The Week Ahead On The Markets
Entry posted by MongiIG in Market News
485 views
The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 11 September
Chris Beauchamp's insight
US consumer price index (CPI) and the European Central Bank (ECB) rate decision are the key events this week, as markets look to recover from a poor start to September. A resurgence in price growth in the US could spark more worries about fresh Federal Reserve (Fed) rate hikes, while a hawkish ECB would spur concerns that the eurozone economy is tipping towards a recession. In a quiet week for earnings, housebuilder Redrow and retailer THG will be of interest in the UK.
Economic reports
- Weekly view
Monday
None
Tuesday
1.30am – Australia Westpac consumer confidence (September): index to fall to 80.8 from 81. Markets to watch: AUD crosses
7am – UK employment data: July unemployment rate expected to hold at 4.2% and wages to rise 8%. Markets to watch: FTSE 100/250, GBP crosses
10am – German ZEW index (September): index to rise to -12. Markets to watch: EUR crosses
Wednesday
7am – UK gross domestic product (GDP) (July): growth to be -0.3% month-over-month (MoM) and 0.2% for the three months to July. Markets to watch: GBP crosses
1.30pm – US CPI (August): CPI to rise 0.3% MoM from 0.2%, and 3.4% year-over-year (YoY) from 3.2%. Core CPI to rise 0.2%, in line with last month, and 4.5% YoY, down from 4.7%. Markets to watch: US indices, USD crosses
3.30pm – US EIA crude oil inventories (w/e 8 September): stockpiles fell by 6.3 million barrels in the preceding week. Markets to watch: Brent, WTI
Thursday
2.30am – Australia employment data: unemployment rate to fall to 3.6%. Markets to watch: AUD crosses
1.15pm – ECB rate decision: rates expected to be held at 4.25%. Markets to watch: eurozone indices, EUR crosses
1.30pm – US PPI (August), retail sales (August), initial jobless claims (w/e 9 September): PPI to rise to 0.4% from 0.3% MoM, and retail sales to rise 0.2% from 0.7%. Markets to watch: US indices, USD crosses
Friday
3am – China industrial production, retail sales (August): industrial production to rise 3.5% YoY, and retail sales to rise 2.2%. Markets to watch: China indices, CNH crosses
3pm – US Michigan consumer sentiment (September): expected to be 69.5, in line with last month. Markets to watch: USD crosses
Company announcements
Dividends
FTSE 100: Unite, Intertek, Melrose Industries
FTSE 250: Apax Global Alpha, LXI, Bakkavor, Int’l Public Partnerships, Energean
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.
1 Comment
Recommended Comments
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 accountSign in
Already have an account? Sign in here.
Sign In Now