Next Week At A Glance

This story features NEWCREST MINING LIMITED, and other companies. For more info SHARE ANALYSIS: NCM

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

Researchers, policymakers and business leaders are expected to gather Friday and Saturday at the Boston Fed for a conference on “Inequality of Economic Opportunity in the United States.” I wonder how many will arrive in their private jets. But the point is the keynote speaker is one Janet Yellen, and assuming there is a Q&A, this will be the first opportunity to gauge the Fed chair’s view since the proverbial hit the fan this past week or so.

The eurozone has a construction output number out tonight to add more fuel to the fire but next week the spotlight will swing towards China. Tuesday sees both the monthly dump of retail sales, industrial production and fixed asset investment data as well as the release of September quarter GDP. Thursday sees HSBC’s flash manufacturing PMI for China and the eurozone and US will release similar estimates.

US data has also reached a level of critical relevance and after housing starts and consumer sentiment tonight, next week brings new and existing home sales, the FHFA house price index, the CPI, Chicago Fed national activity index and Conference Board leading economic indicators.

The minutes of the last RBA meeting will be released next week and governor Glenn Stevens will speak on Thursday, in the wake of September quarter inflation data on Wednesday. NAB will also provide a September quarter summary of business confidence.

On the local stock front, the AGMs step up a gear and the resource sector production reports continue to roll in. In the latter, Newcrest Mining ((NCM)), Oil Search ((OSH)), BHP Billiton ((BHP)) and Atlas Iron ((AGO)) will be the highlights, while the Qantas ((QAN)) AGM will no doubt draw a lot of attention on Friday.
 

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