The Week Ahead On The Markets
Entry posted by MongiIG in Market News
491 views
The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 4 March
Chris Beauchamp's insight
The European Central Bank (ECB) meeting and US non-farm payrolls are the major event of the week, with the ECB’s rate decision likely to set the tone for eurozone assets for the rest of the month. Insurers are the main UK corporate news this week, while US earnings season continues to wind down, though retailers Target, Costco and Gap report figures.
Economic reports
- Weekly view
Monday
None
Tuesday
1.45am – China Caixin services PMI (February): previous reading 52.7. Markets to watch: CNH crosses
3pm – US ISM services PMI (February): index expected to fall to 53.3. Markets to watch: USD crosses
Wednesday
12.30am – Australia GDP (Q4): QoQ rate expected to be 0.2%, YoY to slip to 1.5%. Markets to watch: AUD crosses
9.30am – UK construction PMI (February): previous reading 48.8. Markets to watch: GBP Crosses
12.30pm – UK Spring Budget. Markets to watch: GBP crosses
1.15pm – US ADP employment report (February): previous reading 107K. Markets to watch: USD crosses
2.45pm – Bank of Canada rate decision: rates expected to remain at 5%. Markets to watch: CAD crosses
3pm – Canada Ivey PMI (February): expected to fall to 56. Markets to watch: CAD crosses
3.30pm – US EIA crude oil inventories (w/e 1 March): stockpiles rose by 4.2 million barrels in the preceding week. Markets to watch: Brent, WTI
5pm – FOMC member Daly speaks. Markets to watch: USD crosses
Thursday
3am – China trade data (January & February): exports rose 2.3% in December. Markets to watch: CNH crosses
1.15pm – ECB rate decision: rates expected to remain at 4.5%. Markets to watch: EUR crosses
1.30pm – US initial jobless claims (w/e 2 March): claims to rise to 217K. Markets to watch: USD crosse
Friday
1.30pm – US non-farm payrolls (February): payrolls expected to slip to 188K from 353K. Unemployment rate to remain at 3.7%. Average hourly earnings forecast to rise 0.2% MoM. Markets to watch: US indices, USD crosses
Company announcements
|
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
|
Full-year earnings |
Clarkson |
Fresnillo, Travis Perkins, Reach, Greggs, Foxtons |
Legal & General, Rathbones, Tullow Oil |
Admiral, Aviva, Entain, Rentokil, ITV, PageGroup |
Just Group |
|
Half/ Quarterly earnings |
Ashtead, Ferguson, Target |
||||
|
Trading update* |
Assoc. British Foods | DS Smith |
Kier, Costco, Broadcom, Gap |
Dividends
FTSE 100: Rio Tinto, HSBC, Standard Chartered
FTSE 250: Safestore, Renishaw, PZ Cussons, 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.
Index adjustments
|
|
Monday 4 March |
Tuesday 5 March |
Wednesday 6 March |
Thursday 7 March |
Friday 8 March |
Monday 11 March |
| FTSE 100 | 29.33 | |||||
| Australia 200 | 4.8 | 3.9 | 30.9 | 0.4 | 3.4 | 0.3 |
| Wall Street | 14.7 | 6.6 | 12.3 | |||
| US 500 | 0.12 | 0.38 | 0.76 | 0.36 | 0.03 | 0.17 |
| Nasdaq | 0.13 | 1.99 | 0.35 | |||
| Netherlands 25 | ||||||
| EU Stocks 50 | ||||||
| China H-Shares | ||||||
| Singapore Blue Chip | ||||||
| Hong Kong HS50 | 3.8 | 56.5 | 3.8 | 2.2 | ||
| South Africa 40 | 50.2 | |||||
| Italy 40 | ||||||
| Japan 225 |
0 Comments
Recommended Comments
There are no comments to display.
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