Earnings season continues for another week, although the deluge of reports will ease a little. Key releases are scheduled from Woolworths, Qantas, Virgin, QBE, Whitehaven Coal and Oil Search.
It’s a housing-themed week in data releases, with construction work data expected locally, while property prices data is due out in China, as well as house prices and new home sales figures in the United States.
Speakers to watch this week include Treasury Secretary Martin Parkinson and Fairfax Media chairman Roger Corbett.
Reserve Bank of Australia
With its monthly interest rate decision and accompanying meeting minutes out of the way, the Reserve Bank of Australia is set for a quiet week that includes a panel appearance by its governor.
On Wednesday, RBA governor Glenn Stevens will be a panel discussant at the Australia-Canada Economic Leadership Forum in Melbourne.
On Friday, the central bank will release its financial aggregates data, showing private sector credit figures for January.
Data flow will ease in the last week of the month, although construction work data may provide insights into the local property sector.
On Tuesday, the Australian Bureau of Statistics will release December producer price indexes and December quarter balance of payments data.
On Wednesday, the ABS will publish December quarter construction work data.
The Housing Industry Association will also release its outlook.
On Thursday, private capital expenditure data for the December quarter will print.
The pace of earnings reports will slow slightly this week, with key releases from Woolworths, Qantas, Virgin, QBE, Whitehaven Coal and Oil Search.
On Monday, full-year results are expected from Boart Longyear, Beach Energy and Caltex Australia.
BlueScope Steel is scheduled to post half-year results.
On Tuesday, half-year earnings are expected from Atlas Iron, AWE, IOOF Holdings, QBE Insurance Group and SFG Australia.
Oil Search is set to unveil full-year earnings.
On Wednesday, half-year results are scheduled for AGL Energy, BC Iron, Forge Group, Flight Centre, Infigen Energy, Lend Lease Group, Whitehaven Coal, WorleyParsons and Wotif.com Holdings.
Full-year results are expected from Sydney Airport and Westfield Retail Trust.
On Thursday, Countplus, Nine Entertainment Group, Perpetual and Qantas Airways are set to report half-year earnings.
Macquarie Atlas Roads Group will unveil its full-year results.
On Friday, half-year results are due from Calibre Group, Harvey Norman, Virgin Australia Holdings and Woolworths.
Full-year results are expected from Aurora Oil and Gas, while James Hardie Industries will post third-quarter results.
There’s plenty of housing news around this week, with property prices data due out in China, and house prices and new home sales figures in the United States.
On Monday, in China, January property prices will print.
On Tuesday, the Conference Board China January leading economic index is expected.
On Wednesday, in the United States, the December house price index will print, with Bloomberg economists tipping a 0.5 per cent lift, while the February consumer confidence index is tipped to fall to 80.0.
On Thursday, January new home sales figures will be disclosed, with Bloomberg economists tipping a 1 per cent fall.
On Friday, January durable goods orders are expected to fall by one per cent, while initial jobless claims data and the Bloomberg consumer comfort survey will also be released.
Late Friday, Fourth quarter GDP data will print, with a 2.6 per cent quarter on quarter lift expected, while January pending home sales are forecast to lift 2 per cent.
The February Chicago purchasing manager’s index and the University of Michigan confidence survey will also be unveiled.
On Saturday, in China, February manufacturing PMI is due.
Speeches of note this week will be delivered by Treasury Secretary Martin Parkinson and Fairfax Media chairman Roger Corbett.
On Wednesday, Universities Australia chair Sandra Harding will speak at the National Press Club in Canberra.
On Thursday, Treasury Secretary Martin Parkinson and Citi Chief Country Officer Stephen Roberts will speak at a Committee for Economic Development of Australia lunch in Melbourne.
On Friday, Senator Michaelia Cash will speak at a CEDA lunch in Sydney.
Also in Sydney, Fairfax Media Chairman Roger Corbett and Commonwealth Bank Chief economist Michael Blythe will speak on a Trans-Tasman Business Circle panel.
In Melbourne, Victorian Planning Minister Matthew Guy will speak at a CEDA lunch.
In Perth, Australian Petroleum Production and Exploration Association Advisory Board chair Martin Ferguson will speak at a CEDA lunch.