Next Week At A Glance

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            [0] => ((BHP))
            [1] => ((CCL))
            [2] => ((MND))
            [3] => ((QBE))
            [4] => ((BLD))
            [5] => ((ILU))
            [6] => ((SUN))
            [7] => ((WPL))
            [8] => ((BXB))
            [9] => ((FMG))
        )

    [1] => Array
        (
            [0] => BHP
            [1] => CCL
            [2] => MND
            [3] => QBE
            [4] => BLD
            [5] => ILU
            [6] => SUN
            [7] => WPL
            [8] => BXB
            [9] => FMG
        )

)

This story features BHP GROUP LIMITED, and other companies.
For more info SHARE ANALYSIS: BHP
The company is included in ASX20, ASX50, 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

Earnings reports, and lots of them. BHP Billiton ((BHP)) is in there, as is Coke-Amatil ((CCL)), Monadelphous ((MND)), QBE ((QBE)), Boral ((BLD)), Iluka ((ILU)), Suncorp ((SUN)), Woodside ((WPL)), Brambles ((BXB)), Fortescue ((FMG)) and the list goes on and on. See the FNArena calendar (link above).

The running beat/miss ratio after two weeks, based on the forecasts of FNArena database brokers, is 16/9. See the FNArena Reporting Season Monitor.

With Wall Street now appearing to run scared of expected September Fed tapering, US economic data from here on becomes crucial. What is not as clear is to just how Wall Street might react. Have we now seen just the trickle before the no-more-QE flood, in which case good economic data will be badly received, or is this just a summer-affected backdown from all-time highs that has the real money waiting in the wings for the right buying opportunity, in which case good data is good?

Next week sees the Chicago Fed national activity index, new and existing home sales, house prices, the leading economic index and, significantly, the minutes of the last Fed meeting. Thursday is “flash” day, featuring August manufacturing PMI estimates for the US, Europe and China (HSBC).

The highlight of Australia’s economic week will be the minutes of the last RBA meeting. The August statement was very little changed from July, but then Stevens went and did a Bernanke and used a speech to provide more definitive, if only off the cuff, guidance. Economists will be looking for clues in the minutes that might back up what most now expect to be another rate cut very soon.

And there’s those earnings reports. So many earnings reports.
 

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