##{"id":62075,"date":"2013-06-28T11:13:55","date_gmt":"2013-06-28T01:13:55","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/06\/28\/next-week-at-a-glance-223\/"},"modified":"2013-06-28T11:13:55","modified_gmt":"2013-06-28T01:13:55","slug":"next-week-at-a-glance-223","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/06\/28\/next-week-at-a-glance-223\/","title":{"rendered":"Next Week At A Glance"},"content":{"rendered":"

\n\tFor 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 <\/em>FNArena<\/span> Calendar<\/a>.<\/em><\/p>\n

\n\tThere may be a bit of push and shove on Bridge Street and Wall Street over the next 24 hours given end of financial year and end of quarter. Beyond that, next week will most likely see the positive mood retained, barring anything unforeseen. Although next week will bring some important global data.<\/p>\n

\n\tMonday is global manufacturing PMI day, with Australian, Chinese, eurozone<\/span>, UK and US numbers all due, and the same repeats on Wednesday for service sector PMIs<\/span>. Will Beijing’s official manufacturing PMI mirror HSBC’s and slip into contraction?<\/p>\n

\n\tIt is jobs week in the US, with the private sector numbers out on Wednesday and non-farm payrolls on Friday. The jobs numbers are the most influential data point at this stage vis<\/span> a vis<\/span> QE, but this week’s assurance from Fed officials suggest there’s not a lot to be concerned about either way.<\/p>\n

\n\tOver the week the US will also see construction spending, factory orders, vehicle sales and the trade balance. Thursday is the Independence Day holiday with all US markets closed, and on Wednesday the NYSE will close at 1.00pm local.<\/p>\n

\n\tThere are some important eurozone<\/span> data releases due next week on top of the PMIs<\/span>, including inflation, unemployment and retail sales. The Bank of England will hold a policy meeting on Thursday and the City has long expected the new governor to increase QE, but maybe July is still too soon in his tenure.<\/p>\n

\n\tAside from the PMIs<\/span> Australia will see ANZ<\/span> job ads, the TD Securities inflation gauge<\/span>, Rismark<\/span> house prices, retail sales and the trade balance next week. The RBA<\/span> will deliver a policy statement on Tuesday and given the fall in the Aussie it is unlikely the central bank will opt for a rate cut at this stage.<\/p>\n

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\n\tFind out why FNArena<\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"