Next Week At A Glance

This story features WESTPAC BANKING CORPORATION, and other companies. For more info SHARE ANALYSIS: WBC

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

US jobs numbers tonight. While one can usually toss a coin on whether monthly results are going to be good or bad, another coin can then be tossed on which way Wall Street will react to the result. The market seems to think tonight’s jobs number will either mean a September rate rise or not, but would the Fed really be as flippant as to leave that decision all down to one number, with two weeks to go?

The US will thereafter enjoy the Labor Day long weekend which signals the end of summer holiday period. Look for volatility in a thin market tonight, and more considered approach on Tuesday night.

Next week the US will see consumer credit, trade and consumer sentiment numbers and the PPI.

China will release trade numbers on Tuesday and inflation numbers on Wednesday. Be very afraid.

Next week in Australia brings ANZ job ads, NAB business confidence and Westpac consumer confidence ahead of our own jobs numbers on Thursday. A good unemployment result will be all down to Joe Hockey’s exceptional economic management skills, and a bad number will be Labor’s fault.

Westpac ((WBC)) and Boral ((BLD)) will both hold investor/strategy days next week while Sigma Pharmaceuticals ((SIP)) will release its interim earnings report.

Quite a number of stocks will go ex-div next week.
 

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