Next Week At A Glance

This story features SOUTH32 LIMITED, and other companies. For more info SHARE ANALYSIS: S32

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

It will be yet another highly anticipated US jobs report tonight. The number would need to be particularly soft for Wall Street to retreat from its general assumption of a December Fed rate hike. Expectations are it may be a solid result, nonetheless.

How will Wall Street respond? That is question no one can definitively answer.

China will be back on deck next week following the Golden Week break. We can expect some distorted data ahead for October. Next Friday sees September inflation numbers released but ahead of that, Caixin will release its take on the China service sector PMI tomorrow.

The Japanese market will be closed on Monday. Monday is Columbus Day in the US. Stock and commodity markets are open but bond markets and banks are closed.

The minutes of the September Fed meeting are due on Wednesday. Not quite as influential as non-farm payrolls but critical nonetheless will be Friday’s US retail sales numbers, along with inventories, consumer sentiment and the PPI.

Australia will see housing finance and the NAB business and Westpac consumer confidence surveys next week.

On the local stock front, the run of ex-divs is now all but over and now we head into both the resource sector quarterly production report season and the AGM season.

Among those reporting next week are South32 ((S32)) and Whitehaven Coal ((WHC)) and among those meeting are Telstra ((TLS)) and CSL ((CSL)).

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