The Week Ahead
Week commencing 29 June
Chris Beauchamp's insight
The final days of June and the beginning of July find tech markets in flux while oil and gold prices continue to fall. Into this week step the monthly US job numbers, with non-farm payrolls out a day early due to the US holiday on Friday. Other key events include China PMIs and the US ISM manufacturing PMI. In the UK, supermarket Sainsbury’s follows on from Tesco’s recent numbers, along with Associated British Foods, a company in the midst of major change as splits out its Primark clothing arm. In the US, embattled sportswear firm Nike reports earnings.
Economic reports
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Weekly view
None
2.30am – RBA meeting minutes. Markets to watch: AUD crosses
2.30am – China PMI (June): manufacturing PMI expected to rise to 50.3 from 50. Non-manufacturing forecast to rise to 50.5 from 50.1. Markets to watch: CNH crosses
1pm – German inflation (June): prices expected to rise 2.9% YoY from 2.6%, and 0.3% MoM from a 0.2% fall. Markets to watch: EUR crosses
2.45pm – Chicago PMI (June): forecast to fall to 61 from 62.7. Markets to watch: USD crosses
3pm – US consumer confidence (June): expected to rise to 95 from 93.1. Markets to watch: USD crosses
2.45am – China RatingDog manufacturing PMI (June): forecast to fall to 51.4 from 51.8. Markets to watch: CNH crosses
6am – Japan consumer confidence (June): forecast to fall to 32 from 33.6. Markets to watch: JPY crosses
10am – eurozone inflation (June, flash): YoY CPI to hold at 3.2%, MoM to rise to 0.3% from 0.1%. Core CPI expected to hold at 2.6% YoY. Markets to watch: EUR crosses
1.15pm – US ADP employment report (June): 85,000 jobs expected to have been created, from 122,000 in May. Markets to watch: USD crosses
3pm – US ISM manufacturing PMI (June): activity forecast to slow to 53.6 from 54. Markets to watch: USD rosses
3.30pm – US EIA crude oil inventories (w/e 26 June): stockpiles fell by 6.1 million barrels in the preceding week. Markets to watch: Brent, WTI
1.30pm – US non-farm payrolls (June): payrolls expected to rise by 90,000, from 172,000 last month, while the unemployment rate is forecast to rise to 4.5% from 4.3%. Average hourly earnings to rise by 0.2% MoM from 0.3%, and 3.4% YoY, in line with May. Markets to watch: US indices, USD crosses
US markets closed for Independence Day holiday
Monday
None
Tuesday
2.30am – RBA meeting minutes. Markets to watch: AUD crosses
2.30am – China PMI (June): manufacturing PMI expected to rise to 50.3 from 50. Non-manufacturing forecast to rise to 50.5 from 50.1. Markets to watch: CNH crosses
1pm – German inflation (June): prices expected to rise 2.9% YoY from 2.6%, and 0.3% MoM from a 0.2% fall. Markets to watch: EUR crosses
2.45pm – Chicago PMI (June): forecast to fall to 61 from 62.7. Markets to watch: USD crosses
3pm – US consumer confidence (June): expected to rise to 95 from 93.1. Markets to watch: USD crosses
Wednesday
2.45am – China RatingDog manufacturing PMI (June): forecast to fall to 51.4 from 51.8. Markets to watch: CNH crosses
6am – Japan consumer confidence (June): forecast to fall to 32 from 33.6. Markets to watch: JPY crosses
10am – eurozone inflation (June, flash): YoY CPI to hold at 3.2%, MoM to rise to 0.3% from 0.1%. Core CPI expected to hold at 2.6% YoY. Markets to watch: EUR crosses
1.15pm – US ADP employment report (June): 85,000 jobs expected to have been created, from 122,000 in May. Markets to watch: USD crosses
3pm – US ISM manufacturing PMI (June): activity forecast to slow to 53.6 from 54. Markets to watch: USD rosses
3.30pm – US EIA crude oil inventories (w/e 26 June): stockpiles fell by 6.1 million barrels in the preceding week. Markets to watch: Brent, WTI
Thursday
1.30pm – US non-farm payrolls (June): payrolls expected to rise by 90,000, from 172,000 last month, while the unemployment rate is forecast to rise to 4.5% from 4.3%. Average hourly earnings to rise by 0.2% MoM from 0.3%, and 3.4% YoY, in line with May. Markets to watch: US indices, USD crosses
Friday
US markets closed for Independence Day holiday
Company announcements
Dividends
FTSE ex-dividend dates (2nd July):
FTSE 100: Next, JD Sports, Games Workshop, F&C Investment Trust
FTSE 250: Murray Int’l, ICG Enterprise, Big Yellow, Paragon Banking, Primary Health Properties, Workspace, Safestore, Firstgroup
Index adjustments
|
Monday 30 March |
Tuesday 31 March |
Wednesday 1 April |
Thursday 2 April |
Friday 3 April |
Monday 6 April |
| FTSE 100 | 0.71 | |||||
| Australia 200 | 0.2 | 0.4 | ||||
| Wall Street | 8.4 | 9.2 | ||||
| US 500 | 0.60 | 0.28 | 0.48 | 0.50 | 0.06 | |
| Nasdaq 100 | 0.99 | 1.59 | 2.25 | 0.13 | ||
| Netherlands 25 | ||||||
| US Russell 2000 | 1.07 | 0.12 | 0.13 | 0.04 | 0.07 | |
| China H-Shares | 2.3 | |||||
| Japan 225 | ||||||
| Hong Kong HS50 | 3.9 | |||||
| South Africa 40 | 201 | |||||
| France 40 | 7.8 | |||||
| Stoxx 600 | 2.6 | 4.9 |
* Please note these can change without notice
1 Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 15,000+ global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Huge range of markets
Our spread betting and CFD accounts enable you to trade over 15,000+ markets, with index, commodity and bond futures available
A trusted provider
With over 45 years' experience, we’re proud to offer a truly market-leading service
Deep futures liquidity
Get fast, flexible execution thanks to our large client base and superior technology
Connect with us
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Professional clients trading spread bets and CFDs can lose more than they deposit.
The value of shares, ETFs and other ETPs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Some ETPs carry additional risks depending on how they’re structured, investors should ensure they familiarise themselves with the differences before investing.
Crypto - Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Share dealing and IG Smart Portfolio accounts provided by IG Trading and Investments Ltd, CFD accounts are provided by IG Markets Ltd, spread betting provided by IG Index Ltd, cryptoassets services are provided by IG Digital Assets Ltd.
IG is a trading name of IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764), IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Trading and Investments Ltd (Register Number 944492) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.
The information on this site isn’t directed at residents of the United States, Belgium or any particular country outside the UK and isn’t intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
