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The Week Ahead On The Markets


MongiIG

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The Week Ahead

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

 
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Week commencing 1 May

Chris Beauchamp's insight

It will be another busy week, as earnings from Apple, Ford, and others compete for attention with rate decisions from the Reserve Bank of Australia (RBA), European Central Bank’s (ECB) and the Federal Reserve (Fed). To cap it all off, we have the monthly US job reports, in the shape of the automatic data processing (ADP) and non-farm payrolls (NFP) figures.

 

Economic reports

  • Weekly view

Monday

UK Spring Bank holiday

6am – Japan consumer confidence (April): expected to fall to 32. Markets to watch: JPY crosses

3pm – US ISM mfg PMI (April): index to rise to 46.6. Markets to watch: USD crosses


Tuesday

5.30am – RBA rate decision: rates to be held at 3.6%. Markets to watch: AUD crosses

10am – eurozone inflation (April): YoY rate to fall to 6.6% and MoM to 0.3%. Core to hold at 5.7% YoY. Markets to watch: EUR crosses


Wednesday

1.15pm – US ADP employment report (April): 150K jobs expected to have been created, from 150K last month. Markets to watch: USD crosses

3pm – US ISM services PMI (April): expected to fall to 50.6. Markets to watch: USD crosses

3.30pm – US EIA crude oil inventories (w/e 28 April): stockpiles fell by 5 million barrels in the preceding week. Markets to watch: Brent, WTI

7pm – FOMC rate decision: rates to rise to 5.25%. Commentary around potential future hikes or a pause will be key for market direction. Markets to watch: US indices, USD crosses


Thursday

2.45am – China Caixin mfg PMI (April): index to rise to 50.4. Markets to watch: CNH crosses

1.15pm – ECB rate decision: rates to rise to 3.75%, up 25 bps, though a 50bps hike cannot be ruled out. Markets to watch: EUR crosses

1.30pm – US initial jobless claims (w/e 29 April): claims rose to 230K in the previous week. Markets to watch: USD crosses


Friday

2.45am – China Caixin services PMI (April): expected to rise to 58. Markets to watch: CNH crosses

1.30pm – US non-farm payrolls (April): payrolls to rise by 181K, down from 236K last month. Unemployment rate to rise to 3.6% and average hourly earnings to rise 0.3% MoM and 4% YoY. Markets to watch: US indices, USD crosses

 

Company announcements

 

 

 

Monday
1 May

Tuesday
2 May

Wednesday
3 May

Thursday
4 May

Friday
5 May

Full-year earnings

         

Half/ Quarterly earnings

Logitech BP,
HSBC,
Pfizer,
Ford,
Uber,
AMD
Lloyds,
Barratt Developments,
Metro Bank,
Airbus,
BNP Paribas,
Flutter Entertainment
Shell,
Volkswagen,
Apple
IAG,
Air France,
Adidas

Trading update*

      Next,
BAE Systems
Intercontinental Hotels
 
 

Dividends

FTSE 100: Glencore, St James’s Place, Admiral, Hiscox

FTSE 250: Lancashire Holdings Ltd, 4imprint, Blackrock World Mining, Edinburgh Inv Trust

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
1 May
Tuesday
2 May
Wednesday
3 May
Thursday
4 May
Friday
5 May
Monday
8 May
FTSE 100     1.60      
Australia 200           7.3
Wall Street     4.6     10.9
US 500 0.03 0.04 0.45 0.23 0.09 0.27
Nasdaq     1.07 1.13   0.43
Netherlands 25            
EU Stocks 50 4.3 0.9 5.7 9.0 7.0 4.3
China H-Shares            
Singapore Blue Chip   0.19   0.12 1.57  
Hong Kong HS50   1.8        
South Africa 40 11 28.1        
Italy 40            
Japan 225            

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