Next Week At A Glance

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            [0] => ((JBH))
            [1] => ((CBA))
            [2] => ((CSL))
            [3] => ((SUN))
            [4] => ((TLS))
            [5] => ((ANZ))
        )

    [1] => Array
        (
            [0] => JBH
            [1] => CBA
            [2] => CSL
            [3] => SUN
            [4] => TLS
            [5] => ANZ
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This story features JB HI-FI LIMITED, and other companies.
For more info SHARE ANALYSIS: JBH
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

We are definitely now in correction mode but the question remains as to just how far any pullback can run. This will depend on the balance of pent up buying, indicated by historically high levels of cash being held in portfolios, and the implications of any further escalation in Eastern Europe, ie if Russia does actually invade Ukraine. What happens then is unclear.

Somewhere in between lies the US interest rate hike debate, but right now Europe is holding centre stage. Never mind that China reports trade and inflation data today and tomorrow.

Next week in the US will be light on economic data early on and will also see the quarterly earnings season winding down to a mere trickle of latecomers. Retail sales and business inventories will be the highlight midweek before Friday’s industrial production, consumer sentiment and PPI data and the Empire State manufacturing index.

Attention will be focused on Thursday’s release of eurozone June quarter GDP, as well as investor sentiment, inflation and industrial production data during the week.

Japan will release its June quarter GDP on Wednesday and China will provide a monthly dump of industrial production, retail sales and fixed asset investment data.

Economic highlights in Australia next week will be the NAB business and Westpac consumer confidence numbers and the June quarter wage price index.

The Australian result season steps up a gear next week with a plethora of reports, now too numerous to list. Highlights will include JB Hi-Fi ((JBH)), Commonwealth Bank ((CBA)), CSL ((CSL)), Suncorp ((SUN)) and Telstra ((TLS)) while ANZ Bank ((ANZ)) will provide a quarterly update.

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