Jump to content

The Week Ahead On The Markets


MongiIG

834 views

The Week Ahead

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

IG Group.PNG
 

Week commencing 20 February

Chris Beauchamp's insight

This week’s key events include minutes from the Reserve Bank of Australia (RBA) and Federal Open Market Committee (FOMC), which will look at the recent interest rate decisions in Australia and the US respectively, with investors hoping these will provide further clues on the path of rates into the rest of the year. Beyond this, the Canadian and Japanese consumer price index (CPI), plus the US personal consumption expenditures (PCE) price index (the Federal Reserve (Fed’s) preferred measure) will keep the focus on price data. UK bank earnings dominate the week for corporate reporting, along with updates from big miners like Rio Tinto and aerospace engineer Rolls Royce.

 

Economic reports

  • Weekly view

Monday

Presidents’ Day – US stock markets closed

3pm – Eurozone consumer confidence (February, flash): index to rise to -20.9. Markets to watch: EUR crosses

Tuesday

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

12.30am – Japan PMIs (February, flash): manufacturing to rise to 49.5 and services to rise to 52.4. Markets to watch: JPY crosses

8.30am – German PMIs (February, flash): manufacturing to rise to 48.2 and services to rise to 51.5. Markets to watch: eurozone indices, EUR crosses

9am – eurozone PMIs (February, flash): manufacturing to rise to 49.5 and services to rise to 51.5. Markets to watch: eurozone indices, EUR crosses

9.30am – UK PMIs (February, flash): services to rise to 49.3 and manufacturing to rise to 47.5. Markets to watch: GBP crosses

10am – German ZEW (February): economic sentiment index to rise to 25.1. Markets to watch: eurozone indices, EUR crosses

1.30pm – Canada CPI (January): prices to rise 5.6% YoY, down from 6.3% in December, and rise 0.2% MoM, from a 0.6% fall in December. Markets to watch: CAD crosses

2.45pm – US PMIs (February, flash): services to rise to 47.2 and manufacturing to rise to 47.4. Markets to watch: USD crosses

3pm – US existing home sales (January): expected to fall 0.2% MoM. Markets to watch: USD crosses

Wednesday

9am – German IFO index (February): index to rise to 91.2. Markets to watch: EUR crosses

7pm – FOMC minutes. Markets to watch: US indices, USD crosses

Thursday

1.30pm – US initial jobless claims (w/e 18 February), Chicago nat’l Fed index (January), GDP (Q2, 2nd estimate): claims to rise to 197K, Chicago Fed index to rise to -0.2. Markets to watch: USD crosses

4pm – US EIA crude oil inventories (w/e 17 February): stockpiles rose by 16.2 million barrels in the preceding week. Markets to watch: Brent, WTI

Friday

7am – German GfK consumer confidence (March): index to fall to -34. Markets to watch: EUR crosses

1.30pm – US PCE price index (January): prices to rise 0.1% MoM and 4.2% YoY. Markets to watch: USD crosses

3pm – US new home sales (January): sales to rise 0.4% MoM. Markets to watch: USD crosses

 

Company announcements

 

 

 

Monday
20 February

Tuesday
21 February

Wednesday
22 February

Thursday
23 February

Friday
24 February

Full-year earnings

 

Antofagasta,
Smith & Nephew,
HSBC,
InterContinental Hotels

Lloyds,
Rio Tinto

WPP,
Rolls Royce,
Hikma Pharma,
BAE Systems,
Anglo American,
Hays

IAG

Half/ Quarterly earnings

 

Walmart,
Home Depot

NVIDIA,
eBay

Beyond Meat,
Moderna,
Dell

 

Trading update*

 

 

 

 

 

 
 

Dividends

FTSE 100: Endeavour Mining, GSK, Land Securities, Astrazeneca, Unilever, Barclays, Standard Chartered

FTSE 250: Witan Investment Trust, Redrow, Plus500

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

6.8

Monday
20 February
Tuesday
21 February
Wednesday
22 February
Thursday
23 February
Friday
24 February
Monday
27 February
FTSE 100     19.91      
Australia 200 1.8 12.3 26.8 1.8 5.0 4.1
Wall Street     6.8   4.6 10.0
US 500 0.04 0.08 0.34 0.18 0.60 0.41
Nasdaq   0.23 1.43 0.89 0.23 0.10
Netherlands 25     1.01      
EU Stocks 50            
China H-Shares            
Singapore Blue Chip            
Hong Kong HS50            
South Africa 40     39      
Italy 40            
Japan 225         15.9  

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