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 6 March
Chris Beauchamp's insight
The week is dominated by US employment reports in the shape of the monthly non-farm payroll (NFP) and automatic data processing (ADP) figures, and by rate decisions from the central banks of Australia, Canada and Japan. Only the first is expected to keep hiking rates, with the middle keeping them at their current high and the latter holding them once more. UK earnings cover a variety of sectors, but Greggs, Admiral and PageGroup might be key ones to monitor.
Economic reports
- Weekly view
Monday
9.30am – UK construction PMI (February): expected to rise to 49.5. Markets to watch: GBP crosses
3pm – Canada Ivey PMI (February): forecast to fall to 55. Markets to watch: CAD crosses
Tuesday
3am – China trade data (February): exports to fall 3% MoM. Markets to watch: CNH crosses
3.30am – RBA rate decision: rates expected to rise 25bps to 3.6%. Markets to watch: AUD crosses
3pm – Fed chair Powell testimony: the Fed’s chairman will appear before US lawmakers. Markets to watch: US indices, USD crosses
Wednesday
1.30pm – US trade balance (January): deficit to widen to $68.8 billion. Markets to watch: USD crosses
3pm – Bank of Canada rate decision: rates to remain at 4.5%. Markets to watch: CAD crosses
3pm – Fed chair Powell testimony (cont). Markets to watch: US indices, USD crosses
3.30pm – US EIA crude oil inventories (w/e 3 March): stockpiles fell by 1.2 million barrels. Markets to watch: Brent, WTI
Thursday
1.30am – China CPI (February): prices to rise 2.3% YoY and 0.6% MoM, from 2.1% and 0.8% respectively. Markets to watch: CNH crosses
1.30pm – US initial jobless claims (w/e 4 March): expected to rise to 192K. Markets to watch: USD crosses
Friday
3am – BoJ rate decision: rates to remain at 0.1%. Markets to watch: JPY crosses
7am – UK GDP (January): expected to be flat MoM. Markets to watch: GBP crosses
1.30pm – US non-farm payrolls (February): payrolls to fall to 200K from 517K last month. Watch out for a potential revision to last month’s number. Unemployment rate to rise to 3.5% and average hourly earnings to rise 0.3% and 4.3% YoY. Markets to watch: US indices, USD crosses
1.30pm – Canada employment report (February): unemployment rate to rise to 5.2%. Markets to watch: CAD crosses
Company announcements
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Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
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Full-year earnings |
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Half/ Quarterly earnings |
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Trading update* |
Dividends
FTSE 100: Rio Tinto, Melrose, Beazley
FTSE 250: Renishaw, PZ Cussons, Energean, Dechra Pharmaceuticals, Warehouse REIT, Law Debenture Corp, Alliance Trust, Tritax Big Box, LondonMetric Property, Assura
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
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Monday 6 March |
Tuesday 7 March |
Wednesday 8 March |
Thursday 9 March |
Friday 10 March |
Monday 13 March |
| FTSE 100 | 8.40 | |||||
| Australia 200 | 1.8 | 15.0 | 32.7 | 0.5 | 0.2 | 0.1 |
| Wall Street | 13.8 | 6.1 | 10.9 | 4.8 | ||
| US 500 | 0.11 | 0.35 | 0.65 | 0.31 | 0.09 | 0.96 |
| Nasdaq | 0.10 | 1.15 | 0.12 | 1.78 | ||
| Netherlands 25 | ||||||
| EU Stocks 50 | ||||||
| China H-Shares | 0.3 | |||||
| Singapore Blue Chip | ||||||
| Hong Kong HS50 | 10.6 | 4.0 | ||||
| South Africa 40 | 89.3 | |||||
| Italy 40 | ||||||
| Japan 225 |
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