Next Week At A Glance

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            [0] => ((ORI))
            [1] => ((DLX))
            [2] => ((JHX))
            [3] => ((AST))
            [4] => ((IVC))
            [5] => ((OSH))
        )

    [1] => Array
        (
            [0] => ORI
            [1] => DLX
            [2] => JHX
            [3] => AST
            [4] => IVC
            [5] => OSH
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This story features ORICA LIMITED, and other companies.
For more info SHARE ANALYSIS: ORI
The company is included in ASX100, ASX200, ASX300 and ALL-ORDS

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

Wall Street was giving the impression this week it was really trying to go down, but couldn’t. The Nasdaq has continued to graft to new highs on the tech story but the S&P500 is finding a wall at 2400 and the Dow has been impacted by individual earnings reports.

The problem is, it can’t really go up either. Not, it would appear, until there’s some more concrete news on tax reform, and/or infrastructure spending, bank regulation roll-back and so forth. The buyers are assuming this news will come, eventually. In the meantime, Wall Street continues to track sideways while looking vulnerable, and everyone is worried with a VIX in single digits.

Australia has its own issues to deal with while Wall Street provides no lead. Next week sees housing finance data released, which plays into one of the major issues facing the market at present. The minutes of the RBA meeting are also due, and the unemployment lottery will be held. More importantly for the RBA, next week brings the March quarter wage price index.

China will release April industrial production, retail sales and fixed asset investment numbers on Monday.

The US will see housing sentiment and starts, industrial production and the Empire State and Philly Fed indices.

On the local stock front, earnings reports are due from Orica ((ORI)), Dulux ((DLX)), James Hardie ((JHX)) and AusNet ((AST)). InvoCare ((IVC)) and Oil Search ((OSH)) will hold AGMs.

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