Next Week At A Glance

Array
(
    [0] => Array
        (
            [0] => ((VCX))
        )

    [1] => Array
        (
            [0] => VCX
        )

)

This story features VICINITY CENTRES.
For more info SHARE ANALYSIS: VCX
The company is included in ASX100, ASX200, ASX300 and ALL-ORDS

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 RBA board will meet on Tuesday. Prior broker forecasts of further rate cuts down to 1.00% have now come under question following the strong GDP result. This would likely kill off any idea of a follow-up June cut, but then (a) economists were not expecting one until August anyway, following the June quarter CPI numbers and (b), the GDP might be strong but inflation is not.

It will therefore be interesting to hear what Glenn Stevens has to say.

Local data next week includes job ads and housing finance.

China will be back in the frame next week, releasing May trade numbers on Wednesday, ahead of the monthly data dump on the weekend.

The jobs number is out in the US tonight and there’s a bit of a data hiatus ahead of the Fed meeting in two weeks. So once we get past the ramifications of the jobs report, if any, we’ll likely enter a quiet period ahead of the Fed and the later Brexit vote.

Next week leads into a long weekend in Australia, just to provide more reason not to do much.

We are also now in a very quiet period for scheduled local corporate events and releases, notwithstanding any unscheduled “confession session” guidance announcements. Vicinity Centres ((VCX)) provides about the only highlight next week with its investor day.

Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided.

Click to view our Glossary of Financial Terms