Next Week At A Glance

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For a more comprehensive preview of next week's events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.

By Greg Peel

Tonight’s US non-farm payroll release will be last before the Fed meets mid-month. Recently the actual quantum of jobs added and the unemployment rate have taken a back seat in importance for Wall Street behind wages growth, which feeds into inflation.

Next week’s US data releases are thin on the ground.

China will be in the spotlight nonetheless, releasing February trade data on Tuesday and inflation data on Thursday.

The ECB will hold a policy meeting on Thursday. Since the ECB beefed up stimulus in December, eurozone data have been disappointing. Fading expectations of consistent US rate rises have also led to a weaker greenback, undermining sought after euro weakness. Mario Draghi has persistently pledged he will do “whatever it takes”.

Australia will see the TD Securities inflation gauge, ANZ job ads, and the NAB business and Westpac consumer confidence surveys next week.

With the local reporting season now behind us, everything grinds to a halt for the time being on the local stock front. But next week is the biggest in the calendar for the number of stocks going ex-dividend, including BHP Billiton ((BHP)). Not that BHP’s downgraded offering is anything to be excited about.
 

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