Week ahead: US PCE inflation data, consumer confidence in focus

22nd Mar 2024 15:02

(Sharecast News) - All eyes over the coming week will be on the latest inflation data due out in the U.S..

On Friday, the Department of Commerce will publish its price deflators for personal consumption expenditures covering the month of February.

Worth noting, the core PCE price deflator is the inflation gauge by which the Federal Reserve defines its price stability target.

Also due out during the week in the U.S. are durable goods orders figures for February, on Tuesday, and a final reading for the University of Michigan's consumer confidence survey for March, on Thursday.

In Germany meanwhile, Tuesday will see the release of consultancy GfK's consumer confidence index for April, followed by retail sales data for February on Thursday.

Euro area M3 money supply figures for February will be published on Thursday.

Overnight during that same session investors will be watching for the latest Tokyo consumer price data for March.

UK markets will be closed for trading on 29 March and 1 April in observance of Good Friday and Easter, respectively.

Monday 25 March

INTERIMS

Virgin Wines UK

INTERIM DIVIDEND PAYMENT DATE

Mountview Estates

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

New Homes Sales (US) (14:00)

GMS

Digital 9 Infrastructure NPV, Sondrel (Holdings)

FINALS

Central Asia Metals, Gamma Communications, Henry Boot, Impact Healthcare Reit , Kingfisher, Ocean Harvest Technology Group , Octopus Renewables Infrastructure Trust , RTC Group, Tandem Group, US Solar Fund

ANNUAL REPORT

Afarak Group SE (DI), Tandem Group

AGMS

Commercial International Bank (Egypt) SAE GDR (Reg S), GSK, Hardide

TRADING ANNOUNCEMENTS

Pennon Group

Tuesday 26 March

INTERIMS

Bellway, Smiths Group, Softcat, YouGov

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (14:00)

Durable Goods Orders (US) (12:30)

GFK Consumer Confidence (GER) (07:00)

House Price Index (US) (13:00)

GMS

Fondul Proprietatea S.A. GDR (Reg S)

FINALS

888 Holdings (DI), 888 Holdings (DI), AIREA, Amaroq Minerals Ltd. Npv (DI), Big Technologies, CAB Payments Holdings, CPP Group, DigitalBox, Empresaria Group, Flutter Entertainment (DI), Forterra, Genel Energy, Getbusy, Good Energy Group, Harworth Group, Inspired, Inspired, Journeo , Life Science REIT, Life Science REIT, Luceco , Michelmersh Brick Holdings, Niox Group, Petershill Partners , Real Estate Investors, Regional REIT Limited, W.A.G Payment Solutions , Wood Group (John), Xaar

ANNUAL REPORT

Getbusy

EGMS

Bankmuscat (S.A.O.G) GDR (Reg S), Riverstone Energy Limited , Tribe Technology

AGMS

Bankmuscat (S.A.O.G) GDR (Reg S), Becket Invest, LG Electronics Inc GDS (Reg S), Power Metal Resources, Titon Holdings, Wynnstay Group

TRADING ANNOUNCEMENTS

Ocado Group

Wednesday 27 March

INTERIMS

Gelion, James Halstead, James Halstead, James Halstead, Nanoco Group

INTERIM DIVIDEND PAYMENT DATE

Abrdn DIversified Income And Growth

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)

Industrial Confidence (EU) (10:00)

MBA Mortgage Applications (US) (11:00)

Services Sentiment (EU) (10:00)

Q4

Endeavour Mining

GMS

Loopup Group , RC365 Holding

FINALS

BioPharma Credit , Corero Network Security, Downing Renewables & Infrastructure Trust, Ecora Resources, Norman Broadbent , Old Mutual Limited NPV (DI), S4 Capital, Spectra Systems Corporation, The Artisanal Spirits Company, Vanquis Banking Group 20, Windward Ltd. NPV (DI)

AGMS

AB Ignitis Grupe GDR (Reg S), Abrdn Private Equity Opportunities Trust, Abrdn Private Equity Opportunities Trust, LPA Group, Nexus Infrastructure , Rights & Issues Investment Trust , Tekmar Group

Thursday 28 March

INTERIMS

AdvancedAdvT Limited NPV (DI), Aptamer Group, Crystal Amber Fund Ltd., Crystal Amber Fund Ltd.

INTERIM DIVIDEND PAYMENT DATE

Berkeley Group Holdings (The), BHP Group Limited NPV (DI), City of London Investment Group, Gateley (Holdings) , Genus, Hargreaves Lansdown, Mid Wynd International Inv Trust, North Atlantic Smaller Companies Inv Trust, Thames Ventures Vct 2 DSO D Shs

INTERIM EX-DIVIDEND DATE

New Star Investment Trust, Volution Group

QUARTERLY PAYMENT DATE

BP, Diversified Energy Company , Downing Renewables & Infrastructure Trust, HICL Infrastructure , NextEnergy Solar Fund Limited Red, Premier Miton Global Renewables Trust, The Renewables Infrastructure Group Limited, Vaalco Energy, Inc (DI)

QUARTERLY EX-DIVIDEND DATE

BlackRock Sustainable American Income Trust, Duke Capital Limited, Primary Health Properties, Value and Indexed Property Income Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (13:45)

Continuing Claims (US) (12:30)

Gross Domestic Product (US) (12:30)

Initial Jobless Claims (US) (12:30)

M3 Money Supply (EU) (09:00)

Pending Homes Sales (US) (14:00)

Personal Consumption Expenditures (US) (12:30)

Retail Sales (GER) (07:00)

U. of Michigan Confidence (Final) (US) (14:00)

Unemployment Rate (GER) (08:55)

FINALS

Arbuthnot Banking Group, BBGI Global Infrastructure S.A. NPV (DI), Caledonia Mining Corporation (DI), Capricorn Energy, Chesnara, EJF Investments Ltd NPV, International Public Partnerships Ltd., Schroders Capital Global Innovation Trust

ANNUAL REPORT

EJF Investments Ltd NPV, IMI

SPECIAL EX-DIVIDEND DATE

Primorus Investments

EGMS

UPL Limited GDR Reg S

AGMS

Autins Group, Dar Global , Guild Esports , IDOX, IMI, MediaZest

UK ECONOMIC ANNOUNCEMENTS

Current Account (07:00)

Gross Domestic Product (07:00)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Blackrock Throgmorton Trust, Imperial Brands , Keystone Positive Change Investment Trust 5% Cumulative Preference 1, S and U 6% Cumulative Prf. £1

FINAL EX-DIVIDEND DATE

Fidelity European Trust, IDOX, Melrose Industries, Moneysupermarket.com Group, Personal Group Holdings, Quartix Technologies, REA Holdings 9% Cum. Prf. #1, Smith & Nephew, Taylor Wimpey, Travis Perkins, Wynnstay Group

Friday 29 March

INTERIM DIVIDEND PAYMENT DATE

Fiske

QUARTERLY PAYMENT DATE

Energean

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Personal Consumption Expenditures (US) (12:30)

Personal Income (US) (12:30)

Personal Spending (US) (12:30)

AGMS

ROS Agro GDR REG S