Next Week At A Glance

This story features TECHNOLOGY ONE LIMITED, and other companies. For more info SHARE ANALYSIS: TNE

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

The Fed would have us believe a June rate cut is likely unless the data in the interim suggest otherwise. Many believe the Fed will wait to July, post the Brexit vote, and others believe the Fed is simply trying to ensure the market does not become complacent in believing there will not be a rate hike at all this year.

Whatever the case, the supposedly “data dependent” Fed can chew on next week’s US releases, which include new and pending home sales, house prices, trade, durable goods, the Richmond Fed index, flash PMI estimates and consumer sentiment. On Friday, a revision of the March quarter GDP result will be released.

Speculation the RBA is set to go the other way again soon will ensure plenty of attention when Glenn Stevens speaks on Tuesday. Next week’s Australian data releases include quarterly numbers for construction and capex, ahead of the following week’s GDP result.

On the local stock front, next week will see earnings results from Technology One ((TNE)), Programmed Maintenance ((PRG)) and Fisher & Paykel Healthcare ((FPH)) while Boral ((BLD)), Suncorp ((SUN)) and WorleyParsons ((WOR)) will all hold investor days.

There will also be another handful of AGMs.
 

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