Weekly Reports | Mar 24 2016
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
Markets in Australia, New Zealand, the UK and Europe are closed tomorrow and Monday. The US is closed tomorrow but open on Monday.
There’s not much in the way of economic data due across the globe next week with the exception of the US, which will dominate. Numbers for pending home sales, house prices, personal income & spending, trade, consumer confidence, construction spending, vehicle sales and the Chicago PMI are due across the week. Wednesday sees private sector jobs and on Friday, the all-important non-farm payrolls report for March.
The numbers to watch will be the PCE inflation indicator, which comes with the personal income & spending data, and wage growth, which comes with the jobs report. Given there’s a supposed rift going on at the Fed, and a growing cohort of voting members pushing for a rate rise in April, these two numbers will be critical in putting such a thought to bed.
Friday is the first of the month, which means manufacturing PMI results across the globe and both the manufacturing and services PMIs from China.
There’s not much happening on the local stock front next week, but for another handful of stocks going ex-dividend.
Have a Happy Easter.
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