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The Week Ahead On The Markets


KoketsoIG

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The Week Ahead

Read about upcoming market-moving events and plan your trading week

Week commencing 22 April

Chris Beauchamp's insight

This week is one of those busy weeks that occurs about three times a quarter, as a rush of key economic data and big-name earnings hit markets. Flash PMIs, the German IFO index and durable goods orders lead up to flash quarter 1 (Q1) Gross domestic product (GDP) for the US, the Bank of Japan (BoJ) rate decision and US PCE price data. Meanwhile, earnings come through from the US, Europe and the UK, including UK and eurozone banks, and of course more of the big tech stocks, as Tesla, Alphabet and Microsoft report figures for the most recent quarter.

Economic reports

  • Weekly View

Monday

1.30 pm – US Chicago Federal Reserve Bank (Fed) index (March): expected to rise to 0.09. Markets to watch: USD crosses


Tuesday

Tuesday 8.30 am – German PMI (April, flash): Manufacturing purchasing managers' index (PMI) forecast to rise to 42.3. Markets to watch: EUR crosses


9.30 am – UK PMI (April, flash): services PMI expected to rise to 53.4 and manufacturing to rise to 50.7. Markets to watch: GBP crosses


2.45 pm – US PMI (April, flash): manufacturing forecast to rise to 52 from 51.9, and services to rise to 51.8 from 51.7. Markets to watch: USD crosses


3 pm – US new home sales (March): forecast to rise 2.7% month-over-month (MoM). Markets to watch: USD crosses


Wednesday

Australia consumer price index (CPI) (Q1): prices are expected to rise 3.4% Year over Year (YoY) and 0.7% Quarter on Quarter (QoQ), from 4.1% and 0.6%. Markets to watch: AUD crosses


9 am – German IFO index (April): forecast to rise to 88.9 from 87.8. Markets to watch: EUR crosses


1.30 pm – US durable goods orders (March): forecast to fall 1.2% MoM. Markets to watch: USD crosses


3.30 pm – US EIA crude oil inventories (w/e 19 April): stockpiles rose by 2.7 million in the preceding week. Markets to watch: Brent, WTI


Thursday

1.30 pm – US GDP (Q1, advance reading), initial jobless claims (w/e 20 April): growth expected to be 2.8% in Q1, from 3.4%, claims to rise to 213K. Markets to watch: US indices, USD crosses


3 pm – US pending home sales (March): forecast to rise 0.9% MoM. Markets to watch: USD crosses


Friday

5 am – BoJ rate decision: rates expected to remain at 0%, after the previous hike out of negative territory. Markets to watch: Nikkei 225, USDJPY

1.30 pm – US PCE price index (March): forecast to rise 0.3% MoM and 2.6% YoY, from 0.3% and 2.5%. Markets to watch: USD crosses

 

Company announcements

 

 

Monday
22 April

Tuesday
23 April

Wednesday
24 April

Thursday
25 April

Friday
26 April

Full-year earnings

  Whitbread   Sainsbury's  

Half/ Quarterly earnings

Verizon Associated British Foods,
General Motors,
McDonald's,
Alphabet,
Tesla
Lloyds,
IBM,
AT&T,
Meta,
Boeing,
Ford
AstraZeneca,
Barclays,
Deutsche Bank,
BNP Paribas,
Intel Corp,
Caterpillar,
American Airlines,
Microsoft
NatWest,
Exxon,
Chevron,

Trading update*

    Reckitt Benckiser Unilever,
Persimmon,
WPP,
LSE,
Travis Perkins
Pearson

 

 
 

Dividends

FTSE 100: St James's Place, Rightmove, Legal & General, ConvaTec, Spirax-Sarco Engineering

FTSE 250: ME Group, Morgan Sindall, Derwent London, Shaftesbury, Murray Int’l, Greggs, Bakkavor, Tyman, Morgan Advanced Materials, Bodycote

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
22 April
Tuesday
23 April
Wednesday
24 April
Thursday
25 April
Friday
26 April
Monday
29 April
FTSE 100     4.40      
Australia 200            
Wall Street            
US 500 0.11 0.03 0.10 0.09 0.33 0.19
Nasdaq   0.30 0.68 0.22    
Netherlands 25   2.49   0.67 0.7  
EU Stocks 50 5.6 3.6   10.4 3.5 5.4
China H-Shares            
Singapore Blue Chip     1.39   0.28 0.06
Hong Kong HS50            
South Africa 40            
Italy 40            
Japan 225            

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