The Week Ahead On The Markets
The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 17 April
Chris Beauchamp's insight
This week sees US earnings season enter a higher gear, with more banks reporting, as well as Tesla and Netflix among a broader range of companies. UK data is also key, including consumer price index (CPI) and employment figures, while flash purchasing managers index (PMI) for April round off the week in economic data.
Economic reports
- Weekly view
Monday
1.30pm – US Empire State mfg index (April): index to rise to -16. Markets to watch: USD crosses
Tuesday
2.30am – RBA meeting minutes: these will look at the latest policy decision to hold rates unchanged. Markets to watch: AUD crosses
3am – China GDP (Q1): growth forecast to be 3.2% YoY and 1.2% QoQ. Markets to watch: CNH crosses
7am – UK employment data: February unemployment rate to rise to 3.8% from 3.7%, and claimant count to drop by 9500 in March. Average earnings to rise 5.1% for the three months to February, a slowdown from the 5.7% in January. Markets to watch: GBP crosses
10am – German ZEW index (April): economic sentiment index to rise to 15. Markets to watch: EUR crosses
Wednesday
7am – UK CPI (March): prices expected to rise 10.2% YoY and 0.3% MoM, down from 10.4% and 1.1% in February. Core CPI to rise 6% from 6.2%. Markets to watch: GBP crosses
3.30pm – US EIA crude oil inventories (w/e 14 April): previous week saw stockpiles rise by 1.5 million barrels. Markets to watch: Brent, WTI
Thursday
1.30pm – US initial jobless claims (w/e 15 April): claims expected to rise to 244K. Markets to watch: US indices, USD crosses
3pm – eurozone consumer confidence (April, flash): expected to rise to -19. Markets to watch: EUR crosses
3pm – US existing home sales (March): sales forecast to fall 4.2% MoM. Markets to watch: US crosses
Friday
12.30am – Japan CPI (March): prices expected to rise 3.2% YoY. Markets to watch: JPY crosses
7am – UK retail sales (March): sales expected to fall 0.5% MoM. Markets to watch: GBP crosses
8.30am – German PMIs (April, flash): manufacturing PMI to drop to 44 from 44.7. Markets to watch: EUR crosses
9.00am – eurozone PMIs (April, flash): mfg PMI to fall to 47 and services PMI to fall to 54. Markets to watch: EUR crosses
9.30am – UK PMIs (April, flash): mfg PMI to rise to 48.5 and services PMI to fall to 52.4. Markets to watch: GBP crosses
2.45pm – US PMIs (April, flash): mfg to fall to 51.4 and services expected to weaken to 51.8. Markets to watch: USD crosses
Company announcements
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Full-year earnings |
THG | ||||
Half/ Quarterly earnings |
Goldman Sachs, Netflix, Johnson & Johnson, Bank of America |
Carr’s, Tesla, IBM |
WHSmith, AT&T, American Airlines |
Procter & Gamble | |
Trading update* |
PageGroup |
Moneysupermarket.com, easyJet, Entain, Deliveroo |
Just Eat Takeaway.com |
Dunelm, Rentokil |
Dividends
FTSE 100: Antofagasta, BAE Systems, Weir, London Stock Exchange, Spirax-Sarco
FTSE 250: Drax, Jupiter, Videndum, Rathbones, Vesuvius, Hunting, Ibstock, Quilter, Genuit, Bodycote, Vistry, Vanquis
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 17 April |
Tuesday 18 April |
Wednesday 19 April |
Thursday 20 April |
Friday 21 April |
Monday 24 April |
FTSE 100 | 4.17 | |||||
Australia 200 | 0.3 | |||||
Wall Street | 6.2 | 7.9 | ||||
US 500 | 0.48 | 0.08 | 0.18 | |||
Nasdaq | 0.37 | |||||
Netherlands 25 | 0.24 | 0.3 | 0.25 | |||
EU Stocks 50 | 7.3 | 7.0 | ||||
China H-Shares | ||||||
Singapore Blue Chip | 0.06 | |||||
Hong Kong HS50 | ||||||
South Africa 40 | 59.5 | |||||
Italy 40 | 377.9 | |||||
Japan 225 |
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