Week ahead: China, US CPI in focus

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Sharecast News | 06 Apr, 2018

The market spotlight is set to shift towards China over the coming week, although over the coming weekend investors might do well to keep an eye out for any remarks from Washington as well.

On Tuesday, Chinese president Xi Jinping is set to deliver a speech at the Boao Forum for Asia, which some have dubbed the region's Davos.

Naturally, traders will be closely attuned to any remarks regarding recent tensions with Washington, although the US has been joined in its WTO consultations over Beijing's 'protection' of intellectual property rights and the transfer of technologies to local joint-ventures by the EU and Japan.

Ahead of that speech, on Saturday, 7 April China is due to release data on its foreign reserve holdings as of the end of March, with figures on money supply and loan growth for that same month expected from Tuesday onwards.

Data on consumer and factory gate prices are also scheduled to be published, on Wednesday, followed by readings on the country's trade balance, two days later.

In the UK, the key session for market-watchers will be Wednesday, with data on foreign trade, industrial production and construction output all due out.

Across the Channel, expectations are for a quiet week on the data front, although a speech from European Central Bank president Mario Draghi may be of interest, together with the minutes of the Governing Council's deliberations that will be published on Friday.

Coming full circle, in the States Tuesday will bring with it a reading on factory gate prices with CPI figures for March due the next day.

Regarding the latter, the consensus forecast is for the rate of gain in headline prices to accelerate from a year-on-year rate of 2.2% in February to 2.3% for March.

Core CPI meanwhile is seen rising from 1.8% to 2.1%.

Against that backdrop, the Federal Reserve will publish the minutes of the FOMC's rate-setting meeting on 20-21 March, which was new chair Jerome Powell's first.

Monday April 09

INTERIM DIVIDEND PAYMENT DATE

AdEPT Telecom, Colefax Group, Croma Security Solutions Group, Renishaw

QUARTERLY PAYMENT DATE

Total SA

QUARTERLY EX-DIVIDEND DATE

Marsh & Mclennan Cos Inc.

GMS

TT Electronics

FINALS

Cathay International Holdings Ltd., Etalon Group GDR (Reg S), Frenkel Topping Group, Northbridge Industrial Services

ANNUAL REPORT

Bovis Homes Group

AGMS

African Battery Metals , Belimo Holding AG , Starcom

UK ECONOMIC ANNOUNCEMENTS

Halifax House Price Index (08:30)

Tuesday April 10

INTERIMS

Nanoco Group

INTERIM DIVIDEND PAYMENT DATE

Hansard Global, Joules Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Producer Price Index (US) (13:30)

Wholesales Inventories (US) (15:00)

GMS

Gulfsands Petroleum

FINALS

Belvoir Lettings, Boku, Inc (DI) Reg S, Card Factory, Eddie Stobart Logistics , Hostelworld Group , Hydrogen Group, LiDCO Group, M. P. Evans Group, Mission Marketing Group, Property Franchise Group, Serica Energy

IMSS

Robert Walters

EGMS

Plus500 Ltd (DI)

AGMS

Bank Audi S.A.L. GDR (Repr 1'Com'Shr Lbp1650)(Reg S), GETECH Group

TRADING ANNOUNCEMENTS

Dialight, Robert Walters

Wednesday April 11

INTERIMS

ASOS, McCarthy & Stone

INTERIM DIVIDEND PAYMENT DATE

Haynes Publishing Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

GMS

Aggregated Micro Power Holdings , Hansteen Holdings

FINALS

Epwin Group, Ergomed , Shield Therapeutics, Tesco

AGMS

Carnival, Heavitree Brewery, Law Debenture Corp., Maven Income & Growth 3 VCT, Rio Tinto

TRADING ANNOUNCEMENTS

Liontrust Asset Management, Pagegroup, Vedanta Resources

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (09:30)

Industrial Production (09:30)

Manufacturing Production (09:30)

FINAL EX-DIVIDEND DATE

Oakley Capital Investments Ltd. (DI)

Thursday April 12

INTERIMS

WH Smith

INTERIM DIVIDEND PAYMENT DATE

Abcam, Clinigen Group, ECO Animal Health Group, Hays, Revolution Bars Group, Thorpe (F.W.), Trifast, Tristel

INTERIM EX-DIVIDEND DATE

Begbies Traynor Group, Foresight Solar & Infrastructure VCT, Foresight Solar & Infrastructure VCT 'C', Henderson EuroTrust, Manchester & London Investment Trust, Tracsis

QUARTERLY PAYMENT DATE

Duke Royalty Limited, GlaxoSmithKline, Regional REIT Limited

QUARTERLY EX-DIVIDEND DATE

JPMorgan Asian Investment Trust, Mercantile Investment Trust (The), Middlefield Canadian Income PCC, Scottish Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Industrial Production (EU) (09:00)

Initial Jobless Claims (US) (13:30)

Q3

Hays

FINALS

Central Asia Metals, Destiny Pharma , PureTech Health , Saga

SPECIAL EX-DIVIDEND DATE

AIREA, Artemis VCT, Savills, SSP Group

AGMS

Aberdeen Emerging Markets Investment Company, Leeds Building Society 13 3/8% Bearing Shares, McColl's Retail Group , Smith & Nephew

TRADING ANNOUNCEMENTS

Dunelm Group, Greene King, Hays, Man Group, Mothercare, Scapa Group

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Rio Tinto

FINAL EX-DIVIDEND DATE

Alpha Fx Group , BBA Aviation, Chesnara, Costain Group, Ebiquity, Equiniti Group , esure Group, Gresham Technologies, International Personal Finance, ITV, Johnson Service Group, JPMorgan American Inv Trust, JPMorgan US Smaller Co. Inv Tst, Merlin Entertainments , Octopus Titan VCT , Paddy Power Betfair, PPHE Hotel Group Ltd, Reckitt Benckiser Group, Rentokil Initial, Savills, Smurfit Kappa Group, SpaceandPeople, STV Group, Unite Group, Vesuvius

Friday April 13

INTERIM DIVIDEND PAYMENT DATE

Dunelm Group, Maven Income & Growth 3 VCT, Maven Income & Growth 4 VCT, Maven Income & Growth VCT, Maven Income and Growth VCT 5, TR European Growth Trust

QUARTERLY PAYMENT DATE

Blackrock North American Income Trust , Schlumberger Ltd.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

Consumer Price Index (US) (07:00)

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

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

ANNUAL REPORT

Ferrexpo, Forterra

SPECIAL EX-DIVIDEND DATE

VinaLand Ltd

EGMS

RM2 International S.A. (DI)

AGMS

Low & Bonar, ROS Agro GDR REG S

FINAL DIVIDEND PAYMENT DATE

RM

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