Week ahead: US non-farm payrolls, ECB in the spotlight

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Sharecast News | 31 May, 2024

Updated : 18:26

Investors' attention over the coming week will be squarely on the US May non-farm payrolls report due out on Friday.

Those figures may help gauge to what extent April's slowdown in hiring was more a correction attributable to various seasonal and weather-related quirks or something more enduring.

So too the JOLTS labour market report on Wednesday with its readings on the levels of job openings and so-called quits.

Thursday meanwhile will bring with it a reading on first quarter growth in US labour productivity and unit labour costs, both of which are key to the inflation picture and outlook for prices.

Also on Thursday, the European Central Bank is widely expected to cut euro area interest rates by 25 basis points, but investors are keen for guidance for over the next few quarters.

Earlier in the week, on Monday, a raft of manufacturing sector purchasing managers' indices are scheduled for release in China, euro area, UK and US.

Identical PMIs, but for services, will follow on Wednesday.

Financial markets will also be keeping an eye out for the latest Chinese foreign trade numbers, also on Friday.

Bank of Canada will decide on interest rates on Wednesday.

Monday 03 June

INTERIMS

Hollywood Bowl Group

INTERIM DIVIDEND PAYMENT DATE

Smart (J) & Co.

QUARTERLY PAYMENT DATE

JpMorgan China Growth & Income , JPMorgan Claverhouse Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

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)

FINALS

GENinCode, Sirius Real Estate Ltd.

SPECIAL DIVIDEND PAYMENT DATE

Ascential

AGMS

Capital & Regional, Chesterfield Resources , Fulcrum Metals, Hostmore , Oakley Capital Investments Ltd. (DI), Pagegroup, Touchstar

UK ECONOMIC ANNOUNCEMENTS

PMI Manufacturing (09:30)

FINAL DIVIDEND PAYMENT DATE

4Imprint Group, Ashtead Technology Holdings, BAE Systems, Vector Capital, Zotefoams

Tuesday 04 June

INTERIMS

Chemring Group, Gooch & Housego

INTERIM EX-DIVIDEND DATE

United Kingdom 3 3/4% Treasury Gilt 29/01/2038

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Factory Orders (US) (15:00)

Unemployment Rate (GER) (08:55)

GMS

Chill Brands Group

FINALS

LondonMetric Property

AGMS

Chapel Down Group, Deltic Energy , Elecosoft Public Limited Company, Foresight VCT, International Public Partnerships Ltd., Kings Arms Yard VCT, S4 Capital, Thungela Resources Limited NPV (DI)

UK ECONOMIC ANNOUNCEMENTS

BRC Sales Monitor (00:01)

FINAL EX-DIVIDEND DATE

Spectra Systems Corporation

Wednesday 05 June

INTERIMS

Paragon Banking Group, Ramsdens Holdings

INTERIM DIVIDEND PAYMENT DATE

Carr's Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

ISM Prices Paid (US) (15:00)

ISM Services (US) (15:00)

MBA Mortgage Applications (US) (12:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:55)

PMI Composite (US) (14:45)

PMI Services (EU) (09:00)

PMI Services (GER) (08:55)

PMI Services (US) (14:45)

Producer Price Index (EU) (10:00)

Q4

Ninety One

FINALS

B&M European Value Retail S.A. (DI), Discoverie Group, Ninety One , VP, Workspace Group

SPECIAL DIVIDEND PAYMENT DATE

Sabre Insurance Group

AGMS

Albion Technology & General VCT, BH Macro Ltd. GBP Shares, Capital Limited (DI), Centrica, Churchill China, Distribution Finance Capital Holdings, Gem Diamonds Ltd. (DI), Great Western Mining Corporation (CDI), Gulf Marine Services, Jersey Oil and Gas , LungLife AI, Inc (DI) , Nostrum Oil & Gas , Pod Point Group Holdings, RTC Group

UK ECONOMIC ANNOUNCEMENTS

PMI Composite (09:30)

PMI Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Ecora Resources, Epwin Group, Genuit Group, Porvair, Sabre Insurance Group

Thursday 06 June

INTERIM EX-DIVIDEND DATE

AJ Bell, Antofagasta 5% Cum Prf, Arbuthnot Banking Group, Aviva 8 3/4% Cumulative Irrd Preference 1, General Accident 'A', Henderson European Focus Trust, Jersey Electricity 'A' Shares, Renew Holdings, Smiths News , Topps Tiles

QUARTERLY EX-DIVIDEND DATE

Assura , BlackRock Sustainable American Income Trust, Energean , RM Infrastructure Income

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (US) (13:30)

Continuing Claims (US) (13:30)

Factory Orders (GER) (07:00)

Initial Jobless Claims (US) (13:30)

Producer Price Index (EU) (10:00)

Retail Sales (EU) (10:00)

Q3

Seraphim Space Investment Trust

FINALS

Mitie Group

SPECIAL DIVIDEND PAYMENT DATE

Steppe Cement Ltd

SPECIAL EX-DIVIDEND DATE

Arbuthnot Banking Group, Billington Holdings, Downing Strategic Micro-Cap Investment Trust Red

AGMS

Argo Blockchain, Camellia, Checkit, China Pacific Insurance (Group) Co., Ltd GDR (Reg S), Downing Renewables & Infrastructure Trust, EJF Investments Ltd NPV, Fevertree Drinks, Invesco Perpetual UK Smaller Companies Inv Trust, Kavango Resources , Kore Potash, REA Holdings, S&U, Tan Delta Systems

UK ECONOMIC ANNOUNCEMENTS

PMI Construction (09:30)

FINAL DIVIDEND PAYMENT DATE

Bodycote, Legal & General Group, Wickes Group

FINAL EX-DIVIDEND DATE

Billington Holdings, Capital Gearing Trust, Computacenter, Edinburgh Inv Trust, Equals Group , FDM Group (Holdings), Gemfields Group Limited, Good Energy Group, Helios Underwriting, Informa, Johnson Matthey, Judges Scientific, Learning Technologies Group , Marshalls, Menhaden Resource Efficiency, Michelmersh Brick Holdings, Microlise Group, National Grid, National World , NEWCASTLE 10 3/4% PERM INT BEARING SHS #1000, Pets at Home Group , Restore, Robinson, RTC Group, Sainsbury (J), Vodafone Group, WPP

Friday 07 June

INTERIM DIVIDEND PAYMENT DATE

Diploma, Income & Growth VCT

QUARTERLY PAYMENT DATE

Chenavari Toro Income Fund Limited NPV, Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (GER) (07:00)

Consumer Credit (US) (20:00)

Gross Domestic Product (EU) (10:00)

Industrial Production (GER) (07:00)

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

Unemployment Rate (US) (13:30)

Wholesales Inventories (US) (15:00)

ANNUAL REPORT

Ondine Biomedical Inc. NPV (CDI)

SPECIAL DIVIDEND PAYMENT DATE

Admiral Group, Capricorn Energy, Sylvania Platinum Ltd (DI)

AGMS

Billington Holdings, Property Franchise Group, Trident Royalties

UK ECONOMIC ANNOUNCEMENTS

Halifax House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Admiral Group, Barr (A.G.), Capital & Regional, FBD Holdings (CDI), Headlam Group, Irish Continental Group Units (Comp) (CDI), Lancashire Holdings Limited, SThree, Tclarke

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