Wednesday preview: UK consumer credit, Wizz Air in focus

Investors' focus in the middle of the week will be on UK consumer credit and mortgage lending data for April.

Across the Channel, the spotlight will be on two speeches by European Central Bank boss, Christine Lagarde, at the Green Swan conference and at the Turgot prize awards ceremony.

US vehicles sales data for May meanwhile are expected to reveal a decline from the 18.51m pace hit during the previous month to 17.95m.

On the corporate side of things, for Wizz Air Holdings's full-year results, UBS's Jarrod Castle has penciled in sales of €702m, versus consensus at €710m.

Losses before interest and taxes meanwhile are expected to come in just shy of the consensus at -€471m.

"Manufacturing activity in the US accelerated further last month, according to the results of one of the most closely-followed surveys for the sector," Castle added.

Wednesday 02 June

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

ISM Manufacturing (US) (15:00)

ISM Prices Paid (US) (15:00)

MBA Mortgage Applications (US) (12:00)

Producer Price Index (EU) (10:00)

GMS

Tern

FINALS

Bloomsbury Publishing, Schroder Real Estate Investment Trust Ltd, Wizz Air Holdings

AGMS

Arrow Global Group, Everyman Media Group , Gaming Realms, Gem Diamonds Ltd. (DI), Gran Tierra Energy Inc. (CDI), GYG, Jersey Oil and Gas , Pennant International Group, Surface Transforms, Xaar

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

Consumer Credit (09:30)

M4 Money Supply (00:00)

Mortgage Approvals (09:30)

FINAL DIVIDEND PAYMENT DATE

Hochschild Mining, Mitsubhi Electric Corp., Ormonde Mining (CDI), OSB Group , Strix Group.