The Week Ahead
Week commencing 17 August
Chris Beauchamp's insight
British and Japanese data dominate the week, which starts with GDP for the world’s third largest economy. This is followed up by the trio of UK inflation, employment and retail sales data, and is rounded off with inflation figures for Japan, as expectations of further rate hikes loom following the co-ordinated FX intervention in USDJPY. It is a quiet week for corporate data, with notable names confined to JDSports, WalMart and Target.
Economic reports
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Weekly view
12.50am - Japan GDP (Q2, preliminary): expected to slow to 0.4% QoQ from 0.5%, and to 1.7% from 1.8% YoY. Markets to watch: JPY crosses
3am – China industrial production (July): forecast to rise 5% YoY from 5.3%. Markets to watch: CNH crosses
1.30pm – Canada CPI (July): price growth forecast to be 0.1% MoM and 2.6% YoY, from -0.4% and 2.8% YoY. Markets to watch: CAD crosses
1.30pm – US Empire State mfg index (August): index expected to slow to 12 from 15.6. Markets to watch: USD crosses
1.30am – Australia Westpac consumer confidence (August): index expected to fall to 81.7. Markets to watch: AUD crosses
7am – UK employment data: June unemployment rate to hold at 4.9%, average earnings to rise 3.9% including bonuses for the three months to June. Markets to watch: GBP crosses
10am – German ZEW index (August): index forecast to fall to 21.5 from 26.5. Markets to watch: EUR crosses
3pm – US pending home sales (July): expected to rise 1.4% YoY. Markets to watch: USD crosses
7am – UK inflation data (July): expected to see prices rise by 3% YoY and 0.3% MoM, from 2.6% and 0.1%. Core inflation expected to be 0.3% MoM from 0.1%. Markets to watch: GBP crosses
3.30pm – US EIA crude oil inventories (w/e 14 August): stockpiles rose by 17.4 million barrels in the preceding week. Markets to watch: Brent, WTI
7pm – FOMC minutes. Markets to watch: USD crosses
2.30am – Australia employment data (July): unemployment rate expected to rise to 4.5% from 4.4%. Markets to watch: AUD crosses
1.30pm – US initial jobless claims (w/e 15 August): expected to be 201K. Markets to watch: USD crosses
12.30am – Japan inflation (July): prices expected to rise 1.8% YoY. Markets to watch: JPY crosses
1.30am – Japan PMI (August, flash). Markets to watch: JPY crosses
7am – UK retail sales (July): sales forecast to fall -0.6%. Markets to watch: GBP crosses
8.30am – German PMI (August, flash): manufacturing PMI expected to fall to 50.7 from 51.3. Markets to watch: EUR crosses
9.30am – UK PMI (August, flash): manufacturing forecast to rise to 52 from 51.9, while services falls to 52 from 52.1. Markets to watch: GBP crosses
2.45pm – US PMI (August, flash): services PMI expected to fall to 53.4 from 54.6, while manufacturing drops to 53.5 from 53.9. Markets to watch: USD crosses
3pm – eurozone consumer confidence (August): forecast to fall to -16.7 from -15.9. Markets to watch: EUR crosses
Monday
12.50am - Japan GDP (Q2, preliminary): expected to slow to 0.4% QoQ from 0.5%, and to 1.7% from 1.8% YoY. Markets to watch: JPY crosses
3am – China industrial production (July): forecast to rise 5% YoY from 5.3%. Markets to watch: CNH crosses
1.30pm – Canada CPI (July): price growth forecast to be 0.1% MoM and 2.6% YoY, from -0.4% and 2.8% YoY. Markets to watch: CAD crosses
1.30pm – US Empire State mfg index (August): index expected to slow to 12 from 15.6. Markets to watch: USD crosses
Tuesday
1.30am – Australia Westpac consumer confidence (August): index expected to fall to 81.7. Markets to watch: AUD crosses
7am – UK employment data: June unemployment rate to hold at 4.9%, average earnings to rise 3.9% including bonuses for the three months to June. Markets to watch: GBP crosses
10am – German ZEW index (August): index forecast to fall to 21.5 from 26.5. Markets to watch: EUR crosses
3pm – US pending home sales (July): expected to rise 1.4% YoY. Markets to watch: USD crosses
Wednesday
7am – UK inflation data (July): expected to see prices rise by 3% YoY and 0.3% MoM, from 2.6% and 0.1%. Core inflation expected to be 0.3% MoM from 0.1%. Markets to watch: GBP crosses
3.30pm – US EIA crude oil inventories (w/e 14 August): stockpiles rose by 17.4 million barrels in the preceding week. Markets to watch: Brent, WTI
7pm – FOMC minutes. Markets to watch: USD crosses
Thursday
2.30am – Australia employment data (July): unemployment rate expected to rise to 4.5% from 4.4%. Markets to watch: AUD crosses
1.30pm – US initial jobless claims (w/e 15 August): expected to be 201K. Markets to watch: USD crosses
Friday
12.30am – Japan inflation (July): prices expected to rise 1.8% YoY. Markets to watch: JPY crosses
1.30am – Japan PMI (August, flash). Markets to watch: JPY crosses
7am – UK retail sales (July): sales forecast to fall -0.6%. Markets to watch: GBP crosses
8.30am – German PMI (August, flash): manufacturing PMI expected to fall to 50.7 from 51.3. Markets to watch: EUR crosses
9.30am – UK PMI (August, flash): manufacturing forecast to rise to 52 from 51.9, while services falls to 52 from 52.1. Markets to watch: GBP crosses
2.45pm – US PMI (August, flash): services PMI expected to fall to 53.4 from 54.6, while manufacturing drops to 53.5 from 53.9. Markets to watch: USD crosses
3pm – eurozone consumer confidence (August): forecast to fall to -16.7 from -15.9. Markets to watch: EUR crosses
Company announcements
|
Dividends
FTSE ex-dividend dates (20th August):
FTSE 100: Imperial Brands, Investec, Centrica, Anglo American, Convatec, Legel & General, InterContinental Hotels, Entain
FTSE 250: Johnson Matthey (17th August), XPS Pensions, Personal Assets Trust, Mondi, Plus500
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 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.
