The Week Ahead On The Markets
The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 8 April
Chris Beauchamp's insight
This week marks the beginning of earnings season in the US, with the banks and Delta Airlines kicking off the frenzy of corporate reporting for the first quarter of 2024. Tesco's full-year results dominate the UK corporate landscape in an otherwise quiet week for company announcements on this side of the Atlantic. Meanwhile, US monthly customer price index (CPI) figures will be closely watched, as will the European Central Bank (ECB) decision on Thursday.
Economic reports
- Weekly View
Monday
None
Tuesday
1.30 am – Australia Westpac consumer confidence (April): index to rise to 84.8. Markets to watch: AUD crosses
6 am – Japan consumer confidence (March): index forecast to rise to 40 from 39.1. Markets to watch: JPY crosses
Wednesday
1.30 pm – US CPI (March): price growth is expected to be 3.4% YoY and 0.3% MoM, from 3.2% and 0.4% respectively. Core CPI growth to be 0.3% MoM from 0.4%, and 3.7% YoY from 3.8%. Markets to watch: US indices, USD crosses
2.45 pm – Bank of Canada rate decision: rates expected to be held at 5%. Markets to watch: CAD crosses
3.30 pm – US EIA crude oil inventories (w/e 5 April): stockpiles rose by 3.2 million barrels in the preceding week. Markets to watch: Brent, WTI
7 pm – FOMC minutes: these will look at the latest Fed decision, at which the committee continued to expect three rate cuts in 2024. Markets to watch: USD crosses
Thursday
2.30 am – China CPI (March): prices to rise 1.2% YoY and 0.5% MoM, from 0.7% and 1% respectively. Markets to watch: CNH crosses
1.15 pm – ECB rate decision: rates expected to be held at 4.5% once more. Markets to watch: eurozone indices, EUR crosses
1.30 pm – US initial jobless claims (w/e 6 April), PPI (March): claims to fall to 218K from 221K. PPI to rise 0.4% MoM, down from 0.6%. Markets to watch: US indices, USD crosses
Friday
4 am – China trade data (March): exports to grow 6% in March and imports to rise 2%. Markets to watch: CNH crosses
7 am – UK GDP (February): monthly rate to slow to 0.3% and three-month average to rebound to 0.1% from -0.1%. Markets to watch: GBP crosses
3 pm – US Michigan consumer confidence survey (April, preliminary): index forecast to rise to 79.5 from 79.4. Markets to watch: USD crosses
Company announcements
,
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Full-year earnings |
Tesco | ||||
Half/ Quarterly earnings |
Delta, LVMH |
JP Morgan, Citigroup, Wells Fargo |
|||
Trading update* |
Imperial Brands |
Dividends
FTSE 100: Barratt Developments, Smurfit Kappa,Lloyds, Reckitt Benckiser, Howden Joinery, Aviva, F&C Inv.. Trust, Phoenix
FTSE 250: Man, Hunting, ITV, Harbour Energy, Grafton Group, Just Group, TP ICAP, Savills, Softcat, Int'l Public P'Ships, Supermarket Income REIT
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 8 April |
Tuesday 9 April |
Wednesday 10 April |
Thursday 11 April |
Friday 12 April |
Monday 15 April |
FTSE 100 | 12.88 | |||||
Australia 200 | 0.1 | 0.1 | 0.3 | |||
Wall Street | 4.4 | |||||
US 500 | 0.75 | 0.10 | 0.13 | 0.57 | 0.07 | |
Nasdaq | 0.33 | 0.07 | ||||
Netherlands 25 | 0.58 | |||||
EU Stocks 50 | 3.8 | 0.8 | 2.3 | |||
China H-Shares | ||||||
Singapore Blue Chip | ||||||
Hong Kong HS50 | ||||||
South Africa 40 | 244.7 | |||||
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