Week ahead: Global PMIs, US activity data in focus

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Sharecast News | 19 Nov, 2022

Investors' focus over the following week was likely to be on the release of a raft of purchasing managers' surveys for manufacturing and services on either side of the Atlantic.

S&P Global's preliminary manufacturing and services PMIs for November were due out on Wednesday in the euro area, UK and US.

Although the PMIs provided one of the earliest readings each month on the state of activity, of late they had sometimes been subject to non-negligible revisions.

Even so, they often elicited large movements in financial markets.

US markets were to remain closed on Thursday in observance of the Thanksgiving Day holiday and would only open for a shortened session on Friday.

For that reason, Wednesday would bring with it a deluge of economic data Stateside.

Among the key indicators due out were readings for durable goods orders, jobless claims, consumer confidence and new home sales.

The minutes of the US central bank's most recent policy meeting were also due out on Wednesday.

On home shores meanwhile, at least three Monetary Policy Committee members, Dave Ramsden, Huw Pill and Catherine Mann were scheduled to deliver remarks, all on Thursday.

In Germany, Thursday would bring with it the closely followed business confidence survey from the IFO institute.

Readings for German consumer confidence and third quarter GDP were due out on Friday.

Monday 21 November

INTERIMS

Big Yellow Group, Molten Ventures, Sysgroup

QUARTERLY EX-DIVIDEND DATE

Vaalco Energy, Inc (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Producer Price Index (GER) (07:00)

Q3

MTI Wireless Edge Ltd.

FINALS

Diploma, Genedrive

AGMS

Manchester & London Investment Trust, Scancell Holdings

Tuesday 22 November

INTERIMS

Accsys Technologies, AO World, CML Microsystems, Helical, Homeserve, Severfield, Tatton Asset Management , Telecom Plus, Trifast

INTERIM DIVIDEND PAYMENT DATE

Octopus Apollo VCT

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (EU) (15:00)

Current Account (EU) (09:00)

Q3

AB Ignitis Grupe GDR (Reg S)

GMS

Alpha Fx Group

EGMS

Invinity Energy Systems

AGMS

Fonix Mobile , Kingswood Holdings Limited, Origin Enterprises (CDI), Physiomics, Rainbow Rare Earths Limited NPV, TCS Group Holding GDR (Each Repr 1 A Shr) (Reg S), TCS Group Holding GDR (Each Repr 1 A Shr) (Reg S)

TRADING ANNOUNCEMENTS

Restore

FINAL DIVIDEND PAYMENT DATE

Close Brothers Group

Wednesday 23 November

INTERIMS

Discoverie Group, Eckoh, HICL Infrastructure , LondonMetric Property, Marlowe, United Utilities Group

QUARTERLY PAYMENT DATE

JPMorgan Asia Growth & Income

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Durable Goods Orders (US) (13:30)

FOMC Interest Rate Minutes (US) (19:00)

Initial Jobless Claims (US) (13:30)

MBA Mortgage Applications (US) (12:00)

New Homes Sales (US) (15:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:30)

PMI Composite (US) (14:45)

PMI Manufacturing (GER) (08:30)

PMI Manufacturing (EU) (09:00)

PMI Manufacturing (US) (14:45)

PMI Services (GER) (08:30)

PMI Services (US) (14:45)

FINALS

Ten Lifestyle Group

EGMS

Joint Stock Company Kaspi.Kz GDR (Reg S)

AGMS

Crystal Amber Fund Ltd., CVS Group, Fidelity Asian Values, Genus, Grit Real Estate Income Group Limited NPV, One Heritage Group , Synergia Energy Ltd NPV

TRADING ANNOUNCEMENTS

DP Eurasia N.V. (DI) , Rotork

UK ECONOMIC ANNOUNCEMENTS

PMI Composite (09:30)

PMI Manufacturing (09:30)

PMI Services (09:30)

PMI Services (EU) (09:00)

FINAL DIVIDEND PAYMENT DATE

Henderson EuroTrust

Thursday 24 November

INTERIMS

Augmentum Fintech, Dr. Martens , LXI Reit , Motorpoint Group, NewRiver REIT, Omega Diagnostics Group, Polar Capital Holdings, Severn Trent, XPS Pensions Group

INTERIM DIVIDEND PAYMENT DATE

Dunedin Enterprise Investment Trust, Shanta Gold Ltd.

INTERIM EX-DIVIDEND DATE

3i Infrastructure, Braemar , British Land Company, Castings, Crystal Amber Fund Ltd., Great Portland Estates, iEnergizer Ltd., Inspiration Healthcare Group , Kainos Group , National Grid, Norcros, RS Group, Scottish Mortgage Inv Trust, Tate & Lyle, Urban Logistics Reit, Vodafone Group, Worldwide Healthcare Trust

QUARTERLY EX-DIVIDEND DATE

BlackRock Sustainable American Income Trust, BlackRock World Mining Trust, Chenavari Toro Income Fund Limited NPV, Diversified Energy Company , HICL Infrastructure , Land Securities Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

SPECIAL EX-DIVIDEND DATE

abrdn Asia Focus

AGMS

Cloudbreak Discovery, EnSilica , Fiske, MGC Pharmaceuticals Limited NPV (DI), Pan African Resources, PZ Cussons, Sabien Technology Group, Zanaga Iron Ore Co. Ltd (DI)

TRADING ANNOUNCEMENTS

Intertek Group, Kingfisher, Safestore Holdings

FINAL DIVIDEND PAYMENT DATE

TheWorks.Co.Uk

FINAL EX-DIVIDEND DATE

Brunner Investment 5% Prf, Craneware, Croda International 5.9% Cumulative Preference 1, Croda International 6.6% Cumulative Preference 1, Finsbury Food Group, Fonix Mobile , Lok'n Store Group, Volution Group

Friday 25 November

INTERIMS

Pets at Home Group

INTERIM DIVIDEND PAYMENT DATE

Amati AIM Vct , Anpario, Lookers, Next Fifteen Communications, Sanderson Design Group, Tesco, Warpaint London

QUARTERLY PAYMENT DATE

ContourGlobal , Octopus Renewables Infrastructure Trust , Primary Health Properties, SME Credit Realisation Fund Limited NPV, Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

GFK Consumer Confidence (GER) (07:00)

Gross Domestic Product (GER) (07:00)

GMS

Aveva Group

EGMS

Datang International Power Generation Co Ltd.

AGMS

Base Resources Ltd , European Metals Holding Limited (DI), Neometals Ltd Npv (Di), Quadrise Fuels International, SCS Group

TRADING ANNOUNCEMENTS

Breedon Group , Vesuvius

FINAL DIVIDEND PAYMENT DATE

Manchester & London Investment Trust, MJ Gleeson , Mulberry Group, Ricardo, Thorpe (F.W.)

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