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Next Week At A Glance

Weekly Reports | Dec 09 2016

This story features ANZ GROUP HOLDINGS LIMITED, and other companies. For more info SHARE ANALYSIS: ANZ

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 is quite possible next week’s Fed meeting proves the biggest non-event of a very eventful year. The world has fully priced in a rate hike, so not a lot will happen if the Fed delivers. Of interest will nevertheless be the FOMC’s projections beyond 2017, and Janet Yellen’s first press conference since the election. What will the Trump factor imply for policy ahead?

There’s also quite a bit of US data due next week. Now that a rate hike is assumed, data can be actually assessed on their worth rather than on how the central bank might respond. Next week sees industrial production, inventories, retail sales, inflation, housing sentiment and starts, and the Empire State and Philly Fed activity indices.

Next Friday is a quadruple witching derivatives expiry.

China will release industrial production, retail sales and fixed asset investment numbers.

The Bank of England will hold a policy meeting next week.

In Australia the focus will be on the monthly jobs lottery, along with the NAB business and Westpac consumer confidence surveys.

Australia will also see a “witching” next Thursday as index derivatives expire.

There’s also a late run of AGMs later in the week, most notably those of ANZ Bank ((ANZ)) and National Bank ((NAB)).
 

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