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Next Week At A Glance
BY GREG PEEL - 23/02/2018 | VIEW MORE ARTICLES FROM FNARENA NEWS

Next week brings the last three days of February and thus, unofficially, the last three day of the local reporting season. While the volume of reporting companies does ease next week don’t be fooled, there are still plenty of reports to come.

Next week also sees what has up to now been a steady trickle of ex-dividends turn into a flood. This will act as an apparent drag on the ASX200. See the FNArena Calendar for all ex-divs.

A busy week for US data next week sees releases including new and pending home sales, house prices, durable goods, trade, construction spending, vehicle sales, the Richmond Fed index and the all-important (now) personal income & spending numbers, which include the PCE – the Fed’s preferred measure of inflation.

The US December GDP result will also be revised once more.

The first of the month will bring the usual global round of manufacturing PMIs, with China jumping the gun on Wednesday and publishing its services PMI as well.

Australia will see the PMI, monthly private sector credit, and one of the most important economic indicators in the form of December quarter private sector capex and capex intentions.



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The content of this information does in no way reflect the opinions of FN Arena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FN Arena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface. This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FN Arena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.

 

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