Weekly Reports | Aug 30 2019
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
Farewell result season, hello dividend avalanche. For the month of September the ASX200 will begin every session with a varying degree of handicap.
The focus will now be firmly on the macro, if it wasn't already, with micro assessments out of the way. And there's much to look forward to.
Next week locally the focus will be on June quarter GDP, due on Wednesday after company profits and inventories and terms of trade numbers are released prior. The RBA meets on Tuesday.
Monthly data next week include ANZ job ads, retail sales and the August manufacturing and services PMIs, which will also be released by the rest of the world this week.
The US is closed on Monday for Labor Day, which signifies the end of summer and back to work and school from vacation. Observers are keen to see how the tanned and relaxed respond to recent market developments.
US data next week include the PMIs, trade, the Fed Beige Book, private sector jobs and non-farm payrolls.
Probably the most influential factor next week will be whether the US and Chinese trade delegations do actually meet or at least specifically set a date for meetings.
As of Sunday, tariffs of 15% will apply to around half of Trump's final US$300bn tranche, unless a subsequent tweet suggests otherwise.
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.
FNArena is proud about its track record and past achievements: Ten Years On