Weekly Reports | Apr 26 2019
This story features ANZ GROUP HOLDINGS LIMITED, and other companies.
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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
This punctuated week gave us a 120 plus point rally for the ASX200, ahead of what happens today, with volatility exacerbated by low participation. Life should be back to normal next week following the Easter/Anzac and school holiday disruptions.
This week saw little in the way of corporate reports but that all changes next week as the flood gates open. We had one clanger of an economic data release this week and next week sees a lot more data globally.
In the US, tonight’s GDP result will be critical ahead of releases next week for PCE inflation, consumer confidence, pending home sales and factory orders. The private sector jobs result for April is due on the Wednesday and non-farm payrolls on Friday.
Wednesday is the first of the month, meaning China will release manufacturing and services PMIs on the Tuesday and everyone else manufacturing PMIs on the Wednesday, except in Europe, which has a May Day holiday. Services PMIs then follow on Friday.
The eurozone first estimate of March quarter GDP is out on Tuesday.
The Fed meets next week, with a policy statement due on Wednesday, and the Bank of England meets on Thursday.
China is also closed for May Day and on the Thursday as well.
Locally we’ll see numbers for private sector credit, house prices, building approvals and the PMIs.
Next week brings a flood of resource sector quarterly production reports, and with them a smattering of quarterly updates from other sectors, including sales reports from the supermarkets. There’ll also be a handful of AGMs.
And bank earnings season begins with results from ANZ Bank ((ANZ)), National Bank ((NAB)) and Macquarie Group ((MQG)).
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CHARTS
For more info SHARE ANALYSIS: ANZ - ANZ GROUP HOLDINGS LIMITED
For more info SHARE ANALYSIS: MQG - MACQUARIE GROUP LIMITED
For more info SHARE ANALYSIS: NAB - NATIONAL AUSTRALIA BANK LIMITED

