The Week Ahead
Sign up now and each week you’ll receive for FREE:
A calendar of next week’s biggest market-moving events, including key economic reports and company announcements
A video interview with one of our financial analysts, offering expert commentary and insight
A heads up on upcoming trading opportunities and markets to watch
Week commencing 22 June
Chris Beauchamp insight
The flash (initial) readings for the June purchasing manager's indices provide an insight into the global economy as it recovers from the war in Iran and the energy price surge. Other key data include the German IFO reading for June and US durable goods orders. Corporate earnings are light, but in the UK defence firm Babcock and housebuilder Berkeley are highlights, while in the US FedEx reports, a useful bellwether on the economy.
Economic reports
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Weekly view
1.30pm (London time) – Canada inflation (May): prices expected to rise 2.9% YoY and 0.6% MoM, from 2.8% and 0.4% respectively. Markets to watch: CAD crosses
1.30am (London time) – Japan PMIs (June, flash): manufacturing activity to fall to 53.6 from 54.5. Markets to watch: JPY crosses
8.30am (London time) – German PMIs (June, flash): manufacturing activity forecast to slip into contraction territory at 49, down from 50.1. Markets to watch: EUR crosses
9.30am (London time) – UK PMIs (June, flash): manufacturing PMI expected to fall to 53.4 from 53.9, and services to rise to 51.9 from 49.3, moving back into expansion. Markets to watch: GBP crosses
2.45pm (London time) – US PMIs (June, flash): services PMI expected to fall to 50.4 from 50.7, and manufacturing to fall to 54.5 from 55.1. Markets to watch: USD crosses
2.30am (London time) – Australia inflation (May): prices expected to rise by 4.9% YoY and 0.2% MoM, from 4.2% and 0.4% respectively. Markets to watch: AUD crosses
9am (London time) – German IFO business climate index (June): expected to fall to 84.2 from 84.9. Markets to watch: EUR crosses
3.30pm (London time) – US EIA crude oil inventories (w/e 19 June): stockpiles fell by 8.2 million barrels in the previous week. Markets to watch: Brent, WTI
1.30pm (London time) – US PCE price index (May), durable goods orders (May), initial jobless claims (w/e 20 June): core PCE expected to be 0.2% MoM, durable goods orders forecast to fall 3.2%, and initial jobless claims expected to fall to 225K from 226K. Markets to watch: USD crosses
None
Monday
1.30pm (London time) – Canada inflation (May): prices expected to rise 2.9% YoY and 0.6% MoM, from 2.8% and 0.4% respectively. Markets to watch: CAD crosses
Tuesday
1.30am (London time) – Japan PMIs (June, flash): manufacturing activity to fall to 53.6 from 54.5. Markets to watch: JPY crosses
8.30am (London time) – German PMIs (June, flash): manufacturing activity forecast to slip into contraction territory at 49, down from 50.1. Markets to watch: EUR crosses
9.30am (London time) – UK PMIs (June, flash): manufacturing PMI expected to fall to 53.4 from 53.9, and services to rise to 51.9 from 49.3, moving back into expansion. Markets to watch: GBP crosses
2.45pm (London time) – US PMIs (June, flash): services PMI expected to fall to 50.4 from 50.7, and manufacturing to fall to 54.5 from 55.1. Markets to watch: USD crosses
Wednesday
2.30am (London time) – Australia inflation (May): prices expected to rise by 4.9% YoY and 0.2% MoM, from 4.2% and 0.4% respectively. Markets to watch: AUD crosses
9am (London time) – German IFO business climate index (June): expected to fall to 84.2 from 84.9. Markets to watch: EUR crosses
3.30pm (London time) – US EIA crude oil inventories (w/e 19 June): stockpiles fell by 8.2 million barrels in the previous week. Markets to watch: Brent, WTI
Thursday
1.30pm (London time) – US PCE price index (May), durable goods orders (May), initial jobless claims (w/e 20 June): core PCE expected to be 0.2% MoM, durable goods orders forecast to fall 3.2%, and initial jobless claims expected to fall to 225K from 226K. Markets to watch: USD crosses
Friday
None
Company announcements
Dividends
FTSE 100: Int'l Cons Airlines, United Utilities, Lion Finance, Experian, Metlen Energy & Metals
FTSE 250: WAG Payment Solutions, Premier Foods, Hollywood Bowl, discoverIE
Dividends are applied after the close of the previous day’s session for each market. So, for example, the FTSE 100 goes ex-dividend on a Thursday, but the adjustment is applied at the close of the previous day, e.g. Wednesday. The table below shows the days in which the adjustment is applied, not the ex-dividend days.
Index adjustments
| Monday 22-Jun |
Tuesday 23-Jun |
Wednesday 24-Jun |
Thursday 25-Jun |
Friday 26-Jun |
Monday 29-Jun |
|
| FTSE 100 | 3.72 | |||||
| Australia 200 | 10.7 | |||||
| Wall Street | 4.6 | |||||
| US 500 | 0.07 | 0.05 | 0.34 | 0.22 | 0.01 | 0.79 |
| Nasdaq | 0.56 | 0.42 | 0.99 | |||
| Netherlands 25 | ||||||
| EU Stocks 50 | 2.6 | |||||
| China H-Shares | 1.6 | 2.6 | 5.3 | 10.3 | 13.1 | |
| Singapore Blue Chip | ||||||
| Hong Kong HS50 | 3.3 | 2.8 | 0.5 | |||
| South Africa 40 | ||||||
| Japan 225 | 47.6 |
* Please note these can change without notice
1 Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Open a CFD account today
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years' experience, we’re proud to offer a truly market-leading service
Connect with us
Disclaimers
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Professional Clients can lose more than they deposit.
- The value of shares and ETFs bought through an IG stock trading account can fall as well as rise, which could mean getting back less than you originally put in. Please ensure you fully understand the risks and take care to manage your exposure.
- IG does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. IG is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
- IG is a trading name of IG Limited a company registered at 2702 & 2703 Level 27, Tower 2, Al Fattan Currency House, DIFC, Dubai, United Arab Emirates. IG is authorised and regulated by the Dubai Financial Services Authority (DFSA) under reference No. F001780.
- The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UAE and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
