Jump to content

The Week Ahead On The Markets


MongiIG

1,155 views

The Week Ahead

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

IG Group.PNG
 

Week commencing 13 March

Chris Beauchamp's insight

US inflation and then the European Central Bank’s (ECB) meeting are the crucial events this week, and are likely to drive market volatility. Markets are on notice for more hawkish commentary from central banks, while ongoing volatility around bank stocks will potentially continue into this week. Big earnings include German car firms Porsche and Volkswagen, plus UK insurer Prudential and food delivery firm Deliveroo.

 

 

Economic reports

  • Weekly view

Monday

11.30pm – Australia Westpac consumer confidence (March): index to rise to 79.1. Markets to watch: AUD crosses

Tuesday

7am – UK unemployment data: January unemployment rate to rise to 3.8%, average earnings to rise 6.6% over the previous three months. Markets to watch: GBP crosses

12.30pm – US CPI (February): prices to rise 6.2% YoY from 6.4%, and 0.4% MoM from 0.5%. Core CPI to rise 5.6% YoY and 0.4% MoM, both unchanged from last month. Markets to watch: USD crosses

Wednesday

2am – China industrial production, retail sales, unemployment rate (February): production to increase by 2.6%, and unemployment rate to hold at 5.5%. Markets to watch: CNH crosses

12.30pm – UK budget: the Chancellor will unveil the government’s spending plans. Recent improvements in finances and lower energy prices may provide a more upbeat forecast for the British economy. Markets to watch: GBP crosses

12.30pm – US PPI, retail sales (February): PPI to slow to 0.3% MoM and sales to rise 0.2% from 3%. Markets to watch: USD crosses

2.30pm – US EIA crude oil inventories (w/e 10 March): stockpiles fell by 1.7 million barrels in the previous week. Markets to watch: Brent, WTI

Thursday

12.30am – Australia employment data: unemployment rate to fall to 3.6%. Markets to watch: AUD crosses

12.30pm – US initial jobless claims (w/e 11 March): claims rose to 211K in the previous week. Markets to watch: USD crosses

1.15pm – ECB rate decision: rates to rise 50bps to 3.5%, with the press conference likely to provide guidance on further policy changes. Markets to watch: eurozone indices, EUR crosses

Friday

2pm – US Michigan confidence index (March): expected to edge up to 67.5. Markets to watch: USD crosses

 

Company announcements

 

 

 

Monday
13 March

Tuesday
14 March

Wednesday
15 March

Thursday
16 March

Friday
17 March

Full-year earnings

Direct Line,
Porsche

Old Mutual,
Volkswagen

Prudential,
Balfour Beatty

Deliveroo,
Savills,
Rentokil

 

Half/ Quarterly earnings

 

Close Bros

H&M,
Adobe

 

 

Trading update*

         
 
 

Dividends

FTSE 100: NatWest, SEGRO, Anglo American, Haleon, CRH

FTSE 250: Crest Nicholson, Spirent, Dunelm, Bellevue Healthcare

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
13 March
Tuesday
14 March
Wednesday
15 March
Thursday
16 March
Friday
17 March
Monday
20 March
FTSE 100     9.98      
Australia 200 0.1 0.5 0.6 0.3 0.0 1.3
Wall Street 4.8   6.8      
US 500 0.96 0.14 0.57 0.08 0.03 0.28
Nasdaq 1.78         1.87
Netherlands 25            
EU Stocks 50     1.1   0.8  
China H-Shares            
Singapore Blue Chip            
Hong Kong HS50   1.0        
South Africa 40   260.8        
Italy 40         34.6  
Japan 225       0.5    

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