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 30 October
Chris Beauchamp's insight
Earnings season, heightened tensions in the Middle East and a plethora of central bank decisions by the likes of the Bank of Japan (BoJ), Federal Reserve bank (Fed) and Bank of England (BoE) will dominate the calendar this week ahead of Friday’s all-important US Non-Farm Payrolls. Eurozone and German preliminary quarter 3 (Q3) gross domestic product (GDP) and consumer price index (CPI) might also keep volatility at its recent elevated levels.
Economic reports
- Weekly view
Monday
1pm – German inflation (October (preliminary): prices expected to rise 4% Year-over-year (YoY). Markets to watch: EUR crosses
Tuesday
1.30am – China PMI (October): previous readings were 50.2 for manufacturing and 51.7 for non-manufacturing. Markets to watch: CNH crosses
3am – BoJ rate decision: rates expected to remain at -0.1%. Markets to watch: JPY crosses
8am – German GDP (Q3, flash): growth forecast to be -0.1% Quarter on quarter (QoQ) and -0.3% YoY. Markets to watch: eurozone indices, EUR crosses
10am – eurozone GDP (Q3, flash): QoQ growth forecast to be 0.4% and YoY to be -0.3%. Markets to watch: EUR crosses
2pm – US consumer confidence (October): index forecast to fall to 100. Markets to watch: USD crosses
Wednesday
1.45am – China Caixin manufacturing PMI (October): previous reading 50.6. Markets to watch: CNH crosses
12.15pm – US ADP employment report (October): previous reading 89K. Markets to watch: USD crosses
2pm – US ISM manufacturing PMI (October): forecast to remain at 49. Markets to watch: USD crosses
2.30pm – US EIA crude oil inventories (w/e 27 October): stockpiles rose by 1.37 million barrels in the previous week. Markets to watch: Brent, WTI
6pm – US Fed rate decision: rates expected to remain at 5.5%. Press conference at 6.30pm. Markets to watch: US indices, USD crosses
Thursday
12pm – Bank of England rate decision: no change in rates from current 5.25% expected. Markets to watch: GBP crosses
12.30pm – US initial jobless claims (w/e 28 October): jobless claims rose by 10,000 to 210,000 in the previous week. Markets to watch: USD crosses
Friday
1.45am – China Caixin services PMI (October): previous reading 50.2. Markets to watch: CNH crosses
12.30pm – US non-farm payrolls (October): 172K jobs expected to have been created, down from 336K in September. Unemployment rate to remain at 3.8%. Average hourly earnings to rise 0.3% Month-on-Month (MoM). Markets to watch: US indices, USD crosses
12.30pm – Canada employment data (October): unemployment rate to hold at 5.5%. Markets to watch: CAD crosses
2pm – US ISM services PMI (October): index to fall to 52.1. Markets to watch: US indices, USD crosses
Company announcements
Dividends
FTSE 100: Whitbread
FTSE 250: ME Group, Ashmore, Hilton Food, Renishaw, PZ Cussons, 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
|
|
Monday 30 October |
Tuesday 31 October |
Wednesday 1 November |
Thursday 2 November |
Friday 3 November |
Monday 6 November |
| FTSE 100 | 0.27 | |||||
| Australia 200 | 0.1 | 0.2 | ||||
| Wall Street | 0.8 | |||||
| US 500 | 0.28 | 0.02 | 0.28 | 0.20 | 0.13 | 0.09 |
| Nasdaq | 0.17 | 0.58 | 0.26 | 0.80 | ||
| Netherlands 25 | 0.27 | |||||
| EU Stocks 50 | 2.8 | 0.8 | ||||
| China H-Shares | 0.5 | |||||
| Singapore Blue Chip | 0.08 | 0.07 | 0.05 | |||
| Hong Kong HS50 | 0.8 | 8.7 | ||||
| South Africa 40 | ||||||
| Italy 40 | ||||||
| Japan 225 |
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