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Next Week At A Glance

Weekly Reports | May 03 2019

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

The Fed “pause” is back to being a matter of great debate following this week’s policy meeting, but for the local market next week’s RBA meeting will be the most critical since August 2016 – the last time we saw a rate cut.

The market is factoring in a 50/50 chance of a cut next week to 1.25%. We could call that 50% weak CPI data and 50% strong labour market.

Data releases next week include ANZ job ads, retail sales, trade and the construction PMI. On Friday the RBA releases its quarterly Statement on Monetary Policy.

China releases trade and inflation numbers next week, as does the US.

UK markets are closed on Monday.

The local stock market will see a sudden burst of earnings results next week, including those of Westpac ((WBC)), CSR ((CSR)), EclipX Group ((ECX)), Graincorp ((GNC)), Orica ((ORI)) and News Corp ((NWS)).

Qantas ((QAN)) will provide a quarterly update.

By the end of the week the AGM spigot will open in earnest, featuring meetings for the likes of Rio Tinto ((RIO)), Oil Search ((OSH)) and QBE Insurance ((QBE)), among others.

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CHARTS

CSR GNC NWS ORI QAN QBE RIO WBC

For more info SHARE ANALYSIS: CSR - CSR LIMITED

For more info SHARE ANALYSIS: GNC - GRAINCORP LIMITED

For more info SHARE ANALYSIS: NWS - NEWS CORPORATION

For more info SHARE ANALYSIS: ORI - ORICA LIMITED

For more info SHARE ANALYSIS: QAN - QANTAS AIRWAYS LIMITED

For more info SHARE ANALYSIS: QBE - QBE INSURANCE GROUP LIMITED

For more info SHARE ANALYSIS: RIO - RIO TINTO LIMITED

For more info SHARE ANALYSIS: WBC - WESTPAC BANKING CORPORATION