Read about upcoming market-moving events and plan your trading week
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The week ahead
All trading involves risk. Losses can exceed deposits.
Week commencing 26 June
Chris Beauchamp, market analyst
Watch out for US durable goods orders and consumer confidence readings this week, while we also get some more Chinese data to shed more light on the economic performance of this vital economy.
Company updates remain light, although Tullow Oil and Petrofac should provide more information on how these firms are dealing with the impact of abundant supply of oil.
Economic reports
Week commencing 26 June
Monday
9am – German IFO business climate (June): expected to rise to 115.1 from 114.6. Markets to watch: eurozone indices, EUR crosses
1.30pm – US durable goods orders, Chicago Federal index (May): durable goods orders expected to fall 0.5% MoM from a 0.7% fall a month earlier, while the Chicago Federal index rises to 0.54 from 0.49. Markets to watch: US indices, USD crosses
Tuesday
3pm – US consumer confidence (June): expected to fall to 116.9 from 117.9. Markets to watch: US indices, USD crosses
Wednesday
3pm – US pending home sales (May): expected to rise 2% YoY. Markets to watch: US indices, USD crosses
3.30pm – US EIA crude inventories (w/e 23 June): stockpiles forecast to fall by 500,000 barrels, from a 2.4 million drop a week earlier. Markets to watch: Brent, WTI
Thursday
10am – eurozone business confidence (June): forecast to rise to 0.95 from 0.9. Markets to watch: eurozone indices, EUR crosses
1pm – German CPI (June, preliminary): expected to rise 1.3%, after a 1.5% increase a month earlier. Market to watch: EUR crosses
1.30pm – US GDP growth (Q1, final), initial jobless claims (w/e 24 June): growth expected to be 1.2% QoQ, jobless claims expected to be 243K from 241K a week earlier. Markets to watch: US indices, USD crosses
Friday
12.30am – Japan CPI (May): price growth expected to be 0.3% YoY from 0.4%. Markets to watch: Nikkei, JPY crosses
2am – China manufacturing and non-manufacturing PMI (June): manufacturing survey expected to be 51.4 from 51.2, while the non- manufacturing number expected to rise to 54.6 from 54.5. Markets to watch: China indices, CNY crosses
8.55am – Germany unemployment (June): rate expected to hold at 5.7%, while the number of unemployed falls by 10,600. Markets to watch: eurozone indices, EUR crosses
9.30am – UK GDP (Q1, final): growth expected to be 0.2% QoQ and 2% YoY. Markets to watch: GBP crosses
10am – eurozone CPI (June, flash): expected to be 1.2% from 1.4% YoY, while core CPI holds at 0.9%. Market to watch: EUR crosses
2.45pm – US Chicago PMI (June): expected to fall to 58 from 59.4. Markets to watch: US indices, USD crosses
Weekly view
Monday
9am – German IFO business climate (June): expected to rise to 115.1 from 114.6. Markets to watch: eurozone indices, EUR crosses
1.30pm – US durable goods orders, Chicago Federal index (May): durable goods orders expected to fall 0.5% MoM from a 0.7% fall a month earlier, while the Chicago Federal index rises to 0.54 from 0.49. Markets to watch: US indices, USD crosses
Tuesday
3pm – US consumer confidence (June): expected to fall to 116.9 from 117.9. Markets to watch: US indices, USD crosses
Wednesday
3pm – US pending home sales (May): expected to rise 2% YoY. Markets to watch: US indices, USD crosses
3.30pm – US EIA crude inventories (w/e 23 June): stockpiles forecast to fall by 500,000 barrels, from a 2.4 million drop a week earlier. Markets to watch: Brent, WTI
Thursday
10am – eurozone business confidence (June): forecast to rise to 0.95 from 0.9. Markets to watch: eurozone indices, EUR crosses
1pm – German CPI (June, preliminary): expected to rise 1.3%, after a 1.5% increase a month earlier. Market to watch: EUR crosses
1.30pm – US GDP growth (Q1, final), initial jobless claims (w/e 24 June): growth expected to be 1.2% QoQ, jobless claims expected to be 243K from 241K a week earlier. Markets to watch: US indices, USD crosses
Friday
12.30am – Japan CPI (May): price growth expected to be 0.3% YoY from 0.4%. Markets to watch: Nikkei, JPY crosses
2am – China manufacturing and non-manufacturing PMI (June): manufacturing survey expected to be 51.4 from 51.2, while the non- manufacturing number expected to rise to 54.6 from 54.5. Markets to watch: China indices, CNY crosses
8.55am – Germany unemployment (June): rate expected to hold at 5.7%, while the number of unemployed falls by 10,600. Markets to watch: eurozone indices, EUR crosses
9.30am – UK GDP (Q1, final): growth expected to be 0.2% QoQ and 2% YoY. Markets to watch: GBP crosses
10am – eurozone CPI (June, flash): expected to be 1.2% from 1.4% YoY, while core CPI holds at 0.9%. Market to watch: EUR crosses
2.45pm – US Chicago PMI (June): expected to fall to 58 from 59.4. Markets to watch: US indices, USD crosses
Company announcements
| Monday 26 | Tuesday 27 | Wednesday 28 | Thursday 29 | Friday 30 | |
|---|---|---|---|---|---|
| Full-year earnings |
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| Half/Quarterly earnings |
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H&M, |
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| Trading update |
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Upcoming dividends
FTSE ex-dividend dates (29 June):
FTSE 100: Compass Group (27 June, special dividend), Int’l Cons Airlines, Coca-Cola HBC, British Land, Royal Mail, Babcock
FTSE 250: NEX Group, Cranswick, Tate & Lyle
Index dividend adjustments
| Monday | Tuesday | Wednesday | Thursday | Friday | Monday | |
|---|---|---|---|---|---|---|
| FTSE 100 |
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| Australia 200 |
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11.5 |
0.1 |
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| Wall Street |
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3.4 | |
| US 500 | 0.48 | 0.08 | 0.12 | 0.22 | ||
| Nasdaq | 0.4 | 0.7 | ||||
| France 40 | 2.3 | |||||
| Netherlands 25 | 0.53 | |||||
| EU Stocks 50 | 0.8 | |||||
| China H-Shares | 2.7 | 7.2 | 51.6 | 53.1 | 7.2 | |
| Singapore Blue Chip | ||||||
| Hong Kong HS50 | 36.2 | 7.3 | 62 | |||
| South Africa 40 | 9 | |||||
| Italy 40 | ||||||
| Japan 225 | 26.2 |
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