A look ahead to the major events, economic releases and company news expected next week.
CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.
The Week Ahead
-
See a full calendar of key economic reports and company announcements
-
Watch expert commentary and insight from our analysts
-
Discover upcoming trading opportunities and markets to watch
Week commencing 14 January
Chris Beauchamp, market analyst
It is a busy week, as US earnings season kicks off with the usual round of updates from the big US banks. This comes in addition to the ongoing barrage of trading statements from UK firms regarding their Christmas trading.
Meanwhile, economic data sees important events like Chinese exports and UK consumer price index (CPI), but the key event will be the vote on the Withdrawal Agreement in parliament.
Economic reports
Week commencing 14 January
Monday
3am – China exports (December): forecast to rise 2.1% YoY. Markets to watch: China indices, CNH crosses
1.30pm – US trade balance (November): deficit to narrow to $54 billion. Market to watch: USD crosses
3pm – US new home sales (November): forecast to rise 2.9% MoM from an 8.9% fall a month earlier. Markets to watch: US indices, USD crosses
Tuesday
1.30pm – US NY Empire State mfg index (January): previous reading 10.9. Market to watch: USD crosses
Evening – UK Parliament to vote on Brexit deal: the House of Commons will vote on the PM’s Withdrawal Deal. It is still unclear whether it will pass, and the future is uncertain if it does fail. Market to watch: GBP crosses
Wednesday
7am – Germany inflation (December, final): forecast to rise 1.7% YoY from 2.3%. Market to watch: EUR crosses
9.30am – UK CPI (December): prices expected to rise 2.2% YoY, from 2.3%, and 0.3% MoM from 0.2%. Core CPI to rise 2.2% YoY from 1.8%. Market to watch: GBP crosses
1.30pm – US retail sales (December): sales to rise 0.5% MoM from 0.2%. Market to watch: US indices, USD crosses
3.30pm – US EIA crude inventories (w/e 11 January): stockpiles fell by 1.7 million barrels last week. Markets to watch: Brent, WTI
Thursday
10am – eurozone CPI (December): expected to rise 1.6% YoY and 0.4% MoM. Market to watch: EUR crosses
1.30pm – US housing starts & building permits (December):
11.30pm – Japan CPI (December): prices to rise 1.3% YoY from 0.8%. Market to watch: JPY crosses
Friday
9.30am – UK retail sales (December): forecast to rise 2.2% YoY from 3.6%. Market to watch: GBP crosses
1.30pm – Canada CPI (December): forecast to rise 2.3% YoY from 1.7%. Market to watch: CAD crosses
3pm – Michigan consumer confidence (December, preliminary): confidence to fall to 96.7 from 98.3. Market to watch: USD crosses
Weekly view
Monday
3am – China exports (December): forecast to rise 2.1% YoY. Markets to watch: China indices, CNH crosses
1.30pm – US trade balance (November): deficit to narrow to $54 billion. Market to watch: USD crosses
3pm – US new home sales (November): forecast to rise 2.9% MoM from an 8.9% fall a month earlier. Markets to watch: US indices, USD crosses
Tuesday
1.30pm – US NY Empire State mfg index (January): previous reading 10.9. Market to watch: USD crosses
Evening – UK Parliament to vote on Brexit deal: the House of Commons will vote on the PM’s Withdrawal Deal. It is still unclear whether it will pass, and the future is uncertain if it does fail. Market to watch: GBP crosses
Wednesday
7am – Germany inflation (December, final): forecast to rise 1.7% YoY from 2.3%. Market to watch: EUR crosses
9.30am – UK CPI (December): prices expected to rise 2.2% YoY, from 2.3%, and 0.3% MoM from 0.2%. Core CPI to rise 2.2% YoY from 1.8%. Market to watch: GBP crosses
1.30pm – US retail sales (December): sales to rise 0.5% MoM from 0.2%. Market to watch: US indices, USD crosses
3.30pm – US EIA crude inventories (w/e 11 January): stockpiles fell by 1.7 million barrels last week. Markets to watch: Brent, WTI
Thursday
10am – eurozone CPI (December): expected to rise 1.6% YoY and 0.4% MoM. Market to watch: EUR crosses
1.30pm – US housing starts & building permits (December):
11.30pm – Japan CPI (December): prices to rise 1.3% YoY from 0.8%. Market to watch: JPY crosses
Friday
9.30am – UK retail sales (December): forecast to rise 2.2% YoY from 3.6%. Market to watch: GBP crosses
1.30pm – Canada CPI (December): forecast to rise 2.3% YoY from 1.7%. Market to watch: CAD crosses
3pm – Michigan consumer confidence (December, preliminary): confidence to fall to 96.7 from 98.3. Market to watch: USD crosses
Company announcements
| Monday 14 | Tuesday 15 | Wednesday 16 | Thursday 17 | Friday 18 | |
|---|---|---|---|---|---|
Full-year earnings |
|
|
|
|
|
Half/Quarterly earnings |
|||||
Trading update |
Hays, |
Upcoming dividends (17 January)
FTSE 100: Intercontinental Hotels (14 Jan), SSE, Compass, Ashtead
FTSE 250: CYBG, Shaftesbury
Dividends are applied after the close of the previous day’s session for each market. So, for example, the FTSE 100 goes ex-dividend on a Thursday, but the adjustment is applied at the close of the previous day e.g. Wednesday. The table below shows the days in which the adjustment is applied, not the ex-dividend days.
Index dividend adjustments
| Monday 14 January | Tuesday 15 January | Wednesday 16 January | Thursday 17 January | Friday 18 January | Monday 21 January | |
|---|---|---|---|---|---|---|
| FTSE 100 |
|
|
2.91 |
|||
| Australia 200 |
|
|||||
| Wall Street |
|
4.9 | 5.8 | |||
| US 500 | 0.06 | 0.07 | 0.26 | 0.07 | 0.10 | |
| Nasdaq | ||||||
| France 40 | 1.2 | |||||
| Netherlands 25 | ||||||
| EU Stocks 50 | 0.7 | 1.5 | ||||
| China H-Shares | ||||||
| Singapore Blue Chip | ||||||
| Hong Kong HS50 | ||||||
| South Africa 40 | ||||||
| Italy 40 | 83.8 | |||||
| Japan 225 |
|
-
Tesla stock falls after cutting 7% of its workforce
Tesla stock is down after announcing elimination of workers in the near future.2019-01-18T15:45:34+0000 -
Afterpay shares soar after posting $2.2 billion in sales
Australian buy-now-pay-later company, Afterpay has reported underlying sales of $2.2 billion in F...2019-01-18T05:08:27+0000 -
Netflix disappoints on EPS downgrade
Netflix has broadly missed estimates, resulting in a fall in the company’s share price in extende...2019-01-17T23:31:56+0000 -
Japan retailer Nojima’s offer to buy over Courts Asia sends the furniture seller’s shares leaping
Courts Asia's stock soared to more than 31.6% to S$0.200 by 4.30pm, Singapore time. Its counter h...2019-01-18T10:05:31+0000 -
Preview: US earnings season
The upcoming US reporting season shapes-up as the most significant markets have seen in several q...2019-01-17T13:40:16+0000
This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.
Help and support
Get answers about your account or our services.
Or contact us on +971 (0) 4 559 2100 or helpdesk.ae@ig.com.
Our office is open 5 days a week, Sunday to Thursday from 8am to 7pm (Dubai time). Support line is available 24hrs a day, 7 days a week, except for Saturday from 1am to 11am (Dubai time).
CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.
