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 potential price movements and markets to watch
Week commencing 3 February
Chris Beauchamp insight
US payrolls on Friday dominate the week, along with an expected rate cut by the Bank of England (BoE). It is slightly less frenetic on the earnings front, but Palantir and Amazon earnings will be front and centre, and in the UK pharma giants GSK and AstraZeneca report earnings.
Economic reports
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Weekly view
1.45am – China Caixin manufacturing purchasing managers index (PMI) (January): expected to hold at 50.5. Markets to watch: CNH crosses
10am – eurozone CPI (January, flash): expected to fall to 2.3% year-on-year (YoY). Core CPI to fall to 2.6%. Markets to watch: EUR crosses
3pm – US ISM manufacturing PMI (January): index expected to rise to 49.8 from 49.3. Markets to watch: USD crosses
None
1.45am – China Caixin services PMI (January): index expected to fall to 51.8 from 52.2. Markets to watch: CNH crosses
1.15pm – US ADP employment report (January): expected to show 115K jobs created, from 122K last month. Markets to watch: USD crosses
3pm – US ISM services PMI (January): forecast to fall to 54 from 54.1. Markets to watch: USD crosses
3.30pm – US EIA crude oil inventories (w/e 31 January): stockpiles rose to 3.5 million barrels in the preceding week. Markets to watch: Brent, WTI
9.30am – UK construction PMI (January): expected to rise to 53.5 from 53.3. Markets to watch: GBP crosses
12pm – BoE rate decision: rates expected to be cut to 4.5% from 4.75%. Markets to watch: GBP crosses
1.30pm – US initial jobless claims (w/e 1 February): claims expected to rise to 215K from 207K. Markets to watch: US indices, USD crosses
3pm – Canada Ivey PMI (January): expected to fall to 54.2 from 54.7. Markets to watch: CAD crosses
1.30pm – US non-farm payrolls (January): 205K jobs expected to have been created, down from 265K in December. Unemployment rate expected to hold at 4.1%. Average hourly earnings forecast to rise 0.3% month-on-month (MoM) and 3.9% YoY, in line with the previous month. Markets to watch: US indices, USD crosses
1.30pm – Canada employment data (January): unemployment rate to rise to 6.8% from 6.7%. Markets to watch: CAD crosses
3pm – US Michigan consumer confidence (February, preliminary): index expected to rise to 72 from 71.1. Markets to watch: USD crosses
Monday
1.45am – China Caixin manufacturing PMI (January): expected to hold at 50.5. Markets to watch: CNH crosses
10am – eurozone CPI (January, flash): expected to fall to 2.3% YoY. Core CPI to fall to 2.6%. Markets to watch: EUR crosses
3pm – US ISM manufacturing PMI (January): index expected to rise to 49.8 from 49.3. Markets to watch: USD crosses
Tuesday
None
Wednesday
1.45am – China Caixin services PMI (January): index expected to fall to 51.8 from 52.2. Markets to watch: CNH crosses
1.15pm – US ADP employment report (January): expected to show 115K jobs created, from 122K last month. Markets to watch: USD crosses
3pm – US ISM services PMI (January): forecast to fall to 54 from 54.1. Markets to watch: USD crosses
3.30pm – US EIA crude oil inventories (w/e 31 January): stockpiles rose to 3.5 million barrels in the preceding week. Markets to watch: Brent, WTI
Thursday
9.30am – UK construction PMI (January): expected to rise to 53.5 from 53.3. Markets to watch: GBP crosses
12pm – BoE rate decision: rates expected to be cut to 4.5% from 4.75%. Markets to watch: GBP crosses
1.30pm – US initial jobless claims (w/e 1 February): claims expected to rise to 215K from 207K. Markets to watch: US indices, USD crosses
3pm – Canada Ivey PMI (January): expected to fall to 54.2 from 54.7. Markets to watch: CAD crosses
Friday
1.30pm – US non-farm payrolls (January): 205K jobs expected to have been created, down from 265K in December. Unemployment rate expected to hold at 4.1%. Average hourly earnings forecast to rise 0.3% MoM and 3.9% YoY, in line with the previous month. Markets to watch: US indices, USD crosses
1.30pm – Canada employment data (January): unemployment rate to rise to 6.8% from 6.7%. Markets to watch: CAD crosses
3pm – US Michigan consumer confidence (February, preliminary): index expected to rise to 72 from 71.1. Markets to watch: USD crosses
Company announcements
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Full-year earnings |
|
GSK | AstraZeneca |
|
|
Half/ Quarterly earnings |
|
||||
Trading update* |
|
|
|
|
|
Dividends
FTSE 100: None
FTSE 250: Paragon Banking, GCP Infrastructure, Polar Capital
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 3 February |
Tuesday 4 February |
Wednesday 5 February |
Thursday 6 February |
Friday 7 February |
Monday 10 February |
FTSE 100 | ||||||
Australia 200 | ||||||
Wall Street | 11.8 | 3.6 | ||||
US 500 | 0.36 | 0.49 | 0.89 | 0.15 | ||
Nasdaq | 1.16 | 2.71 | 0.49 | |||
Netherlands 25 | 0.2 | |||||
EU Stocks 50 | 0.2 | 0.9 | ||||
China H-Shares | ||||||
Singapore Blue Chip | 0.29 | 0.32 | ||||
Hong Kong HS50 | ||||||
South Africa 40 | ||||||
Italy 40 | ||||||
Japan 225 |
* 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
*Demo accounts are only available for spread betting and CFD trading.
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to 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 50 years of experience, we’re proud to offer a truly market-leading service
*Demo accounts are only available for spread betting and CFD trading.
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to 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 50 years of experience, we’re proud to offer a truly market-leading service