Weekly Reports | Feb 03 2017
This story features RIO TINTO LIMITED, and other companies. For more info SHARE ANALYSIS: RIO
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
As the US earnings season enters its long tail next week, the local earnings season begins to ramp up. From a dribble of reports this week we move to a busier week next week, before the avalanche hits in the following two weeks.
Rio Tinto ((RIO)) is the biggie among the reporters next week while National Bank ((NAB)) will provide a quarterly update and Macquarie Group ((MQG)) an operational briefing.
All known reporting dates can be found in the FNArena Calendar (link above).
The Chinese are back on board next week and Caixin will release its take on China’s service sector PMI. China’s January trade numbers are due on Friday. New Zealand has a long weekend ahead of the RBNZ policy meeting on Thursday.
The RBA will meet on Tuesday for the first time this year, make note of the record December trade surplus, call the strong Aussie a “complication”, and leave rates on hold. The RBA’s quarterly Statement on Monetary Policy will be released on Friday.
Next week also sees retail sales, the ANZ job ads series and housing finance numbers.
While it will no doubt be another wild week politically in the US next week, economic data-wise it is quiet with trade and consumer sentiment numbers the only highlights. Maybe tonight’s jobs number might spark a reaction, but maybe not.
Trump’s Twitter thumb has sucked the oxygen out of everything.
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CHARTS
For more info SHARE ANALYSIS: MQG - MACQUARIE GROUP LIMITED
For more info SHARE ANALYSIS: NAB - NATIONAL AUSTRALIA BANK LIMITED
For more info SHARE ANALYSIS: RIO - RIO TINTO LIMITED