Weekly Reports | May 05 2017
This story features WESTPAC BANKING CORPORATION, and other companies.
For more info SHARE ANALYSIS: WBC
The company is included in ASX20, ASX50, 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 US jobs numbers are due tonight but with the Fed in hiking mode, they’re not as potent as they used to be.
Attention then swings to the French election and whether or not there’ll still be an EU on Monday. The polls say yes.
With that out of the way attention locally will swing to the federal budget on Tuesday night, analysis of which we likely won’t be getting from the Herald or Age. There potentially could be a lot therein which can impact on various sectors, but it still has to pass the Senate and that’s far from a given.
Australian data next week includes ANZ job ads and the NAB business and Westpac consumer confidence surveys, along with building approvals and retail sales.
Chinese trade numbers and inflation data are due next week.
The RBNZ and Bank of England will hold policy meetings.
US data releases include inflation, retail sales and consumer sentiment.
On the local stock front, the bank earnings season wraps up with Westpac’s ((WBC)) result on Monday and a quarterly update from Commonwealth Bank ((CBA)) on Tuesday.
Earnings reports are also due from Graincorp ((GNC)) and Xero ((XRO)), REA Group ((REA)) will provide a quarterly update and AMP ((AMP)) features among the list of AGMs next week.
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CHARTS
For more info SHARE ANALYSIS: AMP - AMP LIMITED
For more info SHARE ANALYSIS: CBA - COMMONWEALTH BANK OF AUSTRALIA
For more info SHARE ANALYSIS: GNC - GRAINCORP LIMITED
For more info SHARE ANALYSIS: REA - REA GROUP LIMITED
For more info SHARE ANALYSIS: WBC - WESTPAC BANKING CORPORATION
For more info SHARE ANALYSIS: XRO - XERO LIMITED

