Weekly Reports | Apr 09 2021
This story features CHALLENGER LIMITED, and other companies. For more info SHARE ANALYSIS: CGF
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
Wall Street went a bit quiet this week although the trend remained steadily upward. The mood might change next week when the March quarter earnings season begins. At this stage results are “expected to surprise to the upside”.
Yes, I’m forever expecting surprises.
It’s also a busy week for US economic data next week, albeit crammed into the back end, beginning with the Fed Beige Book on Wednesday. The next two days see industrial production, retail sales, housing sentiment, housing starts, consumer sentiment, the Empire and Philly Fed activity reports and, along with others around the globe, a flash estimate of April manufacturing PMI.
China will release its preferred GDP result for the March quarter on Friday along with monthly industrial production, retail sales and fixed asset investment numbers.
Locally we’ll see the NAB business and Westpac consumer confidence surveys and on Thursday, the March jobs numbers. JobKeeper ended mid-March.
The RBNZ holds a policy meeting on Wednesday.
On the local market, ex-divs are now but a trickle but we’re beginning to see early quarterly reports and AGMs.
Quarterly reporters next week include Challenger ((CGF)) and Auckland International Airport ((AIA)) while AGMs will be held by Cimic Group ((CIM)) and Hotel Property Investments ((HPI)).
Bank of Queensland ((BOQ)) reports earnings on Thursday.
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CHARTS
For more info SHARE ANALYSIS: AIA - AUCKLAND INTERNATIONAL AIRPORT LIMITED
For more info SHARE ANALYSIS: BOQ - BANK OF QUEENSLAND LIMITED
For more info SHARE ANALYSIS: CGF - CHALLENGER LIMITED
For more info SHARE ANALYSIS: HPI - HOTEL PROPERTY INVESTMENTS LIMITED