Next Week At A Glance

This story features KMD BRANDS LIMITED, and other companies. For more info SHARE ANALYSIS: KMD

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

We knew that the Fed was focused on US data previously in making its policy decisions but clearly the FOMC decided it was time to address the market’s obsession with words, eg “patient”, and timeframes and just let the numbers speak for themselves. Presumably we will now see Wall Street rise and fall on data releases, but perhaps not respond so dramatically to jobs numbers alone.

Next week’s US releases include the Chicago Fed index and Richmond Fed index, new and existing home sales, house prices, durable goods, the CPI, flash estimates of manufacturing and services PMIs, and consumer sentiment. The week will wrap up with the final revision of December quarter GDP, which is increasingly old news.

The eurozone and Japan will also be in on the flashing, while Germany’s IFO business sentiment survey will be closely watched and Japan will provide industrial production, retail sales, jobs and inflation data at week’s end.

The most anticipated flash will be that of HSBC’s China manufacturing PMI.

It’s a week largely devoid of data but the RBA’s Financial Stability Review may revisit the issues of bank capital and macro-prudential controls.

ASX quarterly stock options will expire on Thursday, there’ll be several more stocks going ex-dividend over the week and Kathmandu ((KMD)), TPG Telecom ((TPM)), Nufarm ((NUF)) and Bank of Queensland ((BOQ)) all provide earnings results.
 

Find out why FNArena subscribers like the service so much: “Your Feedback (Thank You)” – Warning this story contains unashamedly positive feedback on the service provided.

Click to view our Glossary of Financial Terms