{"id":72185,"date":"2017-12-15T10:57:23","date_gmt":"2017-12-14T23:57:23","guid":{"rendered":"https:\/\/www.fnarena.com\/?p=72185"},"modified":"2017-12-15T10:57:24","modified_gmt":"2017-12-14T23:57:24","slug":"next-week-at-a-glance-390","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2017\/12\/15\/next-week-at-a-glance-390\/","title":{"rendered":"Next Week At A Glance"},"content":{"rendered":"

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

By Greg Peel<\/p>\n

As we head into the last week before Christmas, the world’s attention will be on whether Santa brings Trump a tax reform bill to sign, having been passed by both houses of Congress. While the Republican Party as a whole seems intent on succeeding in this Yuletide achievement, at present the timing looks unlikely.<\/p>\n

We’ve had our first declared objector – Senator Marco Rubio. At this stage there’s been no reconciled bill put forward, and hence no discussion of whether the Republicans have the numbers to go to a vote. The odds are against success as early as next week.<\/p>\n

Of course unlike here downunder, where the whole country shuts down from Christmas Day through to around mid-January, Christmas in the US is but a one day distraction. It’s back to business on what we call Boxing Day. So it may be tax success is achieved when the local market is a ghost town.<\/p>\n

US data releases next week include housing sentiment and starts, new and existing home sales, house prices, leading indicators, personal income & spending, durable goods and consumer sentiment. The final revision of September quarter GDP ahead of the first estimate for the December quarter is also due.<\/p>\n

New Zealand posts its September quarter GDP result on Thursday.<\/p>\n

The Bank of Japan rounds out the Big Four central bank policy meetings next week.<\/p>\n

The week before Christmas is devoid of major Australian data releases, but for the minutes of the December RBA meeting.<\/p>\n

On Thursday, all ASX equity derivatives expire for the December quarter. The fact the ASX200 is struggling to break away from 6000 might be explained by a high level of positions at this strike price.<\/p>\n

ANZ Bank ((ANZ)), DuluxGroup ((DLX)) and Incitec Pivot ((IPL)) all hold AGMs next week.<\/p>\n<\/p>\n

Find out why FNArena 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":"

A brief look at important company events and economic data releases next week.<\/p>\n","protected":false},"author":8,"featured_media":72187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/72185"}],"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=72185"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/72185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media\/72187"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=72185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=72185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=72185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}