Weekly Reports | Aug 25 2023
This story features FORTESCUE LIMITED, and other companies.
For more info SHARE ANALYSIS: FMG
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
Wall Street remains nervous ahead of tonight’s speech from the Fed chair, largely because there’s little consensus on what he might say, from dovish, to nothing different, to hawkish.
Moving into next week, the focus will be on July PCE inflation and August jobs numbers.
The local result season will continue through to Thursday. While most of the big names have now reported, there are still a few to come next week, such as Fortescue Metals ((FMG)), Mineral Resources ((MIN)), Brambles ((BXB)) and Harvey Norman ((HVN)).
We also begin the countdown to Australia’s June quarter GDP release, with numbers due for construction work and private sector capex.
And we’ll see July retail sales and building approvals.
China releases August PMIs on Thursday and everyone follows with manufacturing PMIs on Friday.
With earnings season ramping down next week, ex-dividend season ramps up. Each day will thus begin with a handicap for the ASX200.
For a calendar of earnings result releases and a summary of earnings results to date, refer to FNArena's Corporate Results Monitor (https://www.fnarena.com/index.php/reporting_season/)
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CHARTS
For more info SHARE ANALYSIS: BXB - BRAMBLES LIMITED
For more info SHARE ANALYSIS: FMG - FORTESCUE LIMITED
For more info SHARE ANALYSIS: HVN - HARVEY NORMAN HOLDINGS LIMITED
For more info SHARE ANALYSIS: MIN - MINERAL RESOURCES LIMITED

