##{"id":74533,"date":"2018-05-18T10:45:09","date_gmt":"2018-05-18T00:45:09","guid":{"rendered":"https:\/\/www.fnarena.com\/?p=74533"},"modified":"2018-05-18T10:45:09","modified_gmt":"2018-05-18T00:45:09","slug":"next-week-at-a-glance-407","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2018\/05\/18\/next-week-at-a-glance-407\/","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

Today’s trading notwithstanding, we enter next week with an ASX200 apparently not about to crash through 6100 but as yet reluctant to breach the post-GFC high of 6135. Allowing a bit of licence on the downside, the index has now been stuck in that range since May 3 with no apparent drivers on the horizon, others than those unforeseen.<\/p>\n

At the individual stock level there’s still quite a bit going on, although corporate events now begin to dwindle as we approach the typical “blackout” period leading in and out of EOFY. What we will see from here – and there’s already been one or two – are unscheduled updates bringing profit warnings as we enter the traditional “confession session”.<\/p>\n

Rarely do companies “confess” to a pending earnings result that will beat expectations, although it does happen (see CSL ((CSL)) today).<\/p>\n

Next week brings more out-of-cycle earnings reports, in this case from TechnologyOne ((TNE)) and Aristocrat Leisure ((ALL)), with a quarterly result from James Hardie ((JHX)).<\/p>\n

AGMs will be held by Boart Longyear ((BLY)), Alumina ltd ((AWC)), Beadell Resources ((BDR)), Spark Infrastructure ((SKI)), Westfield ((WFD)), Gold Road Resources ((GOR)) and Sydney Airport ((SYD)).<\/p>\n

Investor days will be hosted by Seven Group Holdings ((SVW)) and Woodside Petroleum ((WPL)) while Blackmores ((BKL)) will host an analyst meeting.<\/p>\n

The only major local economic release next week is March quarter construction work done, which feeds into the ultimate GDP release in June.<\/p>\n

US economic releases next week include the Richmond Fed index and Chicago Fed national index, new and existing home sales and house prices, durable goods, consumer sentiment and a flash estimate of the May manufacturing PMI.<\/p>\n

Japan and the eurozone will also flash.<\/p>\n

The minutes of the last Fed meeting are due on Wednesday.<\/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":"