The Week Ahead
Week commencing 07 September
Chris Beauchamp's insight
As anticipation swirls around what the Fed will do in September, Friday’s inflation report for the US is the crucial event of the week, feeding into expectations around whether a rate hike is necessary. However, the ECB is expected to raise rates this week, and its commentary around what might come next will be an important driver of volatility. This all makes up for the rather muted start to the week due to the US holiday.
It is a busy week for UK corporate news, with Associated British Foods and Berkeley the two likely highlights. US earnings are mostly absent, though the AI/tech focus remains with Oracle on Thursday.
Economic reports
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Weekly view
Labor Day – US markets closed
1.30am – Australia Westpac consumer confidence (September): index expected to fall to 85.7 from 88.9. Markets to watch: AUD crosses
4am – China trade data (August). Markets to watch: CNH crosses
2.30am – China inflation (August): July reading saw prices rise 0.5% YoY and fall 0.1% MoM. Markets to watch: CNH crosses
1.15pm – ECB rate decision: rates expected to rise to 2.5% from 2.25%. The bank may provide further commentary on the outlook for inflation and potential policy moves. Markets to watch: EUR crosses
1.30pm – US initial jobless claims (w/e 5 September), PPI (August): claims expected to rise to 209K from 206K. PPI expected to be 0.3% MoM from 0%, and 0.2% YoY, in line with last month. Markets to watch: USD crosses
3pm – US existing home sales (August): sales expected to fall 0.2% MoM. Markets to watch: USD crosses
5pm – US EIA crude oil inventories (w/e 4 September): stockpiles fell by 4.45 million barrels in the previous week. Markets to watch: Brent, WTI
7am – UK GDP (July): 3-month average forecast to be 0.3%, down from 0.4% in June. Markets to watch: GBP crosses
1.30pm – US inflation (August): consumer price inflation expected to rise 0.4% MoM from 0.1% in July, and hold at 3.4% YoY. Core inflation, which excludes food and energy prices, is expected to be 0.2% MoM and 2.4% YoY, from 0.2% and 2.5% respectively. Markets to watch: US indices, USD crosses
3pm – US Michigan consumer sentiment index (September, preliminary): index forecast to fall to 51.5 from 51.7. Markets to watch: USD crosses
Monday
Labor Day – US markets closed
Tuesday
1.30am – Australia Westpac consumer confidence (September): index expected to fall to 85.7 from 88.9. Markets to watch: AUD crosses
4am – China trade data (August). Markets to watch: CNH crosses
Wednesday
2.30am – China inflation (August): July reading saw prices rise 0.5% YoY and fall 0.1% MoM. Markets to watch: CNH crosses
Thursday
1.15pm – ECB rate decision: rates expected to rise to 2.5% from 2.25%. The bank may provide further commentary on the outlook for inflation and potential policy moves. Markets to watch: EUR crosses
1.30pm – US initial jobless claims (w/e 5 September), PPI (August): claims expected to rise to 209K from 206K. PPI expected to be 0.3% MoM from 0%, and 0.2% YoY, in line with last month. Markets to watch: USD crosses
3pm – US existing home sales (August): sales expected to fall 0.2% MoM. Markets to watch: USD crosses
5pm – US EIA crude oil inventories (w/e 4 September): stockpiles fell by 4.45 million barrels in the previous week. Markets to watch: Brent, WTI
Friday
7am – UK GDP (July): 3-month average forecast to be 0.3%, down from 0.4% in June. Markets to watch: GBP crosses
1.30pm – US inflation (August): consumer price inflation expected to rise 0.4% MoM from 0.1% in July, and hold at 3.4% YoY. Core inflation, which excludes food and energy prices, is expected to be 0.2% MoM and 2.4% YoY, from 0.2% and 2.5% respectively. Markets to watch: US indices, USD crosses
3pm – US Michigan consumer sentiment index (September, preliminary): index forecast to fall to 51.5 from 51.7. Markets to watch: USD crosses
Company announcements
Dividends
FTSE ex-dividend dates (10th September):
FTSE 100: Endeavour Mining, Lion Finance, Prudential, M&G
FTSE 250: NCC, Baltic Classifieds, Greggs, International Workspace, Atalaya Mining, Rosebank Industries, Grafton
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
Get the latest shares news
Connect with us
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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 88 Wood Street, London, EC2V 7QR. 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.
