Week ahead: US non-farm payrolls, China factory PMI in focus

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Sharecast News | 26 May, 2023

All eyes over the coming holiday-shortened week would be on the ongoing debt ceiling talks and the latest non-farm payrolls report in the US.

According to the US Treasury, the government risked running out of cash to pay all of its obligations after 1 June and investors were likely to become even more antsy the more that negotiations came down to the wire.

On the jobs front, consensus was that on Friday the Department of Labor would report a slowdown in hiring from April's 220,000 person pace to 180,000 in May.

Ahead of that, on Wednesday survey compiler Caixin was to release its closely followed Purchasing Managers' Index for China in May.

Later the same day, investors would be digesting preliminary consumer price data for France, Germany and Italy covering that same month.

The US JOLTS report for job openings and quits covering the month of March would also be released on Wednesday.

Euro area-wide CPI numbers would be released on the next day, alongside UK consumer and mortgage lending figures for April..

The US Institute for Supply Management's factory PMI was also due to come out on Thursday.

Monday May 29

No results scheduled

Tuesday May 30

INTERIMS

Greencore Group (CDI), Hollywood Bowl Group, Oxford Biodynamics

INTERIM DIVIDEND PAYMENT DATE

Pembroke Vct B

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)

Consumer Confidence (US) (15:00)

Economic Sentiment Indicator (EU) (10:00)

House Price Index (US) (14:00)

Industrial Confidence (EU) (10:00)

M3 Money Supply (EU) (09:00)

Services Sentiment (EU) (10:00)

GMS

Aseana Properties Ltd.

FINALS

Silver Bullet Data Services Group

AGMS

Alba Mineral Resources, Aseana Properties Ltd., BioPharma Credit , Gresham House Energy Storage Fund, Light Science Technologies Holdings, Maintel Holdings, Malvern International, Manx Financial Group, Sportech

UK ECONOMIC ANNOUNCEMENTS

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Dunedin Income Growth Inv Trust, Portmeirion Group

FINAL EX-DIVIDEND DATE

James Halstead 5.5% Cumulative Preference 1, Kakuzi Ltd.

Q1

Burning Rock Biotech Limited Ads (Each Repr 1 Class A Ord Usd0.0002), Telecom Egypt SAE GDS (Regs)

Wednesday May 31

INTERIMS

Impax Asset Management Group

INTERIM DIVIDEND PAYMENT DATE

Royal Bank of Scotland 11% Cum. Prf, Royal Bank of Scotland 5.5% Cum. Prf.

QUARTERLY PAYMENT DATE

BlackRock World Mining Trust, City of London Inv Trust, Custodian Property Income Reit, Ediston Property Investment Company, Picton Property Income Ltd

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Crude Oil Inventories (US) (15:30)

Import Price Index (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

Unemployment Rate (GER) (08:55)

FINALS

Bloomsbury Publishing, Tern

SPECIAL DIVIDEND PAYMENT DATE

NB Global Monthly Income Fund Limited Red Ord Shs NPV £

AGMS

Advanced Medical Solutions Group, Aferian, Bakkavor Group , Balanced Commercial Property Trust Limited , Bodycote, CleanTech Lithium, Dianomi , DigitalBox, International Public Partnerships Ltd., Predator Oil & Gas Holdings NPV, Rotala, RTC Group, Thungela Resources Limited NPV (DI), Xaar

TRADING ANNOUNCEMENTS

Noventiq Holdings ( Reg S)

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

FINAL DIVIDEND PAYMENT DATE

Foxtons Group , Global Opportunities Trust, JPMorgan American Inv Trust, LLoyds Banking Group 9.25% Non-Cum Irredeemable Pref Shares, LLoyds Banking Group 9.75% Non-Cum Irredeemable Pref Shares, Mortgage Advice Bureau (Holdings) , PPHE Hotel Group Ltd, Sampo OYJ, St James's Place, Vesuvius

Thursday June 01

INTERIM EX-DIVIDEND DATE

Associated British Foods, Aviva 8 3/4% Cumulative Irrd Preference 1, Cerillion , Enwell Energy, General Accident 'A', Henderson European Focus Trust, Jersey Electricity 'A' Shares, Nexus Infrastructure , Origin Enterprises (CDI), REA Holdings 9% Cum. Prf. #1, Rotork 9.5% Cum Prf. #1, Sage Group, Titon Holdings, Up Global Sourcing Holdings , VH Global Sustainable Energy Opportunities

QUARTERLY PAYMENT DATE

JpMorgan China Growth & Income

QUARTERLY EX-DIVIDEND DATE

Downing Renewables & Infrastructure Trust, Law Debenture Corp., Premier Miton Global Renewables Trust, Regional REIT Limited, RM Infrastructure Income

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Construction Spending (US) (15:00)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

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)

Retail Sales (GER) (07:00)

Unemployment Rate (EU) (10:00)

FINALS

Auto Trader Group , Dr. Martens , NextEnergy Solar Fund Limited Red, Pennon Group, Trinity Exploration & Production

SPECIAL EX-DIVIDEND DATE

Amur Minerals Corporation NPV

AGMS

Ecofin U.S. Renewables Infrastructure Trust, Middlefield Canadian Income PCC, Northcoders Group , Pagegroup

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

PMI Manufacturing (09:30)

FINAL DIVIDEND PAYMENT DATE

4Imprint Group, BAE Systems, Investec Investment Trust 3 1/2% Cumulative Preference Stock, Macfarlane Group, Sabre Insurance Group, Safestyle UK , Vector Capital, Vistry Group

FINAL EX-DIVIDEND DATE

Anglo-Eastern Plantations, Capital Gearing Trust, Centamin (DI), Gamma Communications, Great Portland Estates, Hill and Smith, Hilton Food Group, Informa, JTC, Keller Group, Keywords Studios, Likewise Group, Marshalls, Menhaden Resource Efficiency, National Grid, National World , Renold 6% Cum. Prfd., Scottish Mortgage Inv Trust, Severn Trent, Spectra Systems Corporation, Yu Group

Friday June 02

INTERIM DIVIDEND PAYMENT DATE

Majedie Investments

QUARTERLY PAYMENT DATE

Greencoat Renewables (CDI), Octopus Renewables Infrastructure Trust , TwentyFour Select Monthly Income Fund Limited , Wheaton Precious Metals Corp.NPV (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Non-Farm Payrolls (US) (13:30)

Unemployment Rate (US) (13:30)

GMS

CAP-XX Limited, Mirriad Advertising

SPECIAL DIVIDEND PAYMENT DATE

Admiral Group, Elecosoft Public Limited Company

EGMS

BH Macro Ltd. GBP Shares, Kibo Energy (CDI)

FINAL DIVIDEND PAYMENT DATE

Admiral Group, Arbuthnot Banking Group, Bodycote, Capital & Regional, CVC Income & Growth Limited NPV Euro, CVC Income & Growth Limited NPV GBP, Derwent London, Elecosoft Public Limited Company, Fevertree Drinks, Headlam Group, Henry Boot, Highcroft Investment, Lancashire Holdings Limited, LSL Property Services, Public Policy Holding Company, Inc. (DI) (REG S, CAT3), RBG Holdings, Reach, Tclarke , The Pebble Group, Zotefoams

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