Next Week At A Glance

As earnings season slowly trails off next week on Wall Street, the Australian earnings season steps up a gear.

There are too companies reporting to pick highlights. Please refer to the FNArena Calendar.

On the economic front, next week brings the monthly NAB business and Westpac consumer confidence surveys, the June quarter wage price index and the July jobs report. The RBA governor will speak on Friday.

China will provide a monthly data dump of industrial production, retail sales and fixed asset investment numbers on Tuesday.

Releases in the US include industrial production, retail sales, housing sentiment and starts, consumer sentiment and the Empire State activity index.

Note that on the local stock front, Tuesday brings quarterly updates from both ANZ Bank ((ANZ)) and National Bank ((NAB)) while on Wednesday, Commonwealth Bank ((CBA)) goes ex-dividend.

It’s a timely reminder that as earnings season builds, so too will the number of stocks going ex, with a lag.

Greg Peel

About Greg Peel

Greg Peel joined Macquarie Bank in 1986 and acquired trading experience in equities, currency, fixed income and commodities derivatives, ultimately being appointed director of equity derivatives trading. He later published In With The Smart Money (a plain English guide to the mysterious world of financial markets and derivatives) and acted as a consultant to boutique investment funds. In 2004 Greg joined FNArena as a contributing writer. He is now a director and principal of the company. Greg compliments the journalistic background of the FNArena team with lengthy experience as a financial markets proprietary trader.

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