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 8 May
Chris Beauchamp's insight
This week’s key event is US consumer price index (CPI), which will provide the chance for volatility in the US dollar. Earnings season slows down after the big names of the last two weeks. Other key events will be the Bank of England (BoE) rate decision, and also UK gross domestic product (GDP) for quarter one (Q1).
Economic reports
- Weekly view
Monday
UK Coronation bank holiday – UK markets closed
2.30am – Australia NAB business confidence index (April): index to rise to 1 from -1. Markets to watch: AUD crosses
Tuesday
1.30am – Australia consumer confidence index (May): expected to fall to 82.1 from 85.8. Markets to watch: AUD crosses
4am – China trade data (April): exports to rise by 11% compared to 14.8% in March. Markets to watch: CNH crosses
Wednesday
1.30pm – US CPI (April): prices expected to have risen 4.9% YoY from 5%, and fall 0.2% from a 0.4% rise MoM. Core CPI to be 5.6% YoY and 0.5% MoM, from 5.6% and 0.4% respectively. Markets to watch: US indices, USD crosses
3.30pm – US EIA crude oil inventories (w/e 5 May): stockpiles fell by 1.3 million barrels in the preceding week. Markets to watch: Brent, WTI
Thursday
2.30am – China CPI (April): prices to rise 0.9% YoY and 0.1% MoM, from 0.7% and -0.3%. Markets to watch: CNH crosses
12pm – BoE rate decision: rates expected to rise to 4.5%, though signs of dissent could indicate a resistance to further rate increases. Markets to watch: GBP crosses
1.30pm – US initial jobless claims (w/e 6 May), PPI (April): prices expected to have fallen 0.1% MoM, claims to rise to 248K. Markets to watch: USD crosses
Friday
7am – UK GDP (Q1, preliminary): growth expected to have been 0.1% QoQ and -0.5% YoY. Markets to watch: GBP crosses
3pm – US Michigan consumer sentiment (May): expected to fall to 63. Markets to watch: USD 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 |
PayPal |
ASOS, TUI, Compass, Walt Disney |
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Trading update* |
Direct Line | JD Wetherspoon |
John Wood Group, ITV |
Dividends
FTSE 250: Sthree, Serco, Clarkson, Inchcape, AG Barr, Petershill Partners, TBC Bank Group, Tritax Big Box
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 8 May |
Tuesday 9 May |
Wednesday 10 May |
Thursday 11 May |
Friday 12 May |
Monday 15 May |
| FTSE 100 | 11.84 | |||||
| Australia 200 | 9.4 | 7.6 | 12.9 | |||
| Wall Street | 10.9 | 9.8 | 1.6 | |||
| US 500 | 0.29 | 0.11 | 0.88 | 0.93 | 0.61 | 0.22 |
| Nasdaq | 0.43 | 0.48 | 1.40 | 3.03 | 0.37 | 0.13 |
| Netherlands 25 | 0.72 | 0.29 | 0.2 | |||
| EU Stocks 50 | 4.3 | 2.5 | 6.9 | 2.2 | ||
| China H-Shares | 0.9 | |||||
| Singapore Blue Chip | 0.76 | |||||
| Hong Kong HS50 | 22.1 | 4.0 | ||||
| South Africa 40 | 24.4 | |||||
| Italy 40 | ||||||
| Japan 225 |
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