Brent, WTI

Friday

2.45pm – US Chicago PMI (December): previous reading 37.2. Markets to watch: USD crosses

 

Company announcements

 

 

 

Monday
19 December

Tuesday
20 December

Wednesday
21 December

Thursday
22 December

Friday
23 December

Full-year earnings

 

 

 

 

 

Half/ Quarterly earnings

 

General Mills,
FedEx,
Nike

Micron Technology

   

Trading update

 

 

 

   
 
 

Dividends (22 December)

FTSE 100: British American Tobacco, Halma, United Utilities

FTSE 250: Britvic, Home REIT, IntegraFin Holdings

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.

 

 

Dividends (29 December)

FTSE 100: BT

FTSE 250: Grainger

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
19 December
Tuesday
20 December
Wednesday
21 December
Thursday
22 December
Friday
23 December
Monday
26 December
FTSE 100     5.23      
Australia 200 0.4          
Wall Street            
US 500 0.14 0.54   0.11   0.30*
Nasdaq            
Netherlands 25            
EU Stocks 50            
China H-Shares            
Singapore Blue Chip            
Hong Kong HS50            
South Africa 40   30.2        
Italy 40            
Japan 225            

0 Comments


Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...
us