Week ahead: US, euro area inflation data in focus

24th May 2024 14:02

(Sharecast News) - The coming holiday-shortened trading week will back-end loaded on both sides of the Atlantic in terms of economic data.

Key for investors will be the inflation gauges for April contained in the US personal income and spending report due out on Friday.

To be published that same day area a reading on euro area consumer prices in May and another for consumer credit and money supply growth in the UK.

On home shores, Nationwide's house price survey for May, on Thursday, will also draw attention, as will a speech later in the session from BoE chief Andrew Bailey.

Monday will bring with it the IFO institute's closely followed gauge of business confidence index in Germany during the month of May.

Multiple US Treasury auctions and Fed speakers are scheduled for Tuesday.

UK and US financial markets will remain closed on Monday.

OPEC energy ministers will meet via video conference on 2 June.

Monday 27 May

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

Tuesday 28 May

INTERIMS

Victorian Plumbing Group

QUARTERLY PAYMENT DATE

Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (15:00)

House Price Index (US) (14:00)

Wholesale Price Index (GER) (07:00)

GMS

Diversified Energy Company

FINALS

Griffin Mining Ltd., Theracryf , Xeros Technology Group

EGMS

Abrdn Property Income Trust Limited

AGMS

Aeci 5 1/2% Prf, Genuit Group, Third Point Investors Limited NPV $, TMT Investments

FINAL DIVIDEND PAYMENT DATE

Chesnara, Costain Group, Foxtons Group , Quilter, Team Internet Group

Wednesday 29 May

INTERIMS

Impax Asset Management Group, React Group

INTERIM EX-DIVIDEND DATE

NOTTS.B.S. 7 7/8% PERM INT BEARING SHS

QUARTERLY EX-DIVIDEND DATE

Wheaton Precious Metals Corp.NPV (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (GER) (07:00)

M3 Money Supply (EU) (09:00)

MBA Mortgage Applications (US) (12:00)

GMS

B&M European Value Retail S.A. (DI)

FINALS

Pets at Home Group

SPECIAL DIVIDEND PAYMENT DATE

Seplat Energy (DI)

AGMS

Biome Technologies, CloudCoco Group , CT Private Equity Trust, Glencore , Integrated Diagnostics Holdings, Mercantile Investment Trust (The), UK Oil & Gas , Xaar

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

FINAL DIVIDEND PAYMENT DATE

Bakkavor Group , Croda International, Fresnillo, Mortgage Advice Bureau (Holdings) , Seplat Energy (DI), Stelrad Group , Tyman

Q1

Bank of Georgia Group

Thursday 30 May

INTERIM DIVIDEND PAYMENT DATE

DFS Furniture

INTERIM EX-DIVIDEND DATE

Associated British Foods, British Smaller Companies VCT 2, Britvic, Cerillion , Croda International 5.9% Cumulative Preference 1, Croda International 6.6% Cumulative Preference 1, Ecclesiastical Insurance 8.625% Non-Cum Irr Pref Shares, Henderson EuroTrust, Mobeus Income & Growth 2 Vct, On The Beach Group , Origin Enterprises (CDI), Rotork 9.5% Cum Prf. #1, Sage Group, SSP Group , Ultimate Products , Victrex plc

QUARTERLY EX-DIVIDEND DATE

BlackRock World Mining Trust, Canadian General Investments Ltd., Downing Renewables & Infrastructure Trust, Law Debenture Corp., Petrotal Corporation NPV (DI), Premier Miton Global Renewables Trust, Regional REIT Limited, Seplat Energy (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Continuing Claims (US) (13:30)

Crude Oil Inventories (US) (15:00)

Economic Sentiment Indicator (EU) (10:00)

GDP (Preliminary) (US) (13:30)

Industrial Confidence (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Pending Homes Sales (US) (15:00)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

Services Sentiment (EU) (10:00)

Unemployment Rate (EU) (10:00)

FINALS

Auto Trader Group , HarbourVest Global Private Equity Limited A Shs, One Media IP Group

SPECIAL DIVIDEND PAYMENT DATE

Alfa Financial Software Holdings

SPECIAL EX-DIVIDEND DATE

Octopus AIM VCT 2

AGMS

Aferian, Air Astana Joint Stock Company Gdr (Each Repr 4 Com Shs) (Reg S), Air China Ltd., Ashtead Technology Holdings, Bodycote, Bodycote, Endeavour Mining, EnQuest, Fisher (James) & Sons, Kelso Group Holdings, Learning Technologies Group , Mast Energy Developments , National World , One Media IP Group, RM Infrastructure Income, Roebuck Food Group Public Limited Company (CDI)

UK ECONOMIC ANNOUNCEMENTS

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Baillie Gifford Shin Nippon, Coats Group, Dowlais Group, Macfarlane Group, Vanquis Banking Group 20

FINAL EX-DIVIDEND DATE

Advanced Medical Solutions Group, Alfa Financial Software Holdings , Anexo Group , Card Factory, Centamin (DI), Centrica, Coca-Cola HBC AG (CDI), Fuller Smith and Turner 6% 1st Cumulative Preference 1, Fuller Smith and Turner 8% 2nd Cumulative Preference 1, Gamma Communications, Great Portland Estates, H&T Group, Hill and Smith, Hilton Food Group, Intertek Group, James Halstead 5.5% Cumulative Preference 1, JTC, Kakuzi Ltd., Keller Group, Likewise Group, LMS Capital, Marks & Spencer Group, Octopus AIM VCT 2, Renold 6% Cum. Prfd., Severn Trent, Yu Group

Friday 31 May

INTERIM DIVIDEND PAYMENT DATE

Kier Group, Mobeus Income & Growth Vct, Natwest Group 11% Cum Non-Red Prf Gbp1 , Natwest Group 5.5% Cum Non-Red Prf Gbp1

QUARTERLY PAYMENT DATE

City of London Inv Trust, Custodian Property Income Reit, Octopus Renewables Infrastructure Trust , Picton Property Income Ltd, TwentyFour Select Monthly Income Fund Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Import Price Index (GER) (07:00)

Personal Consumption Expenditures (US) (13:30)

Retail Sales (GER) (07:00)

Unemployment Rate (GER) (08:55)

GMS

Genedrive

FINALS

CMO Group

SPECIAL DIVIDEND PAYMENT DATE

Custodian Property Income Reit

AGMS

Afarak Group SE (DI), Alba Mineral Resources, Barr (A.G.), Dianomi , Frenkel Topping Group, Hon Hai Precision Industry Co. Ltd. GDR (Reg S), Light Science Technologies Holdings, NB Global Monthly Income Fund Limited Red Ord Shs NPV £, Old Mutual Limited NPV (DI), Pulsar Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

FINAL DIVIDEND PAYMENT DATE

Arbuthnot Banking Group, Bellevue Healthcare Trust (Red), CVC Income & Growth Limited NPV Euro, CVC Income & Growth Limited NPV GBP, Derwent London, Dunedin Income Growth Inv Trust, Elementis, Global Opportunities Trust, Henry Boot, Ibstock , IWG , JPMorgan American Inv Trust, LLoyds Banking Group 9.25% Non-Cum Irredeemable Pref Shares, LLoyds Banking Group 9.75% Non-Cum Irredeemable Pref Shares, Portmeirion Group, PPHE Hotel Group Ltd, Reach, Robert Walters, Senior, Shaftesbury Capital, STV Group, Vesuvius, Weir Group

Q1

Nostrum Oil & Gas