The Week Ahead On The Markets
Entry posted by KoketsoIG in Market News
774 views
The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 27 May
Chris Beauchamp's insight
US GDP and the German IFO index and consumer price index (CPI) data are the main economic events this week, along with the US PCE price index on Friday. Corporate news is lighter, with the main names from the US earnings season now firmly behind us.
Economic reports
- Weekly View
Monday
UK Bank Holiday – UK markets closed
9 am – German IFO index (May): index forecast to rise to 90.5 from 89.4. Markets to watch: EUR crosses
Tuesday
3 pm – US Conference Board consumer confidence (May): index to fall to 92 from 97. Markets to watch: USD crosses
Wednesday
6 am – Japan consumer confidence (May): expected at 38.0 versus 38.3 previously. Markets to watch: JPY crosses
7 am – German GfK consumer confidence (June): index forecast to rise to -23 from -24.2. Markets to watch: EUR crosses
1 pm – German CPI (May, preliminary): index expected to rise to 2.5% YoY and by 0.2% MoM versus 2.2% YoY and 0.5% MoM. Markets to watch: EUR crosses
Thursday
1.30 pm – US GDP (Q1, 2nd estimate), initial jobless claims (w/e 25 May): GDP to slow to 1.6% from 3.4%, and claims expected to rise from 215k to 218k Markets to watch: USD crosses
3 pm – US pending home sales (April): sales forecast to fall 2% MoM versus a rise of 3.4%. Markets to watch: USD crosses
4 pm – US EIA crude oil inventories (w/e 24 May): stockpiles rose by 1.825 million barrels in the preceding week. Markets to watch: Brent, WTI
Friday
12.30 am – Japan unemployment rate (April): forecast at 2.5% versus 2.6% in March. Markets to watch: JPY crosses
2.30 am – China PMI (May): manufacturing PMI is expected to drop to 50.2 from 50.4, and non-manufacturing to fall to 50.9 from 51.2. Markets to watch: China indices, CNH crosses
10 am – eurozone inflation (May, flash): prices forecast to rise 2.5% from 2.4% YoY, and 0.1% from 0.6% MoM. Core inflation is expected to rise 2.5% from 2.7% YoY. Markets to watch: eurozone indices, EUR crosses
1.30 pm – US PCE price index (April): PCE price index forecast to rise 2.6% from 2.7% YoY and 0.2% from 0.3% MoM. Markets to watch: USD crosses
2.45 pm – US Chicago PMI (May): forecast to rise to 39 from 37.9. Markets to watch: USD crosses
Company announcements
|
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
|
Full-year earnings |
Pets at Home, JD Sports |
Dr Martens | |||
|
Half/ Quarterly earnings |
Hewlett Packard Enterprise |
HP, Salesforce |
Costco, Dollar General, Best Buy, Gap |
||
|
Trading update* |
WHSmith |
Dividends
FTSE 100: Centrica, Intertek, Coca-Cola HBC, Assoc. British Foods, Sage, Marks & Spencer, Severn Trent
FTSE 250: Keller, Hill & Smith, Centamin, Hilton Food, JTC, Alliance Trust, Victrex, Britvic, SSP, Law Debenture Corp
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 27 May |
Tuesday 28 May |
Wednesday 29 May |
Thursday 30 May |
Friday 31 May |
Monday 3 May |
| FTSE 100 | ||||||
| Australia 200 | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | |
| Wall Street | 32.8 | 4.6 | 13.4 | |||
| US 500 | 0.07 | 0.54 | 0.49 | 0.63 | 0.29 | |
| Nasdaq | 0.21 | 1.25 | 1.33 | 1.49 | ||
| Netherlands 25 | ||||||
| EU Stocks 50 | 4.0 | 2.7 | ||||
| China H-Shares | 6.3 | 1.1 | 0.6 | |||
| Singapore Blue Chip | 0.12 | |||||
| Hong Kong HS50 | 12.4 | 21.3 | 0.2 | 4.0 | 2.4 | |
| South Africa 40 | ||||||
| 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