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The Week Ahead On The Markets


AshishIG

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The Week Ahead
Read about upcoming market-moving events and plan your trading week
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Week commencing 7th Aug.

Chris Beauchamp's insight

Things finally quieten down this week after the frenetic pace of the past two weeks. US consumer price index (CPI) will be the key event to watch, as price rises continue to moderate from the heady pace of earlier in the year. UK gross domestic product (GDP) for quarter 2 (Q2) will also provide some movement for sterling. On the earnings front, TUI AG (LSE), Persimmon PLC, Antofagasta PLC and Walt Disney Co (All Sessions) are major names to watch.
 

Economic reports

Weekly View

Monday

None

Tuesday

1.30am – Australia Westpac Confidence Index (August): index to fall to 80.7 from 81.3. Markets to watch: AUD crosses

4am – China trade balance (July): exports fell 12.4% in June. Markets to watch: CNH crosses

Wednesday

2.30am - China CPI (July): prices to fall 0.3% YoY. Markets to watch: CNH crosses

Thursday

1.30pm – US CPI (July), initial jobless claims (w/e 5 August): prices to rise 2.8% YoY from 3%, and 0.1% from 0.2% MoM, while core CPI is expected to rise 4.6% from 4.8% YoY and 0.2% MoM, in line with last month. Claims to rise to 229K. Markets to watch: US indices, USD crosses

Friday

7am – UK GDP (Q2, preliminary): growth to be -0.8% YoY and 0.1% QoQ. Markets to watch: FTSE 100/250, GBP crosses

1.30pm – US PPI (July): prices to rise 0.3% MoM from 0.1%. Markets to watch: USD crosses

3pm – US Michigan consumer sentiment (August): index to drop to 70.9 from 71.6. Markets to watch: USD crosses

 

Company announcements

 

 

Monday
7 August

Tuesday
8 August

Wednesday
9 August

Thursday
10 August

Friday
11 August

Full-year earnings

 

 

 

 

 

Half/ Quarterly earnings

Novavax Inc ,
News Corp,
Beyond Meat

Abrdn,
Glencore,
Lyft

Flutter,
TUI,
Continental,
Walt Disney Co

Persimmon,
Antofagasta,
Deliveroo,
Siemens,
Metro,
Allianz

 

Trading update*

 

 

Bellway

 

 

 

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