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Next Week At A Glance – 27-31 Jul 2020

Weekly Reports | Jul 24 2020

This story features G.U.D. HOLDINGS LIMITED, and other companies. For more info SHARE ANALYSIS: GUD

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

Last night’s US new weekly jobless claims number suggests the tide may now be turning on the US economic recovery. With re-lockdowns commencing in July, next week’s durable goods orders and personal income & spending data for June may thus be misleading.

More immediately relevant will be July consumer confidence numbers. The Fed holds a policy meeting on Wednesday.

The eurozone reports a first estimate of June quarter GDP on Thursday.

On Friday China will release July manufacturing and services PMIs.

Australia will see June quarter inflation numbers which might be interesting, but unlikely to be market-moving in the scheme of things. It would be nice if they could send the Aussie lower nonetheless.

More relevant for Australia next week is the beginning of the “August” reporting season. The first trickle of reporters next week includes GUD Holdings ((GUD)), Credit Corp ((CCP)), Janus Henderson ((JHG)), Rio Tinto ((RIO)), Cimic ((CIM)), Genworth Mortgage Insurance ((GMA)) and UR Westfield ((URW)).

This will coincide with the last burst of resource sector production reports ahead of month-end.  Reporters include Iluka Resources ((ILU)), IGO ((IGO)), Fortescue Metals ((FMG)), OceanaGold ((OGC)), Sandfire Resources ((SFR)) and Infigen Energy ((IFN)).

Macquarie Group ((MQG)) holds its AGM on Thursday.

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CHARTS

CCP FMG GUD IGO ILU JHG MQG RIO SFR URW

For more info SHARE ANALYSIS: CCP - CREDIT CORP GROUP LIMITED

For more info SHARE ANALYSIS: FMG - FORTESCUE LIMITED

For more info SHARE ANALYSIS: GUD - G.U.D. HOLDINGS LIMITED

For more info SHARE ANALYSIS: IGO - IGO LIMITED

For more info SHARE ANALYSIS: ILU - ILUKA RESOURCES LIMITED

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

For more info SHARE ANALYSIS: MQG - MACQUARIE GROUP LIMITED

For more info SHARE ANALYSIS: RIO - RIO TINTO LIMITED

For more info SHARE ANALYSIS: SFR - SANDFIRE RESOURCES LIMITED

For more info SHARE ANALYSIS: URW - UNIBAIL-RODAMCO-WESTFIELD SE