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 30 January
Chris Beauchamp's insight
It is an action-packed week. A trio of major central banks issue rate decisions, plus we have the monthly non-farm payrolls report, Chinese PMI figures and initial Q4 GDP readings for Germany and the eurozone. As if that was not enough, the heavyweight tech stocks (though less heavyweight since the 2022 declines) of Apple, Amazon and Alphabet, plus Meta, also report earnings figures, along with other major firms in the US. This week will be a vital test for markets that have been broadly risk-on since the beginning of the year.
Economic reports
- Weekly view
Monday
3pm – eurozone consumer confidence (January): index to rise to -21. Markets to watch: EUR crosses
Tuesday
1.30am – Chinese purchasing managers index (PMI) (January): index to rise to 48 for both manufacturing and non-manufacturing. Markets to watch: CNH crosses
9am – German GDP (Q4, flash): economy expected to have remained static QoQ and shrunk 0.2% YoY. Markets to watch: EUR crosses
10am – eurozone GDP (Q4, flash): expected to see -0.4% growth QoQ and a 1.1% rise YoY. Markets to watch: EUR crosses
1pm – German CPI (January, preliminary): forecast to be 7.8% YoY and -0.3% MoM. Markets to watch: EUR crosses
2.45pm – US Chicago PMI (January): index to fall to 43 from 44.9. Markets to watch: USD crosses
3pm – US consumer confidence (January): index to rise to 109.4. Markets to watch: USD crosses
Wednesday
1.45am – China Caixin mfg PMI (January): private sector survey expected to rise to 52, back into expansion territory. Markets to watch: CNH crosses
10am – eurozone CPI (January) & unemployment (December): CPI to rise 8.7% YoY and fall 0.2% MoM, from 9.2% and -0.4% respectively. Unemployment rate to hold at 6.5%. Markets to watch: EUR crosses
1.15pm – US ADP report (January): private payrolls to rise 131K, down from 235K. Markets to watch: US indices, USD crosses
3pm – US ISM mfg PMI (January): index to fall to 48.2. Markets to watch: USD crosses
3.30pm – US EIA crude oil inventories (w/e 27 January): Markets to watch: Brent, WTI
7pm – FOMC rate decision: rates to rise to 4.75% from 4.5%. Markets to watch: USD crosses
Thursday
12pm – Bank of England rate decision: rates to rise to 4% from 3.5%. Markets to watch: GBP crosses
1.15pm – ECB rate decision: rates to increase to 2.5% from 25%. Markets to watch: eurozone indices, EUR crosses
Friday
1.30pm – US non-farm payrolls (January): payrolls to rise by 175K from 223K, while the unemployment rate rises to 3.6% from 3.5%. Average hourly earnings to rise 0.3% MoM and 4.6% YoY. Markets to watch: US indices, USD crosses
3pm – US ISM non-manufacturing PMI (January): index to fall to 49 from 49.8. Markets to watch: USD crosses
Company announcements
|
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
|
Full-year earnings |
Novartis | ||||
|
Half/ Quarterly earnings |
Spotify, |
GSK, Meta |
BT, Shell, Amazon, Ford, Merck, Starbucks, Apple, Alphabet |
||
|
Trading update |
AG Barr, Pets at Home |
Vodafone, Entain |
Dividends
FTSE 100: None
FTSE 250: Paragon Banking, JLEN, Merchants Trust, Edinburgh Inv
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 30 January |
Tuesday 31 January |
Wednesday 1 February |
Thursday 2 February |
Friday 3 February |
Monday 6 February |
| FTSE 100 | ||||||
| Australia 200 | 0.01 | |||||
| Wall Street | 2.4 | |||||
| US 500 | 0.08 | 0.07 | 0.23 | 0.25 | 0.28 | 0.08 |
| Nasdaq | 0.20 | 0.40 | 0.19 | 1.64 | ||
| Netherlands 25 | 0.3 | |||||
| EU Stocks 50 | 0.7 | |||||
| China H-Shares | ||||||
| Singapore Blue Chip | 0.27 | |||||
| Hong Kong HS50 | ||||||
| South Africa 40 | ||||||
| Italy 40 | 0.3 | |||||
| Japan 225 |
* Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day
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