Friday preview: US and China CPI in the spotlight
All eyes at the end of the week will be on key consumer price inflation data due out in the US and in China, especially the former.
Investors are keen to find out whether or not inflation is indeed peaking in the States.
Economists at Barclays Research anticipate that the US Department of Labor will say that the annual rate of headline inflation edged back up by one tenth of a percentage point in May to 8.4%.
However, at the core level, CPI is expected to have slowed again, from the 6.2% clip observed in April to 5.9%.
Also due out are gauges of inflation expectations among American consumers one and five-years out for early June, courtesy of the University of Michigan.
UofM will also release the results of its consumer confidence survey.
In the People's Republic of China, CPI is seen picking up from 2.1% year-on-year for April to 2.3% in May.
Chinese factory gate price gains meanwhile are seen slowing from a 8.0% clip to 6.6%.
Across the Channel, Spain's national office of statistics will release a final CPI reading for May and Italy's ISTAT industrial production data for April.
Back in the UK, overnight the Recruitment and Employment Confederation will publish its permanent staff placements and salaries indices for May.
Friday 9 June
FINALS
Mind Gym
AGMs
Global Ports Investments GDR (REG S), Ergomed, Starwood European Real Estate, Finance Ltd, Ultra Electronics Holdings, M. P. Evans Group, THG, XLMedia
EGMs
ROS Agro GDR REG S
FINALS
Reach
Strix Group, SThree, Barr (A.G.), Lancashire Holdings Limited, Weiss Korea Opportunity Fund Ltd, FDM Group (Holdings), Centamin (DI)
INTERIM DIVIDEND PAYMENT DATE
Witan Inv Trust
Home Reit, Diploma, One Media IP Group, Ecofin U.S. Renewables Infrastructure, Trust, James Halstead, Ecofin U.S. Renewables Infrastructure Trust, Lok'n Store Group, VH Global Sustainable Energy Opportunities, Focusrite, Invesco Perpetual UK Smaller Companies Inv Trust, I3 Energy
SPECIAL DIVIDEND PAYMENT DATE
Taylor Maritime Investments Limited NPV
QUARTERLY PAYMENT DATE
INTERNATIONAL BUSINESS MACHINES CORPORATION COM STK USD0.20 (CDI), ContourGlobal
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (US) (13:30)
U. of Michigan Confidence (Prelim) (US) (15:00)
Budget Statement (US) (19:00)