Weekly Reports | Aug 03 2018
This story features TRANSURBAN GROUP LIMITED, and other companies.
For more info SHARE ANALYSIS: TCL
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
As I write, the ASX200 appears to be recovering all of yesterday’s lost ground. But the day ain’t over yet. The local market is more skittish about a trade war than the US market, but each time Wall Street fails to buckle, we recover.
Australia is (so far) exempt from US tariffs but obviously the fear relates to China and what impact tariffs will have on its economy, particularly if another US$200bn at 25% does actually go ahead.
The deadline is September 5 but in the meantime, the bank Royal Commission is back in session, and it’s rarely cheerful.
Before this backdrop next week we see the local reporting season in full swing, following a trickle to date. Heavy hitters next week include Transurban ((TCL)), AMP ((AMP)), Commonwealth Bank ((CBA)) and Suncorp ((SUN)), but we’re now at the point at which there will simply be too many to highlight. Please refer to the FNArena Calendar (link above).
On the economic front, Australian data releases next week include ANZ job ads and housing finance. The RBA meets briefly on Tuesday and Philip Lowe speaks on Wednesday, ahead of the release of the RBA’s quarterly Statement on Monetary Policy on Friday.
The RBNZ meets on Thursday.
China will release trade and inflation data next week.
Inflation data will be the only highlight in the US.
Japan will report June quarter GDP on Friday.
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
CHARTS
For more info SHARE ANALYSIS: AMP - AMP LIMITED
For more info SHARE ANALYSIS: CBA - COMMONWEALTH BANK OF AUSTRALIA
For more info SHARE ANALYSIS: SUN - SUNCORP GROUP LIMITED
For more info SHARE ANALYSIS: TCL - TRANSURBAN GROUP LIMITED

