Weekly Reports | Jul 03 2015
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
Yes or no? Presumably we’ll know sometime on Monday or Tuesday. Then what happens? No idea.
But life will go on.
For Australia, next week will be otherwise dominated by the RBA policy meeting on Tuesday and the roll-of-the-dice jobs numbers on Thursday. While it is not likely the RBA will cut its rate this month, it may provide hints as to whether it might be leaning in that direction following some disturbing trade numbers..
We’ll also see ANZ’s job ad series on Monday.
Central bank focus will also prevail in the US next week with the release of the minutes of the June Fed meeting. In this case, hints will be sought with regard the timing of the first Fed rate rise.
US data releases next week include the services PMI, trade balance, chain store sales and wholesale trade.
Germany will release industrial production data next week which will remind us that there actually is more going on in Europe than just the obvious. The Bank of England will hold a policy meeting but with UK data disappointing of late, there are no expectations of any policy changes.
China will release inflation data on Thursday.
In the local stock market, the end of next week ushers in the first of the June quarter resource sector production reports. The trickle will turn to a flood in ensuing weeks.
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