Week ahead: US PCE price data, Fedspeak in the spotlight

23rd Feb 2024 17:37

(Sharecast News) - The coming week will be back-end loaded with the interest rate outlook in the U.S. still very much front and centre on investors' minds.

The key data point, barring surprises, will thus be the personal income and spending report for January due out on Thursday, due to the key price gauges that it contained.

Also worth noting, a raft of top Fed officials are scheduled to take to the podium starting from Wednesday.

Tuesday's session will bring with it a smattering of economic indicators in the States, including the durable goods report for that same month.

At the end of the week, on Friday, investors will be digesting final readings for S&P Global's factory sector purchasing managers' survey for the month of February in the UK, euro area and U.S..

Also on Friday, survey compiler Caixin will give investors a first view of its own factory PMI for China, while the ISM institute will do the same Stateside.

Across the Channel meanwhile, on Tuesday the European Central Bank will publish M3 money supply figures for January.

They will be followed on Friday by a preliminary reading for euro area consumer prices in February.

Monday 26 February

INTERIMS

EnSilica , Made Tech Group , Tristel

INTERIM DIVIDEND PAYMENT DATE

JPMorgan Mid Cap Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

New Homes Sales (US) (15:00)

FINALS

Bunzl, Joint Stock Company Kaspi.Kz Ads (Each Repr 1 Com Shr) (Ads)

AGMS

Oncimmune Holdings

FINAL DIVIDEND PAYMENT DATE

Dewhurst Group, Dewhurst Group 'A'NON.VTG

Tuesday 27 February

INTERIMS

Mcbride, PCI-PAL

INTERIM DIVIDEND PAYMENT DATE

JPMorgan UK Smaller Companies Investment Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (15:00)

Durable Goods Orders (US) (13:30)

GFK Consumer Confidence (GER) (07:00)

House Price Index (US) (14:00)

M3 Money Supply (EU) (09:00)

GMS

Aseana Properties Ltd.

FINALS

Abrdn , Croda International, Jyske Bank A/S , Smith & Nephew, Synectics, Uniphar (CDI), Unite Group

ANNUAL REPORT

Jyske Bank A/S

AGMS

Abrdn DIversified Income And Growth

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

Wednesday 28 February

INTERIMS

Avingtrans, Bluefield Solar Income Fund Limited, Grit Real Estate Income Group Limited NPV, Just Eat Takeaway.Com N.V. (CDI)

QUARTERLY EX-DIVIDEND DATE

Canadian General Investments Ltd., Petrotal Corporation NPV (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Crude Oil Inventories (US) (15:30)

Economic Sentiment Indicator (EU) (10:00)

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

Industrial Confidence (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

Services Sentiment (EU) (10:00)

GMS

Abrdn Property Income Trust Limited , Jersey Electricity 'A' Shares, Verditek

FINALS

AB Ignitis Grupe GDR (Reg S), Aston Martin Lagonda Global Holdings, Derwent London, Glenveagh Properties (CDI), Harmony Energy Income Trust, London Stock Exchange Group, Primary Health Properties, Reckitt Benckiser Group, RHI Magnesita N.V. (DI), St James's Place, Taylor Wimpey, The Renewables Infrastructure Group Limited

EGMS

Beacon Rise Holdings , PPHE Hotel Group Ltd

AGMS

AB Dynamics, AB Dynamics, AB Dynamics, Image Scan Holdings

Thursday 29 February

INTERIMS

Character Group

INTERIM DIVIDEND PAYMENT DATE

City of London 4.2% Cum 1st Prf Stk, City of London Investment Trust 4.2% Non-Cum 2nd Prf Stk, City of London Investment Trust Preference Ord Stk 14% Non-Cumulative 1, NB Private Equity Partners Ltd.

INTERIM EX-DIVIDEND DATE

Ashmore Group, City of London Investment Group, Diageo, Genus, Hargreaves Lansdown, Hays, MJ Gleeson , North Atlantic Smaller Companies Inv Trust, Sylvania Platinum Ltd (DI), Wilmington

QUARTERLY PAYMENT DATE

City of London Inv Trust, Custodian Property Income Reit, Picton Property Income Ltd

QUARTERLY EX-DIVIDEND DATE

Diversified Energy Company , Downing Renewables & Infrastructure Trust, HICL Infrastructure , Regional REIT Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Pending Homes Sales (US) (15:00)

Personal Consumption Expenditures (US) (13:30)

Retail Sales (GER) (07:00)

Unemployment Rate (GER) (08:55)

GMS

Vast Resources

FINALS

Cairn Homes (CDI), Dalata Hotel Group (CDI), Drax Group, Faron Pharmaceuticals Oy (DI), Fondul Proprietatea S.A. GDR (Reg S), Haleon , Haleon , Hammerson, Howden Joinery Group, Hunting, International Consolidated Airlines Group SA (CDI), London Stock Exchange Group, London Stock Exchange Group, London Stock Exchange Group, London Stock Exchange Group, Macfarlane Group, Man Group, Mobico Group, Nexus Infrastructure , Ocado Group, PPHE Hotel Group Ltd, Schroders, Seplat Energy (DI), Serco Group, Serco Group, Shaftesbury Capital, Spectris, Spire Healthcare Group, Vesuvius, Vesuvius, Weir Group

ANNUAL REPORT

Faron Pharmaceuticals Oy (DI), Me Group International

SPECIAL EX-DIVIDEND DATE

Plus500 Ltd (DI)

EGMS

China Pacific Insurance (Group) Co., Ltd GDR (Reg S)

AGMS

Home Reit , Income & Growth VCT , IntegraFin Holding, Intuitive Investments Group , Watkin Jones

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Compass Group, SSP Group

FINAL EX-DIVIDEND DATE

Barclays, Bristol Water 'A' 8 3/4% Cum Irrd Prf, Brunner Inv Trust, Driver Group, General Accident (Prf), Morgan Advance Materials 5% Cumulative 2nd Preference 1, Morgan Advance Materials 5.5% Cumulative 1st preference 1, Northern Electricity Prf, Plus500 Ltd (DI), S and U 6% Cumulative Prf. £1, Scottish American Inv Company, Tharisa (DI)

Friday 01 March

INTERIM DIVIDEND PAYMENT DATE

IG Group Holdings

QUARTERLY PAYMENT DATE

ICG Enterprise Trust, JpMorgan China Growth & Income , JPMorgan Claverhouse Inv Trust, Pollen Street Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Construction Spending (US) (15:00)

ISM Manufacturing (US) (15:00)

ISM Prices Paid (US) (15:00)

PMI Manufacturing (GER) (08:55)

PMI Manufacturing (EU) (09:00)

PMI Manufacturing (US) (14:45)

U. of Michigan Confidence (Final) (US) (15:00)

Unemployment Rate (EU) (10:00)

FINALS

IMI, Pearson, Rightmove, Tritax Big Box Reit

AGMS

Virgin Money UK

UK ECONOMIC ANNOUNCEMENTS

PMI Manufacturing (09:30)

FINAL DIVIDEND PAYMENT DATE

Carr's Group, Coventry 12 1/8% Perm Int Bearing Shs #1000