{"id":81545,"date":"2019-07-19T10:28:39","date_gmt":"2019-07-19T00:28:39","guid":{"rendered":"https:\/\/www.fnarena.com\/?p=81545"},"modified":"2019-07-19T10:28:39","modified_gmt":"2019-07-19T00:28:39","slug":"next-week-at-a-glance-464","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2019\/07\/19\/next-week-at-a-glance-464\/","title":{"rendered":"Next Week At A Glance"},"content":{"rendered":"<p><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=\"https:\/\/www.fnarena.com\/index4.cfm?type=dsp_calendar\">FNArena Calendar<\/a><em>.<\/em><\/p>\n<p>By Greg Peel<\/p>\n<p>Up until last night a -25 rate cut from the Fed on July 31 was considered as good as certain, with -50 points considered around a 30% chance. The New York Fed president&rsquo;s comments last night have led to that probability increasing.<\/p>\n<p>One is reminded of the Fed&rsquo;s initial &ldquo;shock &amp; awe!&rdquo; cut of -50 points in late 2007, intended to end the Credit Crunch. There followed the GFC, zero rates and QE.<\/p>\n<p>Informing the FOMC&rsquo;s coin toss of -25 or -50 next week will be numbers for US manufacturing (estimate of July PMI), durable goods orders and at week&rsquo;s end, the first estimate of June quarter GDP.<\/p>\n<p>Australia, Japan and the eurozone will also see flash PMI estimates.<\/p>\n<p>The ECB holds a policy meeting on Thursday and the RBNZ on Friday.<\/p>\n<p>Local resource sector production reports continue into next week with the likes of Evolution Mining ((EVN)), OZ Minerals ((OZL)), Fortescue Metals ((FMG)) and Newcrest Mining ((NCM)) among that number.<\/p>\n<p>Macquarie Group ((MQG)) will hold its AGM.<\/p>\n<p>ResMed ((RMD)) will report quarterly earnings.<\/p>\n<\/p>\n<p><em>Find out why FNArena subscribers like the service so much: &quot;<a href=\"https:\/\/www.fnarena.com\/index.php\/2011\/04\/06\/rudis-view-your-feedback-thank-you\/\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n<p><em>FNArena&nbsp;is proud about its track record and past achievements: <a href=\"https:\/\/www.fnarena.com\/index.php\/2018\/10\/03\/rudis-view-ten-years-on-the-world-is-still-turning\/\">Ten Years On<\/a><\/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":81547,"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\/81545"}],"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=81545"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/81545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media\/81547"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=81545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=81545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=81545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}