All trading involves risk. Losses can exceed deposits.
40-year heritage
152,600 clients worldwide
10,000 markets to trade

The week ahead

Get next week's market-moving events sent to your inbox for FREE.

  • 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

Form has failed to submit. Please contact IG directly.

Sign up now

All trading involves risk. Losses can exceed deposits.

Week commencing 20 March

Chris Beauchamp, market analyst

After the excitement of the Federal Reserve meeting, the tempo calms down slightly. However, we do have some key UK data, including CPI figures and retail sales, while in the US housing data and durable goods orders should ensure investors keep their focus on the dollar.

Corporate news is quiet once more in the US, but full-year earnings from Next and Kingfisher, plus interims from housebuilder Bellway, should provide plenty of interest. 

Economic reports

Week commencing 20 March

Monday

12.30pm – Chicago Fed national activity index (February): expected to rise to 0.2 from -0.1. Markets to watch: US indices, USD crosse

 

Tuesday

12.30am – RBA minutes: expect to see a discussion on the policy outlook, which may have a bearing on AUD crosses. Market to watch: AUD crosses

9.30am – UK CPI (February): expected to rise to 2.1% YoY from 1.8% and to 0.3% MoM from a fall of 0.5%. Market to watch: GBP crosses

12.30pm – Canada retail sales (January): forecast to rise 0.5% from a 0.5% fall a month earlier. Market to watch: CAD crosses

11.50pm – Japan trade balance (February), Bank of Japan minutes: watch for any sign of weakness in exports, while the minutes will cast light on the outlook for policy. Markets to watch: Nikkei, yen crosses

Wednesday

2pm – US existing home sales (February): expected to rise to an annual rate of 5.7 million from 5.6 million a month earlier. Markets to watch: US indices, USD crosses

2.30pm – US EIA crude inventories (w/e 17 March): expected to see a rise of 1.2 million barrels from a 230,000 barrel fall a week earlier. Markets to watch: Brent, WTI

Thursday

9.30am – UK retail sales (February): sales forecast to rise 2.2% YoY and 0.8% MoM, from 1.5% and -0.3% respectively last month. Market to watch: GBP crosses

12.30pm – US initial jobless claims (w/e 18 March): forecast to fall to 239,000 from 241,000 a week earlier. Markets to watch: US indices, USD crosses

2pm – US new home sales (February): forecast to rise to an annual rate of 559K. Markets to watch: US indices, USD crosses

3pm – eurozone consumer confidence (March, flash): expected to rise to -4.9 from -6.2. Markets to watch: eurozone indices, EUR crosses

Friday

8am-9am – French, German, eurozone PMIs (March, flash): after robust readings last month, watch out for further improvement, which could be euro positive. Markets to watch: eurozone indices, EUR crosses

12.30pm – Canada CPI (February): expected to remain at 2.1% YoY but fall to 0.2% from 0.9% MoM. Market to watch: CAD crosses

12.30pm – US durable goods orders (February): goods orders expected to rise by 1.5% MoM from 1.8% in January, and up 0.7% excluding transportation orders. Markets to watch: US indices, USD crosses

1.45pm – US manufacturing and services PMI (March, flash): manufacturing expected to rise to 54.6 from 54.2, while services fall to 53.4 from 53.8. Markets to watch: US indices, USD crosses

Weekly view

Monday

12.30pm – Chicago Fed national activity index (February): expected to rise to 0.2 from -0.1. Markets to watch: US indices, USD crosses

Tuesday

12.30am – RBA minutes: expect to see a discussion on the policy outlook, which may have a bearing on AUD crosses. Market to watch: AUD crosses

9.30am – UK CPI (February): expected to rise to 2.1% YoY from 1.8% and to 0.3% MoM from a fall of 0.5%. Market to watch: GBP crosses

12.30pm – Canada retail sales (January): forecast to rise 0.5% from a 0.5% fall a month earlier. Market to watch: CAD crosses

11.50pm – Japan trade balance (February), Bank of Japan minutes: watch for any sign of weakness in exports, while the minutes will cast light on the outlook for policy. Markets to watch: Nikkei, Yen crosses

Wednesday

2pm – US existing home sales (February): expected to rise to an annual rate of 5.7 million from 5.6 million last month. Markets to watch: US indices, USD crosses

2.30pm – US EIA crude inventories (w/e 17 March): expected to see a rise of 1.2 million barrels from a 230,000 barrel fall a week earlier. Markets to watch: Brent, WTI

Thursday

9.30am – UK retail sales (February): sales forecast to rise 2.2% YoY and 0.8% MoM, from 1.5% and -0.3% respectively last month. Market to watch: GBP crosses

12.30pm – US initial jobless claims (w/e 18 March): forecast to fall to 239,000 from 241,000 a week earlier. Markets to watch: US indices, USD crosses

2pm – US new home sales (February): forecast to rise to an annual rate of 559K. Markets to watch: US indices, USD crosses

3pm – eurozone consumer confidence (March, flash): expected to rise to -4.9 from -6.2. Markets to watch: eurozone indices, EUR crosses

Friday

8am – 9am – French, German, eurozone PMIs (March, flash): after robust readings last month, watch out for further improvement, which could be EUR positive. Markets to watch: eurozone indices, EUR crosses

12.30pm – Canada CPI (February): expected to remain at 2.1% YoY but fall to 0.2% from 0.9% MoM. Market to watch: CAD crosses

12.30pm – US durable goods orders (February): goods orders expected to rise by 1.5% MoM from 1.8% in January, and up 0.7% excluding transportation orders. Markets to watch: US indices, USD crosses

1.45pm – US manufacturing & services PMI (March, flash): manufacturing expected to rise to 54.6 from 54.2, while services fall to 53.4 from 53.8. Markets to watch: US indices, USD crosses

Company announcements

 

Monday 20 Tuesday 21 Wednesday 22 Thursday 23 Friday 24
Full-year earnings

 

Amec Foster Wheeler,

SVG

Savills,

Kingfisher

Next,

Ted Baker

 

Half/Quarterly earnings

 

Vectura,

Bellway,

General Mills,

NIKE,

FedEx

Softcat

Kier Group,

Halma 

Smiths Group
Trading update

 

 

 

 

 

FTSE ex-dividend dates (23 March):

FTSE 100: None

FTSE 250: Redrow, Dunelm, Segro, Bovis, Galliford Try, Meggitt, Close Brothers

This information has been prepared by IG, a trading name of IG Markets 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. See full non-independent research disclaimer and quarterly summary.

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

Contact us

We're here 24hrs a day from 8am Sunday to 10pm Friday,
and 9am to 5pm Saturday.

0800 409 6789

You can also call 0207 896 0079 or
email helpdesk.uk@ig.com