Next Week At A Glance
Australian markets are closed tomorrow for Australia Day.
Tonight the ECB will hold a policy meeting in the context of a surging European economy and still-easy policy.
On Friday night, both the UK and US will post first estimates of December quarter GDP. The US will also see critical durable goods orders data.
It’s inflation week next week in Australia, with the December quarter CPI data due on Wednesday. The week also brings numbers for new home sales, building approvals, private sector credit and the NAB business confidence survey, along with the PPI.
Thursday is the first of the new month, meaning global manufacturing PMI numbers are due. China goes early, posting both manufacturing and services PMI numbers on Wednesday.
A first estimate of eurozone December quarter GDP is due on Tuesday.
It’s jobs week in the US, with the private sector number out on Wednesday and non-farm payrolls on Friday. The week also includes data for personal income & spending, house prices, consumer confidence, pending home sales, vehicle sales, construction spending and factory orders.
Jerome Powell will chair his first Fed policy meeting next week.
The Australian resource sector quarterly reporting season winds to a close next week with reports from Beach Energy ((BPT)), Fortescue Metals ((FMG)), Evolution Mining ((EVN)), Newcrest Mining ((NCM)), Sandfire Resources ((SFR)) Saracen Minerals ((SAR)), AWE ((AWE)), Independence Group ((IGO)) and Origin Energy ((ORG)).
The end of that season heralds the beginning of another – the February earnings result season. Next week kicks off with reports from Credit Corp ((CCP)), Navitas ((NVT)), CYBG ((CYB)), GUD Holdings ((GUD)) and James Hardie ((JHX)).
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