Week ahead: Autumn Budget, US non-farm payrolls in focus

25th Oct 2024 16:00

(Sharecast News) - Investors' focus over the coming week will be on the Autumn Budget, on Wednesday. In it, the Chancellor is expected to announce a panoply of measures aimed at raising tens of billions of pounds in new tax measures.

Against that backdrop, on Friday the US Department of Labor will release its non-farm payrolls report for October, which could easily have an outsized impact on interest rate expectations around the globe.

Thursday meanwhile will bring with it readings on US inflation, including the Fed's preferred inflation gauge, the core PCE price index, as well as the third quarter Employment Cost Index.

On the same day, rate-setters in Japan will meet to decide on monetary policy.

Across the Channel, Tuesday will see the release of a preliminary reading for euro area gross domestic product growth in the third quarter.

Also due out are preliminary readings for German and Spanish consumer prices in October.

Survey compiler Caixin's factory sector Purchasing Managers' Index will be published on Friday.

Monday 28 October

INTERIM DIVIDEND PAYMENT DATE

Bridgepoint Group (Reg S) , Learning Technologies Group

GMS

Empyrean Energy

AGMS

City of London Investment Group, Net Zero Infrastructure

Tuesday 29 October

INTERIMS

C&C Group (CDI)

INTERIM DIVIDEND PAYMENT DATE

Panther Securities

QUARTERLY EX-DIVIDEND DATE

I3 Energy

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (14:00)

GFK Consumer Confidence (GER) (07:00)

House Price Index (US) (13:00)

Q3

Banco Santander S.A., BP, Fidelity Asian Values, HSBC Holdings, Jyske Bank A/S

GMS

Earnz

FINALS

CAP-XX Limited, Sareum Holdings, Ultimate Products , YouGov

SPECIAL DIVIDEND PAYMENT DATE

BioPharma Credit

EGMS

SDIC Power Holdings Co.,Ltd GDR (Reg S)

AGMS

Indus Gas Ltd., Medcaw Investments

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

Wednesday 30 October

INTERIM EX-DIVIDEND DATE

Banco Santander S.A.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Crude Oil Inventories (US) (14:30)

Economic Sentiment Indicator (EU) (10:00)

GDP (Preliminary) (EU) (09:00)

GDP (Preliminary) (GER) (07:00)

GDP (Preliminary) (US) (12:30)

Industrial Confidence (EU) (10:00)

MBA Mortgage Applications (US) (11:00)

Pending Homes Sales (US) (14:00)

Services Sentiment (EU) (10:00)

Q3

Smurfit Westrock (DI), Standard Chartered

GMS

Air China Ltd.

FINALS

Grit Real Estate Income Group Limited NPV

SPECIAL DIVIDEND PAYMENT DATE

FIH Group

AGMS

BHP Group Limited NPV (DI), Frontier Developments, Hargreaves Services, Moh Nippon, Springfield Properties

TRADING ANNOUNCEMENTS

Next, Smurfit Westrock (DI)

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

FINAL DIVIDEND PAYMENT DATE

FIH Group

Thursday 31 October

INTERIMS

Vela Technologies

INTERIM DIVIDEND PAYMENT DATE

Life Science REIT, Petershill Partners , Phoenix Group Holdings , Wynnstay Group

INTERIM EX-DIVIDEND DATE

Aurora Investment Trust, Balfour Beatty, BlackRock Smaller Companies Trust, Bloomsbury Publishing, Burford Capital NPV (DI), Card Factory, Hilton Food Group, London Security, Maven Income & Growth VCT, Octopus AIM VCT 2, Tribal Group, Whitbread

QUARTERLY PAYMENT DATE

CT Private Equity Trust, Middlefield Canadian Income PCC

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (13:45)

Continuing Claims (US) (12:30)

Employment Cost Index (US) (12:30)

Initial Jobless Claims (US) (12:30)

Personal Consumption Expenditures (US) (12:30)

Personal Income (US) (12:30)

Personal Spending (US) (12:30)

Unemployment Rate (EU) (10:00)

Unemployment Rate (GER) (08:55)

Q3

PPHE Hotel Group Ltd, Shell

GMS

Armadale Capital

FINALS

Seeing Machines Ltd. NPV (DI)

SPECIAL DIVIDEND PAYMENT DATE

Petershill Partners

SPECIAL EX-DIVIDEND DATE

Downing Strategic Micro-Cap Investment Trust Red, Foresight Enterprise VCT

AGMS

City of London Inv Trust, Filtronic, Grand Vision Media Holdings , Investment Company, TheWorks.Co.Uk

TRADING ANNOUNCEMENTS

PPHE Hotel Group Ltd, Smith & Nephew

UK ECONOMIC ANNOUNCEMENTS

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Chemring 7% Cumulative Preference Shares 1, Heavitree Brewery 11 1/2% Cum Prf , Latham (James) 8% Cumulative Preference 1

FINAL EX-DIVIDEND DATE

Abrdn UK Smaller Companies Growth Trust, CVS Group, Dunelm Group, Gattaca, NWF Group, PZ Cussons, Renishaw, Ricardo, Sylvania Platinum Ltd (DI), The European Smaller Companies Trust, Wilmington

Friday 01 November

INTERIM DIVIDEND PAYMENT DATE

Andrews Sykes Group, Aquila Energy Efficiency Trust, Banco Santander S.A., Barr (A.G.), Breedon Group , Chesnara, FDM Group (Holdings), Fintel, Franchise Brands, Johnson Service Group, M. P. Evans Group, Mortgage Advice Bureau (Holdings) , Unite Group, Weir Group, WPP

QUARTERLY PAYMENT DATE

British American Tobacco, CT UK High Income Trust, CT UK High Income Trust B , Mercantile Investment Trust (The)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Construction Spending (US) (14:00)

ISM Manufacturing (US) (14:00)

ISM Prices Paid (US) (14:00)

Non-Farm Payrolls (US) (12:30)

PMI Manufacturing (US) (13:45)

Unemployment Rate (US) (12:30)

GMS

Armadale Capital, Trafalgar Property Group

EGMS

X5 Retail Group NV GDR (Reg S)

FINAL DIVIDEND PAYMENT DATE

Alumasc Group, Arcontech Group, Barratt Redrow, Brooks Macdonald Group, Hargreaves Lansdown, Mercia Asset Management