Week ahead: Global manufacturing PMIs in focus
Purchasing managers´ indices for the manufacturing and services sector scheduled for release on Tuesday and Thursday will provide further real-time readings on the current state of affairs in the British economy.
Nevertheless, and as the Monetary Policy Committee pointed out at its last meeting, the uncertainty relating to the 23 June referendum can be expected to continue clouding the data.
Acting as a backdrop, and as occurs on the first week of each month, the most important release by far will be Friday´s US non-farm payrolls number for April, especially given the steady stream of warnings from central bank officials Stateside regarding the possibility the debt markets might be too complacent when it comes to pricing-in further rate hikes this year.
The US services sector PMI from the ISM, on Thursday, will also help to shed light on how that key part of the economy is holding up.
Monday 02 May
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)
AGMS
Norsk Hydro ASA
UK ECONOMIC ANNOUNCEMENTS
PMI Manufacturing (09:30)
Tuesday 03 May
INTERIM DIVIDEND PAYMENT DATE
NWF Group, Smith (DS)
QUARTERLY PAYMENT DATE
Mercantile Investment Trust (The)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Producer Price Index (EU) (10:00)
EGMS
Atlantis Japan Growth Fund Ltd.
AGMS
Henderson High Income Trust, Holders Technology, Randgold Resources Ltd., Stadium Group, Starcom, Stratex International
TRADING ANNOUNCEMENTS
Just Eat
UK ECONOMIC ANNOUNCEMENTS
PMI Construction (09:30)
FINAL DIVIDEND PAYMENT DATE
Aberdeen UK Tracker Trust, Essentra, Foreign and Colonial Inv Trust, Jardine Lloyd Thompson Group, Nichols
Q1
Indivior
Wednesday 04 May
INTERIMS
Imperial Brands , Imperial Brands
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (US) (13:30)
Crude Oil Inventories (US) (15:30)
Factory Orders (US) (15:00)
ISM Non-Manufacturing (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)
Retail Sales (EU) (10:00)
FINALS
1Spatial, Avon Rubber, Beximco Pharmaceuticals Ltd. GDR (Reg S), Venture Life Group
IMSS
Direct Line Insurance Group
DRILLING REPORT
Glencore
AGMS
Amerisur Resources, Audioboom Group, Aviva, BAE Systems, Dairy Farm International Holdings Ltd. (Singapore), Hongkong Land Holding Ltd. (Sing.Reg), International Personal Finance, Intu Properties, Mandarin Oriental International (Singapore), Ocado Group, Royal Bank of Scotland Group, Spirent Communications, St James's Place, Standard Chartered, The Renewables Infrastructure Group Limited, Virgin Money Holdings (UK)
TRADING ANNOUNCEMENTS
Carillion, Direct Line Insurance Group, Glencore , International Personal Finance, Intu Properties, Next, Paddy Power Betfair, Virgin Money Holdings (UK)
UK ECONOMIC ANNOUNCEMENTS
PMI Services (09:30)
FINAL DIVIDEND PAYMENT DATE
Asian Total Return Investment Company, First Quantum Minerals Ltd.
Q1
Hellenic Telecom Industries SA ADS, Royal Dutch Shell 'A', Royal Dutch Shell 'B'
Thursday 05 May
INTERIMS
GW Pharmaceuticals
INTERIM DIVIDEND PAYMENT DATE
Volution Group (WI)
INTERIM EX-DIVIDEND DATE
AB Dynamics, Focusrite, Inland Homes, James Halstead, JRP Group, Lok'n Store Group, SCS Group , Smart (J) & Co., Swallowfield
QUARTERLY EX-DIVIDEND DATE
BP, Custodian Reit , GLI Alternative Finance , SQN Asset Finance Income Fund Limited, Toro Limited
Q2
GW Pharmaceuticals
Q4
BT Group
FINALS
BT Group
IMSS
Provident Financial, RSA Insurance Group
AGMS
Costain Group, Empresaria Group, GKN, GlaxoSmithKline, Gulfsands Petroleum, Howden Joinery Group, IMI, Inmarsat, Jardine Matheson Holdings Ltd (Singapore Reg), Jardine Strategic Holdings Ltd. (Singapore), Johnson Service Group, Kingspan Group, Ladbrokes, Millennium & Copthorne Hotels, Morgan Sindall Group, Personal Group Holdings, Provident Financial, Real Estate Investors, Reckitt Benckiser Group, Rightmove, Robinson, Rolls-Royce Holdings, Sanne Group, Trinity Mirror
TRADING ANNOUNCEMENTS
Derwent London, IMI, Kennedy Wilson Europe Real Estate , Morrison (Wm) Supermarkets, Provident Financial, RSA Insurance Group, Smith & Nephew
UK ECONOMIC ANNOUNCEMENTS
BRC Shop Price Index (00:01)
Halifax House Price Index (08:30)
FINAL DIVIDEND PAYMENT DATE
Amiad Water Systems Ltd, British American Tobacco, Countrywide, Schroders, SEGRO, Ultra Electronics Holdings
FINAL EX-DIVIDEND DATE
Acacia Mining, Acencia Debt Strategies Ltd., Card Factory, Cello Group, Centaur Media, Croda International, Dunedin Income Growth Inv Trust, Empresaria Group, F&C Private Equity Trust, H&T Group, Henderson Group, Highcroft Investment, Holders Technology, Ibstock , Kingfisher, London Stock Exchange Group, Lookers, Morgan Advanced Materials , Mortgage Advice Bureau (Holdings) , Neptune-Calculus Income & Growth VCT, Ocean Wilsons Holdings Ltd., Playtech, Polymetal International, Rightmove, SDL, SimiGon Ltd. (DI), Stock Spirits Group , Total Produce
Q1
Lancashire Holdings Limited
Friday 06 May
INTERIMS
Numis Corporation
INTERIM DIVIDEND PAYMENT DATE
Animalcare Group, Begbies Traynor Group, St Ives
QUARTERLY PAYMENT DATE
British Land Company, Investors Capital Trust 'A' Shares
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Credit (US) (20:00)
Non-Farm Payrolls (US) (13:30)
Unemployment Rate (US) (13:30)
IMSS
InterContinental Hotels Group
AGMS
BrainJuicer Group, Capital & Counties Properties , Clarke (T.), InterContinental Hotels Group, Man Group, Morgan Advanced Materials , RSA Insurance Group, Starwood European Real Estate Finance Ltd, Zhejiang Expressway Co 'H' Shares
TRADING ANNOUNCEMENTS
Capital & Counties Properties , InterContinental Hotels Group, International Consolidated Airlines Group SA (CDI)
FINAL DIVIDEND PAYMENT DATE
Berendsen, BlackRock World Mining Trust, Capital Drilling Ltd. (DI), Charles Taylor, CRH, Entu (UK) , Fevertree Drinks, Fisher (James) & Sons, Fyffes, LSL Property Services, Maven Income & Growth 4 VCT, Meggitt, Mithras Inv Trust, Moneysupermarket.com Group, Pearson, Rexam, Secure Trust Bank, Spirent Communications, Stadium Group, Synectics