Weekly Reports | Jul 01 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
Nigel Farrage may have called for June 24 to become Britain’s “Independence Day” holiday but the real one is on Monday, the Fourth of July, providing for a long weekend in the US. No Wall Street.
Before that, today we see China back in the spotlight after a brief absence with its June manufacturing and service sector PMIs. We’ll also see manufacturing PMIs from across the globe.
And the Fed comes back into play next week with the June non-farm payrolls report on Friday. Ahead of that we will see the services PMI, factory orders, trade, chain store sales and the private sector jobs report. The minutes of the June Fed meeting, which cited Brexit risk as a reason not to raise, are out on Wednesday.
In Australia we’ll see building approvals, ANZ job ads, the MI inflation gauge, retail sales and the services and construction PMIs.
After a tumultuous week, things will probably settle down a bit next week under what at this stage appears likely to be a returned government. It’s a quiet week on the local stock front until quarterly report season begins from the following week.
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