Weekly Reports | Mar 18 2016
This story features KMD BRANDS LIMITED, and other companies. For more info SHARE ANALYSIS: KMD
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
Tonight is the quarterly quadruple witching expiry in the US which, along with the quarterly rebalancing of the S&P500 index, can lead to heightened volatility that is removed from actual trend of the market.
That trend is up for now, following the boost a more prudent Fed has provided for commodity prices, along with resultant weakness in the US dollar. The Dow is at a 2016 high and S&P just shy. With the latest round of central bank policy adjustments now out of the way, attention will once again turn to earnings in a couple of weeks when the first US March quarter reports start to flow.
It’s a short week next week due to Easter, with the bulk of developed world markets closed on Good Friday.
US data releases across the week include existing and new homes sales, house prices, durable goods, and the Chicago Fed national and Richmond Fed activity indices.
There is little of note in the way of Australian economic data next week but the market will be keen to hear what RBA governor Glenn Stevens has to say in a speech on Tuesday, in light of recent central bank activity and the big rally in the Aussie.
Next week will also feature earnings reports from Kathmandu ((KMD)), TPG Telecom ((TPM)), Brickworks ((BKW)) and Nufarm ((NUF)). Westpac ((WBC)) will provide a strategy update on Thursday and there are still some stocks left to go ex-dividend next week.
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CHARTS
For more info SHARE ANALYSIS: BKW - BRICKWORKS LIMITED
For more info SHARE ANALYSIS: KMD - KMD BRANDS LIMITED
For more info SHARE ANALYSIS: NUF - NUFARM LIMITED
For more info SHARE ANALYSIS: WBC - WESTPAC BANKING CORPORATION