Week ahead: US inflation data, Fedspeak in focus

13th May 2024 15:08

(Sharecast News) - All eyes over the coming week will be on the latest inflation readings out of the US and their likely impact on financial markets on either side of the Atlantic.

First out will be producer price figures for the month of April, on Tuesday, followed by consumer price data the next day.

Consensus is for a dip in the annual rate of increase for headline consumer prices from 3.5% in March to 3.4% for April.

Core CPI gains meanwhile are seen slowing, from 3.8% to 3.6%.

Readings on US April retail sales and the Philly Fed's factory index, on Wednesday and Thursday, respectively. will also be closely monitored.

That will also be the case with a string of Fed speakers who are scheduled to take the podium on various days across the week, including Fed chair Powell himself on Tuesday.

On home shores, Tuesday will bring with it the March employment report.

In Asia, Friday will see a raft of key activity indicators come out in the People's Republic of China.

Monday 13 May

FINALS

Kistos Holdings, Huddled Group, itim Group

INTERIMS

Victrex plc, Cerillion, Diploma

Q1

Caledonia Mining Corporation (DI), Commercial International Bank (Egypt) SAE GDR (Reg S), Team Internet Group, ROS Agro GDR REG S, Burford Capital NPV (DI)

TRADING ANNOUNCEMENTS

Zoo Digital Group, Aptamer Group, Hercules Site Services

Trufin

AGMs

Bank of Georgia Group, Hvivo, 88 Energy Limited (DI), 888 Holdings (DI)

GMs

Kore Potash

ANNUAL REPORT

Inspired, Andrews Sykes Group

DRILLING REPORT

Anglesey Mining, Golden Metal Resources

INTERIM DIVIDEND PAYMENT DATE

Smiths Group, Games Workshop Group, VinaCapital Vietnam Opportunity Fund Ltd., Life Science REIT

SPECIAL DIVIDEND PAYMENT DATE

Seed Innovations Limited

Tuesday 14 May

FINALS

Vodafone Group, DCC (CDI), Angling Direct

INTERIMS

Marston's, Treatt, On The Beach Group

TRADING ANNOUNCEMENTS

Greggs

AGMs

Computacenter, Luceco, FDM Group (Holdings), Cirata, TI Fluid Systems, Aptitude Software Group, Henderson High Income Trust, Chesnara, Phoenix Group Holdings, Midwich Group

GMs

Hon Hai Precision Industry Co. Ltd. GDR (Reg S)

FINAL DIVIDEND PAYMENT DATE

Fidelity European Trust, Rathbones Group, BlackRock World Mining Trust, InterContinental Hotels Group, Mondi, OSB Group, Uniphar (CDI)

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Unemployment Rate (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

ZEW Survey (GER) - Economic Sentiment (10:00)

ZEW Survey (EU) - Economic Sentiment (10:00)

ZEW Survey (GER) - Current Situation (10:00)

Producer Price Index (US) (13:30)

Wednesday 15 May

FINALS

Vertu Motors, CREO MEDICAL GROUP, Lords Group Trading, Experian

INTERIMS

Compass Group,TUI AG Reg Shs (DI), Britvic, Imperial Brands, Ultimate Products

Q1

Allianz Technology Trust, Conduit Holdings Limited Com Shs (DI)

Q3

Renalytix (Reg S)

TRADING ANNOUNCEMENTS

Spirax-Sarco Engineering, TP Icap Group

AGMs

Burford Capital NPV (DI), Bridgepoint Group (Reg S), JPMorgan American Inv Trust, Greggs, St James's Place, Vanquis Banking Group 20, Conduit Holdings Limited Com Shs (DI), Vesuvius, The Renewables Infrastructure Group Limited, Aura Renewable Acquisitions, TP Icap Group, Permanent TSB Group Holdings (CDI), IQGEO Group, Keller Group, Funding Circle Holdings, Marshalls, Literacy Capital, LMS Capital, MPAC Group, Spirax-Sarco Engineering, Savills, Seneca Growth Capital Vct

GMs

Redde Northgate

FINAL DIVIDEND PAYMENT DATE

DFI Retail Group Holdings Limited (Bermuda Regd), Mandarin Oriental International (Bermuda), DFI Retail Group Holdings Limited (Jersey Reg), Mandarin Oriental International (Jersey), Hongkong Land Holding Ltd. (Bermuda), Mandarin Oriental International (Singapore), Hongkong Land Holding Ltd. (Jersey), DFI Retail Group Holdings Limited (Sing.Reg), Hongkong Land Holding Ltd. (Sing.Reg), Capital Limited (DI), Rentokil Initial, Jardine Matheson Holdings Ltd. (Bermuda), Just Group, TT Electronics, Jardine Matheson Holdings Ltd. (Jersey), Jardine Matheson Holdings Ltd (Singapore Reg)

INTERIM DIVIDEND PAYMENT DATE

Grit Real Estate Income Group Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Industrial Production (EU) (10:00)

GDP (Preliminary) (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

Retail Sales Less Autos (US) (13:30)

Retail Sales (US) (13:30)

Consumer Price Index (US) (13:30)

Business Inventories (US) (15:00)

Crude Oil Inventories (US) (15:30)

Thursday 16 May

FINALS

Premier Foods, BT Group, United Utilities Group

INTERIMS

Auction Technology Group, Sage Group, Future, Grainger, Nexus Infrastructure, easyJet, Tritax Eurobox (GBP)

Q1

HELIOS TOWERS, Bank of Cyprus Holdings Public Limited Company (CDI)

TRADING ANNOUNCEMENTS

Convatec Group, Vistry Group

FINAL EX-DIVIDEND DATE

Vector Capital, Kingfisher, Churchill China, Irish Continental Group Units (Comp) (CDI), RHI Magnesita N.V. (DI), Tesco, Tclarke, Essentra, Property Franchise Group, Balfour Beatty, Bunzl, Manx Financial Group, FEVERTREE DRINKS, Spectris, Ocean Wilsons Holdings Ltd., Pagegroup

FINAL DIVIDEND PAYMENT DATE

Morgan Sindall Group, Haleon

INTERIM EX-DIVIDEND DATE

Witan Inv Trust, Abrdn Property Income Trust Limited, Target Healthcare Reit Ltd, Alternative Income Reit, Greencoat UK Wind, Shell, Jarvis Securities, James Halstead, Aquila European Renewables (GBP), Henderson Opportunities Trust, Princess Private Equity Holding Ltd. (EUR), TwentyFour Select Monthly Income Fund Limited, Aquila European Renewables, Majedie Investments, Income & Growth VCT, EJF Investments Ltd NPV, Murray Income Trust, FRP Advisory Group

SPECIAL EX-DIVIDEND DATE

Amati AIM Vct

INTERIM DIVIDEND PAYMENT DATE

Prudential

QUARTERLY EX-DIVIDEND DATE

GSK, The Renewables Infrastructure Group Limited, Pershing Square Holdings Ltd NPV (USD), Unilever, Vaalco Energy, Inc (DI), Octopus Renewables Infrastructure Trust, BP, Pershing Square Holdings Ltd NPV

QUARTERLY PAYMENT DATE

Mercantile Investment Trust (The), BlackRock Latin American Inv Trust, M Winkworth, Supermarket Income Reit

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (13:30)

Initial Jobless Claims (US) (13:30)

Import and Export Price Indices (US) (13:30)

Housing Starts (US) (13:30)

Continuing Claims (US) (13:30)

Philadelphia Fed Index (US) (13:30)

Industrial Production (US) (14:15)

Capacity Utilisation (US) (14:15)

Friday 17 May

FINALS

XLMedia, Land Securities Group

AGMs

Bank of Cyprus Holdings Public Limited Company (CDI), Central Asia Metals, EKF Diagnostics Holdings

FINAL DIVIDEND PAYMENT DATE

IMI, Breedon Group, Direct Line Insurance Group, Morgan Advanced Materials, Cairn Homes (CDI), Kenmare Resources (CDI), Luceco, Standard Chartered, JPMorgan US Smaller Co. Inv Tst, Drax Group

INTERIM DIVIDEND PAYMENT DATE

AB Dynamics, Finsbury Growth & Income Trust, Impact Healthcare Reit, Seneca Growth Capital Vct B, Barratt Developments

QUARTERLY PAYMENT DATE

Primary Health Properties, JPMorgan Japan Small Cap Growth & Income

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Harmonised Index of Consumer Prices (EU) (10:00)