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Next Week At A Glance

Weekly Reports | Nov 03 2017

This story features WESTPAC BANKING CORPORATION, and other companies. For more info SHARE ANALYSIS: WBC

For a more comprehensive preview of next week's events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.

By Greg Peel

Yes, it’s that time of year once more. All of Australia will pause on Tuesday afternoon for the Rate That Stops a Nation. But this year is likely to be a dull affair, with no change expected.

Oh and the Melbourne Cup’s on too.

With Trump’s tax plan unveiled and Fed choice announced, Wall Street will move on tonight to the October jobs numbers. The expectation is for a number in excess of 300,000, representing a rebound out of September’s weak and heavily hurricane-impacted result.

Post a jobs number, US economic data flow always goes quiet and next week’s calendar is devoid of any major releases beyond Friday’s fortnightly consumer sentiment.

China will release October trade numbers on Wednesday and inflation data on Thursday.

The RBNZ holds a policy meeting on Thursday.

Australia will see job ads and housing finance numbers next week. Victoria will be closed on Tuesday for the RBA meeting and the central bank also issues a quarterly Statement on Monetary Policy on Friday.

There’s a bit more action in the local stock market next week.

Westpac ((WBC)) will release its earnings result and Commonwealth Bank ((CBA)) will provide a quarterly update. Also publishing earnings results are Orica ((ORI)) and BT Investment Management ((BTT)) with quarterlies due from Janus Henderson ((JHG)), James Hardie ((JHX)), New Corp ((NWS)) and REA Group ((REA)).

Investor days will be held by Fletcher Building ((FBU)) and Santos ((STO)).

Macquarie Group ((MQG)) goes ex on Tuesday.

As of Tuesday morning, the NYSE will close at 8am Sydney time as will the SPI Overnight.
 

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CHARTS

CBA FBU JHG JHX MQG NWS ORI REA STO WBC

For more info SHARE ANALYSIS: CBA - COMMONWEALTH BANK OF AUSTRALIA

For more info SHARE ANALYSIS: FBU - FLETCHER BUILDING LIMITED

For more info SHARE ANALYSIS: JHG - JANUS HENDERSON GROUP PLC

For more info SHARE ANALYSIS: JHX - JAMES HARDIE INDUSTRIES PLC

For more info SHARE ANALYSIS: MQG - MACQUARIE GROUP LIMITED

For more info SHARE ANALYSIS: NWS - NEWS CORPORATION

For more info SHARE ANALYSIS: ORI - ORICA LIMITED

For more info SHARE ANALYSIS: REA - REA GROUP LIMITED

For more info SHARE ANALYSIS: STO - SANTOS LIMITED

For more info SHARE ANALYSIS: WBC - WESTPAC BANKING CORPORATION