Next Week At A Glance – 22-26 Jan 2024

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            [1] => ((S32))
            [2] => ((CRN))
            [3] => ((FMG))
            [4] => ((PLS))
            [5] => ((MIN))
            [6] => ((RMD))
            [7] => ((ADH))
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            [0] => WHC
            [1] => S32
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            [3] => FMG
            [4] => PLS
            [5] => MIN
            [6] => RMD
            [7] => ADH
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This story features WHITEHAVEN COAL LIMITED, and other companies.
For more info SHARE ANALYSIS: WHC
The company is included in 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 Rudi Filapek-Vandyck

Corporate updates in Australia are receiving mixed responses, but today's update by coal producer Whitehaven Coal ((WHC)) triggered a positive response in a generally buoyant market on the final day of what has been a rather miserable week.

While the quarterly update contained a number of misses and beats, management at the coal producer has left FY24 production unchanged, while guiding towards higher costs and lower capex spending.

Winding back too aggressive Fed rate cut expectations remains the theme du jour and it remains anyone's guess whether today's counter-trend move in share prices will be extended throughout the week ahead.

Next week starts off with a national holiday in New Zealand on Monday followed by Australia Day on the Friday. In between, quarterly updates continue to populate the local calendar. South32 ((S32)), Coronado Global Resources ((CRN)), Fortescue Metals ((FMG)), Pilbara Minerals ((PLS)) and Mineral Resources ((MIN)) are among those releasing.

On Thursday US-listed ResMed ((RMD)) is ready to unofficially open the local results season. Corporate financial updates will turn into a trickle from the following week onwards. The seasonal tsunami is not expected until mid-February.

In terms of economic releases, NAB's business confidence survey is scheduled for Tuesday, Westpac follows up the next day with its consumer confidence survey while the world glances over January PMI updates. The US will indicate Q4 GDP growth and PCE inflation towards the end of the week.

The bank of Japan makes a decision on Tuesday when Japanese markets are closed. Our calendar also shows Adairs ((ADH)) is scheduled to update shareholders on Friday, Australia Day. That release probably won't happen (if it does, it's probably a reason to expect the worst).

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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