The Week Ahead On The Markets
Entry posted by KoketsoIG in Market News
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The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 6 May
Chris Beauchamp's insight
A quieter week lies ahead, with many of the biggest names of US earnings season now behind us. But UK oil giant BP will release its first quarter figures, while the Australian and UK central banks are both expected to leave rates unchanged at their meetings this week.
Economic reports
- Weekly View
Monday
None UK bank holidays – UK markets are closed.
Tuesday
5.30 am – RBA rate decision: rates expected to be left unchanged at 4.35%. Markets to watch: AUD crosses
9.30 am – UK construction PMI (April): expected to rise to 50.3. Markets to watch: GBP crosses
3 pm – Canada Ivey PMI (April): index forecast to fall to 56.8 from 57.5. Markets to watch: CAD crosses
Wednesday
3.30 pm – US EIA crude oil inventories (w/e 3 May): The preceding week saw stockpiles rise by 7.3 million barrels. Markets to watch: Brent, WTI
Thursday
4 am – China trade data (April): exports forecast to fall 2% YoY, up from a 7.5% drop in March. Markets to watch: CNH crosses
12 pm – Bank of England rate decision: rates expected to remain at 5.25%, with eight of nine MPC members expected to vote to hold rates unchanged, and one to vote to cut rates. Markets to watch: GBP crosses
1.30 pm – US initial jobless claims (w/e 4 May). Markets to watch: USD crosses
Friday
7 am – UK GDP (Q1, preliminary): growth expected to be 0.2% QoQ from -0.3% in Q4, and 0.5% YoY from -0.2% a year ago. Markets to watch: GBP crosses
1.30 pm – Canada employment data (April): unemployment rate to hold at 6.1%. Markets to watch: CAD crosses
3 pm – US Michigan consumer confidence (May, preliminary): index forecast to rise to 78 from 77.2. Markets to watch: USD crosses
Company announcements
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Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
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Full-year earnings |
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Half/ Quarterly earnings |
BP, Disney |
Ab-InBev, Airbnb |
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Trading update* |
Direct Line | JDWetherspoon |
ITV, Rathbones, John Wood Group |
IAG |
Dividends
FTSE 250: Sthree, Clarkson, Bellevue Healthcare, Ibstock, Lancashire Holding, Petershill Partners, AG Barr
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.
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Monday 6 May |
Tuesday 7 May |
Wednesday 8 May |
Thursday 9 May |
Friday 10 May |
Monday 13 May |
| FTSE 100 | 19.59 | |||||
| Australia 200 | 8.8 | 0.1 | 8.5 | 12.9 | ||
| Wall Street | 12.3 | 1.6 | ||||
| US 500 | 0.27 | 0.01 | 1.08 | 0.84 | 0.08 | 0.84 |
| Nasdaq | 1.56 | 1.69 | 2.48 | 1.11 | ||
| Netherlands 25 | 1.28 | 0.34 | ||||
| EU Stocks 50 | 13.8 | 0.5 | 6.1 | |||
| China H-Shares | 1.4 | |||||
| Singapore Blue Chip | 0.08 | 1.39 | 1.05 | |||
| Hong Kong HS50 | 1.7 | 54.6 | 2.6 | 4.7 | ||
| South Africa 40 | 54.0 | |||||
| Italy 40 | ||||||
| Japan 225 |
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