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Next Week At A Glance
BY GREG PEEL - 13/07/2018 | VIEW MORE ARTICLES FROM FNARENA NEWS

The US earnings season unofficially kicks off tonight when JP Morgan, Wells Fargo and Citigroup all report ahead of the opening bell. Wall Street is currently torn between looking ahead to great earnings results and worrying about trade, with earnings currently in front.

We’ll see if next week lives up to expectations.

Meanwhile, amidst the machinations of US-China trade relations, China today releases June trade numbers and next week June quarter GDP, along with monthly industrial production, retail sales and fixed asset investment numbers.

US data next week include retail sales, industrial production, housing starts and the Fed Beige Book.

Australia also sees retail sales, along with the June jobs numbers and the minutes of the June RBA meeting.

On the local stock front, resource sector quarterly reporting season ramps up next week, with production and sales numbers due from Oil Search ((OSH)), Rio Tinto ((RIO)), Whitehaven Coal ((WHC)), BHP ((BHP)), Evolution Mining ((EVN)), South32 ((S32)), Santos ((STO)) and Woodside Petroleum ((WPL)).

An early earnings result from Cimic ((CIM)) reminds us that the local earnings season will also soon be upon us.



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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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