A quick look at the week ahead
This is a holiday-shortened three-day trading week; on the PSE, the scheduled events start (and end) today with the Alternergy [ALTER 0.76 unch] ownership group’s shares coming out of mandatory lockup. Approximately 50% of ALTER’s 3.9 billion common shares will become active and available for trading this morning. In international markets, there aren’t really any big events scheduled either. The parade of central banks announcing interest rate decisions will continue, but this is more of the B-tier and C-tier markets that don’t have a big impact on global sentiment, like Ghana (today), Hungary (tomorrow), and Nigeria (tomorrow). That said, we’ll hear from Sweden and South Africa on Wednesday. It’s not like last week when we had Japan, Australia, Indonesia, USA, Brazil, Taiwan, Norway, Switzerland, Turkey, the UK, and Mexico announce.
