The Week Ahead
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
The first week of June will be a busy one for economic data, with GDP, building approvals and retail sales figures due. A raft of private economic indicators are also scheduled, with the Australian Industry Group set to publish its regular monthly updates on the health of the manufacturing, services and construction sectors, while private reads on inflation and house prices are also out.
The Reserve Bank will make its monthly interest rate decision, with no surprises expected, while key speakers include Telstra chief executive David Thodey and Insurance Australia Group boss Mike Wilkins.
Offshore, Chinese manufacturing data is due, while US news will include employment figures and the Federal Reserve’s Beige Book.
RBA
The central bank is expected to keep interest rates on hold this week, but any change in its language will be closely scrutinised.
On Tuesday, the Reserve Bank of Australia will hold its monthly board meeting. The central bank is not expected to change the official cash rate, after last month saying low rates would stay in place “for some time yet”.
On Wednesday, payments policy department head Tony Richards will speak at the Australian Savings and Deposits Conference in Sydney.
The same evening, financial stability department head Luci Ellis will deliver a speech at the University of Adelaide.
Local news
GDP, building approvals and retail sales numbers will be on the wires this week.
On Monday, the Australian Bureau of Statistics will publish company profits numbers for the March quarter and building approvals data for April.
The Australian Industry Group will publish its performance of manufacturing index for May.
The RP Data-Rismark house price index for May and the TD Securities inflation gauge for the same month are also due.
On Tuesday, the ABS will release retail sales data for April and the current account balance for the March quarter.
On Wednesday, the ABS will disclose gross domestic product figures for the March quarter.
Ai Group will publish its May performance of services index.
On Thursday, the ABS will reveal the trade balance for April.
On Friday, Ai Group’s May performance of construction index will print.
Corporate
Corporate news flow is set to be light, although Challenger’s update will offer insights into the performance of the wealth management industry.
On Tuesday, CSR will trade ex-dividend.
On Wednesday, Perseus Mining will hold its annual general meeting, Challenger will hold an investor business update and Kathmandu will trade ex-dividend.
Overseas
The United States has some key data releases scheduled this week, including non-farm payrolls and the Federal Reserve’s Beige Book. In China, manufacturing data will be closely watched.
On Sunday, in China, the official manufacturing purchasing managers’ index for May is tipped to rise to 50.7.
On Tuesday, in the US, the May ISM manufacturing survey and the Markit manufacturing purchasing managers’ index for the same month are due, while April construction spending is tipped to lift 0.5 per cent.
In China, official non-manufacturing is expected, while HSBC’s manufacturing read is also due.
On Wednesday, in the US, May vehicle sales and April factory orders data will print.
On Thursday, the Federal Reserve will release its Beige Book.
The April trade deficit is tipped to widen to $US41 billion, while Markit’s services PMI is scheduled.
Weekly mortgage applications and jobs numbers are also due.
In China, HSBC’s May services PMI will be published.
On Friday, in the US, weekly jobless claims and the Bloomberg consumer comfort survey are expected.
Late Friday, May non-farm payrolls numbers are expected to fall to 217,000, while the unemployment rate is tipped to edge up to 6.4 per cent.
Wrapping up
Highlights of the speaking schedule this week include Telstra chief executive David Thodey, Insurance Australia Group boss Mike Wilkins, and former prime ministers John Howard and Bob Hawke.
On Tuesday, in Melbourne, Telstra chief executive David Thodey will speak at a lunch hosted by the Committee for Economic Development of Australia.
On Wednesday, in Canberra, former prime ministers John Howard and Bob Hawke will speak at the 50th anniversary celebrations of the National Press Club.
In Sydney, Insurance Australia Group chief executive Mike Wilkins will speak at a Trans-Tasman Business Circle lunch.
In Melbourne, Australia Post chairman John Stanhope will speak at an American Chamber of Commerce in Australia lunch.
On Thursday, in Brisbane, chairman of the Prime Minister’s business advisory council Maurice Newman will speak at a CEDA lunch.
In Perth, BC Iron managing director will speak at an AmCham lunch.
On Friday, in Melbourne, parliamentary secretary to the Prime Minister Josh Frydenberg will speak at a CEDA lunch.
In Perth, Senator Michaelia Cash will speak at a CEDA lunch.
In Hobart, Investec Bank chairman David Gonski will speak at a lunch hosted by the Australian Institute of Company Directors.
In Geelong, Newcrest Mining chairman Peter Hay will speak at an AICD lunch.
Call 1300 880 160
Start a chat
Schedule a call
