Wednesday preview: US Treasury auction, Riksbank in focus

7th May 2024 13:55

(Sharecast News) - Investors' focus in the middle of the week will be on the latest US Treasury auction results, given concerns in some quarters regarding public debt dynamics in the world's largest economy.

At 1800 BST, the Treasury will sell $42bn in 10-year notes.

Earlier, at 1530 BST the Department of Energy will release its weekly crude oil inventory data.

Across the Channel meanwhile, Sweden's central bank will be closely watched to see if policymakers announce a 25 basis point cut to its main policy rate, to 3.75%, as expected by the consensus.

At 0700 BST Germany's ministry of Finance will publish German industrial production figures for March.

No major economic reports are scheduled for release in the UK on Wednesday.

Wednesday 08 May

INTERIMS

Virgin Money UK

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Industrial Production (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

Wholesales Inventories (US) (15:00)

FINALS

Alliance Pharma, Boohoo Group, Brighton Pier Group (The), Cornerstone FS

AGMS

Abrdn Asian Income Fund Limited NPV, AIREA, Antofagasta, Bradda Head Lithium Limited NPV (DI), Deltex Medical Group, DFI Retail Group Holdings Limited (Sing.Reg), Direct Line Insurance Group, GSK, Haleon , Hongkong Land Holding Ltd. (Sing.Reg), Jardine Matheson Holdings Ltd (Singapore Reg), Mandarin Oriental International (Singapore), Pershing Square Holdings Ltd NPV, Rentokil Initial, WPP, X5 Retail Group NV GDR (Reg S)

TRADING ANNOUNCEMENTS

OSB Group , Renishaw

FINAL DIVIDEND PAYMENT DATE

Melrose Industries, Personal Group Holdings

Q1

Nova Ljubljanska Banka D.D., Ljubljana GDR (Reg S)