##{"id":58421,"date":"2011-07-08T09:51:16","date_gmt":"2011-07-07T23:51:16","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/07\/08\/next-week-at-a-glance-131\/"},"modified":"2011-07-08T09:51:16","modified_gmt":"2011-07-07T23:51:16","slug":"next-week-at-a-glance-131","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/07\/08\/next-week-at-a-glance-131\/","title":{"rendered":"Next Week At A Glance"},"content":{"rendered":"<p>\n\tBy Greg Peel<\/p>\n<p>\n\tTonight in the US sees the official non-farm payrolls number and following on from a surprisingly positive ADP number last night, Wall Street&#039;s anticipation is running high. Two nights ago consensus had around <span>80-90k<\/span> jobs being added in June but now forecasts range all the way up to <span>175k<\/span>. Overenthusiastic? We&#039;ll soon know.<\/p>\n<p>\n\tNext week will be a cracker in financial market land, beginning with Alcoa waving the Stars &amp; Stripes on Monday night for the start of the US June quarter earnings season and culminating with the Red &amp; Yellow being hoisted over China&#039;s June quarter GDP result on Friday. Every other major world economy will take three months to calculate final GDP results.<\/p>\n<p>\n\tThe big US banks are the highlight of the first week of the season before we settle in to a long month which quietly trails off through August. Wall Street has a lot riding on positive results. Next week also sees the US trade balance and Treasury budget, retail sales, PPI, CPI, industrial production, consumer sentiment and the Empire State manufacturing index.<\/p>\n<p>\n\tThe Treasury will also auction three and ten-year notes and thirty-year bonds and the Fed will release the minutes of its last policy meeting on Wednesday which, coincidentally, is a date set for a speech from Chairman Bernanke.<\/p>\n<p>\n\tAustralia has to wait until August for the local earnings season but in the meantime we&#039;re due resource sector quarterly production reports. They begin this week and the market will be looking out for signs of the pace of weather bounce-back.<\/p>\n<p>\n\tOn the economic front, Australia&#039;s highlight next week are lending finance and the NAB business and Westpac consumer surveys.&nbsp;<\/p>\n<p>\n\tOn Friday, along with GDP, China will deliver its monthly &ldquo;data dump&rdquo; of inflation, retail sales and industrial production numbers.&nbsp;<\/p>\n<p>\n\t<em>For a more comprehensive preview of next week&#039;s events, please refer to &quot;The Monday Report&quot;, published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the <\/em><a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_calendar\"><span>FNArena<\/span> Calendar<\/a><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A brief look at important company events and economic data releases next week.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83],"tags":[27,47,26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58421"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58421"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58421\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}