Next Week At A Glance

This story features ALS LIMITED, and other companies. For more info SHARE ANALYSIS: ALQ

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

US markets are closed on Monday night for Memorial Day. Wall Street will go very quiet tonight after lunchtime.

The rest of the week in the US features a wealth of economic data releases to keep the Fed on its toes ahead of next month’s meeting, albeit the FOMC struck a dovish tone at this month’s meeting.

Of particular note will be Friday’s non-farm payrolls report, preceded by Thursday’s personal income & spending numbers which include the Fed’s preferred PCE measure of inflation.

Other releases next week include house prices, pending home sales, vehicle sales, consumer confidence, private sector jobs, the May manufacturing PMI and the increasingly-in-focus trade balance. The Fed will release its Beige Book and the first revision of the March quarter GDP result is due.

Manufacturing PMIs are due across the globe on Friday, except for China, where both the manufacturing and service PMIs are delivered on the Thursday.

The RBNZ holds a policy meeting on Wednesday.

In Australia we’ll see monthly building approvals and private sector credit, along with the all-important March quarter capital expenditure and capex intentions report.

On the local stock front, ALS ltd ((ALQ)) and Fisher & Paykal Healthcare ((FPH)) release earnings results, Steadfast Group ((SDF)), Challenger ((CGF)) and TechnologyOne ((TNE)) host investor days, and Melbourne IT ((MLB)), FAR ltd ((FAR)) and OceanaGold ((OGC)) hold AGMs.

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