Investor Signposts: Week starting 26 June 16: The financial year draws to a close.

The financial year draws to a close.

The 2015/16 financial year ends on Thursday and there will be the usual retrospective look on the year’s results. There is also a healthy schedule of economic data over the week.

In Australia, the week begins on Tuesday when ANZ and Roy Morgan issue the weekly consumer sentiment reading. At present households are in a happy place, with consumer confidence at a 2½-year high. Lower interest rates, cheap petrol prices and improved job security are all freeing up a few more spending dollars. 

US home prices and Chinese manufacturing activity dominates interest.

In the US the highlight in the coming week is the release of manufacturing activity and home prices. And in China, gauges on manufacturing are also released. 

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