Week ahead: China foreign trade and inflation data, services PMIs in focus

2nd Aug 2024 14:38

(Sharecast News) - The market spotlight over the coming week will shift to Asia.

On Wednesday, China's Customs Administration is scheduled to publish foreign trade numbers covering the month of July.

They will be followed, on Friday, by readings for consumer and producer prices in the Asian giant covering that same month.

Tuesday meanwhile will bring with it a monetary policy decision out of the Reserve Bank of Australia.

Investors will also be keeping close tabs on a raft of services sector surveys that will be published in China, the euro area, UK and US on Monday.

Following a much weaker-than-expected reading on US July non-farm payrolls during the preceding week, financial markets may be more sensitive than up until now if faced with signs of weakness in the US consumer.

German factory orders and eurozone retail sales figures for June on Tuesday may also make for an interesting read.

Monday 05 August

INTERIMS

Air Astana Joint Stock Company Gdr (Each Repr 4 Com Shs) (Reg S), Kosmos Energy (DI)

QUARTERLY EX-DIVIDEND DATE

Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ISM Prices Paid (US) (15:00)

ISM Services (US) (15:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:55)

PMI Composite (US) (14:45)

PMI Services (EU) (09:00)

PMI Services (GER) (08:55)

PMI Services (US) (14:45)

Producer Price Index (EU) (10:00)

GMS

Downing Strategic Micro-Cap Investment Trust Red

AGMS

NewRiver REIT, Windar Photonics

UK ECONOMIC ANNOUNCEMENTS

PMI Composite (09:30)

PMI Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Mitie Group

Tuesday 06 August

INTERIMS

Abrdn , Genel Energy, InterContinental Hotels Group, International Workplace Group, Maxcyte (DI), Rotork, SIG, Spirent Communications, Travis Perkins, XP Power Ltd. (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (US) (13:30)

Factory Orders (GER) (07:00)

Retail Sales (EU) (10:00)

AGMS

Eqtec (CDI), Syncona Limited NPV

UK ECONOMIC ANNOUNCEMENTS

BRC Sales Monitor (00:01)

PMI Construction (09:30)

FINAL DIVIDEND PAYMENT DATE

Cake Box Holdings, Johnson Matthey, Tatton Asset Management

Wednesday 07 August

INTERIMS

Bank of Cyprus Holdings Public Limited Company (CDI), CLS Holdings, Coca-Cola HBC AG (CDI), Glencore , Ibstock , LSL Property Services, TP Icap Group , Tritax Big Box Reit , WPP

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (GER) (07:00)

Consumer Credit (US) (20:00)

Crude Oil inventories (US) (15:30)

Industrial Production (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

Q2

Hellenic Telecommunications Organization S.A. ADS(REPR 1/2 OF 1 SHS GRD750)

AGMS

Bushveld Minerals Limited

UK ECONOMIC ANNOUNCEMENTS

Halifax House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

VP

Thursday 08 August

INTERIMS

Beazley, Derwent London, Entain, Harbour Energy , Helios Towers , Hikma Pharmaceuticals, Hostelworld Group , Impact Healthcare Reit , IRISH RESIDENTIAL PROPERTIES REIT P IRISH RESIDENTIAL PROPERTIES ORD SHS, Lancashire Holdings Limited, Lancashire Holdings Limited, Mears Group, Serco Group, Serco Group, Spirax Group, TI Fluid Systems, TT Electronics

INTERIM DIVIDEND PAYMENT DATE

Safestore Holdings

INTERIM EX-DIVIDEND DATE

Aberforth Smaller Companies Trust, Avon Protection, Baronsmead Second Venture Trust, Baronsmead Venture Trust, Foxtons Group , Fresnillo, IMI, Inchcape, Informa, Jupiter Fund Management , Man Group, Maven Income & Growth 3 VCT, Maven Income and Growth VCT 5, Melrose Industries, NATWEST GROUP, Pearson, Rentokil Initial, SEGRO, Standard Chartered, Taylor Maritime Investments Limited NPV, Vesuvius

QUARTERLY EX-DIVIDEND DATE

BP, Chenavari Toro Income Fund Limited NPV, Picton Property Income Ltd, Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Wholesales Inventories (US) (15:00)

Q2

Allianz Technology Trust

GMS

Arecor Therapeutics

FINALS

Burford Capital NPV (DI)

AGMS

Harvest Minerals Limited (DI), Marks Electrical Group, Oracle Power , TwentyFour Select Monthly Income Fund Limited

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Ninety One

FINAL EX-DIVIDEND DATE

Ashtead Group, BT Group, Calculus VCT , Creightons, CVC Income & Growth Limited NPV Euro, CVC Income & Growth Limited NPV GBP, Halfords Group, Lindsell Train Inv Trust, Monks Inv Trust, National World , Renold, Rockwood Strategic, Speedy Hire

Friday 09 August

INTERIMS

FBD Holdings (CDI), The Renewables Infrastructure Group Limited

INTERIM DIVIDEND PAYMENT DATE

Schroder UK Mid Cap Fund

QUARTERLY PAYMENT DATE

Tufton Oceanic Assets Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

FINALS

Hargreaves Lansdown

TRADING ANNOUNCEMENTS

Bellway

FINAL DIVIDEND PAYMENT DATE

Atalaya Mining, Caffyns, CMC Markets, Next 15 Group, Sanderson Design Group