Week ahead: Global PMIs, UK data in focus
The focus in financial markets over the coming week will be on global manufacturing and services sector conditions with a raft of survey results due out in the euro area, UK and US on Friday.
Both across the Channel and in the UK, factory activity is expected to have slowed very slightly, more than offset by a pick up in services as Covid-19 restrictions began to be lifted and the pandemic retreated.
Also due out on home shores is a reading for consumer prices in April, come Wednesday, which is expected to reveal a jump in headline harmonised CPI from a year-on-year pace of 1.0% for April to 1.6% in May.
UK retail sales data for April meanwhile, which is scheduled for release on Friday, is forecast to show a 36.8% year-on-year surge.
Stateside, the spotlight may well be on a speech from Federal Vice-President, Richard Clarida, on Monday, with investors keen for real-time insights into the central bank's thinking.
The minutes of the Fed's most recent policy meeting, on Wednesday, will also be closely scrutinised for the same reason.
Further afield, Monday will bring with it the release of a barrage of activity indicators for April in the People's Republic of China.
Monday 17 May
INTERIMS
Cerillion , Diploma, Hollywood Bowl Group
FINALS
Petropavlovsk
EGMS
Bahamas Petroleum Co
AGMS
GCP Asset Backed Income Fund Limited, Horizonte Minerals, Vistry Group
FINAL DIVIDEND PAYMENT DATE
Quilter, Uniphar (CDI)
Q1
Fondul Proprietatea S.A. GDR (Reg S), PJSC Acron GDR (REG S)
Tuesday 18 May
INTERIMS
Benchmark Holdings , Hyve Group, Imperial Brands , Sureserve Group, Tritax Eurobox (GBP), Watkin Jones
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
Building Permits (US) (13:30)
Housing Starts (US) (13:30)
Q2
Benchmark Holdings
FINALS
Assura , First Derivatives, Homeserve, Land Securities Group, Mckay Securities, Minds + Machines Group Limited (DI), Sanderson Design Group, Trinity Exploration & Production, Vodafone Group
AGMS
4Imprint Group, Accesso Technology Group, Burford Capital NPV (DI), Cairn Homes (CDI), Chaarat Gold Holdings Ltd. (DI), Chesnara, Forterra, Greggs, Kakuzi Ltd., Metro Bank, Mobeus Income & Growth 4 Vct, Myanmar Strategic Holdings Limited NPV (DI), Myanmar Strategic Holdings Limited NPV (DI), Royal Dutch Shell 'A', Standard Life Aberdeen, US Solar Fund, Vivo Energy
TRADING ANNOUNCEMENTS
DP Eurasia N.V. (DI)
UK ECONOMIC ANNOUNCEMENTS
Claimant Count Rate (07:00)
Unemployment Rate (07:00)
FINAL DIVIDEND PAYMENT DATE
Fidelity European Trust, Merchants Trust, Phoenix Group Holdings , Savills, TP Icap Group
Q1
Georgia Capital
Wednesday 19 May
INTERIMS
Future, Mitchells & Butlers
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (EU) (10:00)
Crude Oil Inventories (US) (15:30)
MBA Mortgage Applications (US) (12:00)
GMS
Invesco Enhanced Income Limited
FINALS
Escape Hunt , Experian, Great Portland Estates, LXI Reit , Ninety One , Premier Foods
AGMS
Alliance Pharma, BlackRock Latin American Inv Trust, Boku, Inc (DI) Reg S Cat 3/144A, Coats Group, Diaceutics , Dialight, Distribution Finance Capital Holdings, EKF Diagnostics Holdings , Funding Circle Holdings , IQ-AI Limited, Joint Stock Company National Atomic Company Kazatomprom GDR (Reg S) , K3 Business Technology Group, Keller Group, Permanent TSB Group Holdings (CDI), Plutus PowerGen, Regional REIT Limited, Riverstone Credit Opportunities Income, Safestyle UK , Sanne Group, Science Group , Verici DX
TRADING ANNOUNCEMENTS
Regional REIT Limited
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (07:00)
Producer Price Index (07:00)
Retail Price Index (07:00)
FINAL DIVIDEND PAYMENT DATE
Dunedin Enterprise Investment Trust, Kenmare Resources (CDI), Melrose Industries, Morgan Sindall Group, Rentokil Initial
Q1
MHP SE GDR (Reg S)
Thursday 20 May
INTERIMS
easyJet, Euromoney Institutional Investor, Nexus Infrastructure
INTERIM EX-DIVIDEND DATE
Bellway, Brewin Dolphin Holdings, Ecclesiastical Insurance 8.625% Non-Cum Irr Pref Shares, Mobeus Income & Growth Vct, Numis Corporation, Titon Holdings
QUARTERLY PAYMENT DATE
M Winkworth
QUARTERLY EX-DIVIDEND DATE
Blackrock North American Income Trust , Contour Global , GlaxoSmithKline, NextEnergy Solar Fund Limited Red, Octopus Renewables Infrastructure Trust , Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD), Raven Property Group Limited Cum Red Pref, TwentyFour Select Monthly Income Fund Limited , Unilever, Wheaton Precious Metals Corp.NPV (CDI)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (13:30)
Current Account (EU) (09:00)
Initial Jobless Claims (US) (13:30)
Producer Price Index (GER) (07:00)
FINALS
National Grid, QinetiQ Group
SPECIAL DIVIDEND PAYMENT DATE
Invesco Enhanced Income Limited, Sabre Insurance Group
SPECIAL EX-DIVIDEND DATE
Howden Joinery Group, Midwich Group, Pembroke Vct B
AGMS
888 Holdings, Adriatic Metals , Capital & Regional, Computacenter, Essentra, Fevertree Drinks, Fevertree Drinks, Gamma Communications, Genuit Group, H&T Group, Henry Boot, Highcroft Investment, Impax Environmental Markets, Kape Technologies, Legal & General Group, Lloyds Banking Group, Lloyds Banking Group, Marshall Motor Holdings, McColl's Retail Group , Mercantile Investment Trust (The), Network International Holdings, S&U, Secure Income Reit , Seplat Petroleum Development Company (DI), Smart Metering Systems, Team, Telit Communications, Tyman, Venture Life Group
TRADING ANNOUNCEMENTS
Kistos , Watches of Switzerland Group
FINAL DIVIDEND PAYMENT DATE
Aggreko, Direct Line Insurance Group, Gresham Technologies, Moneysupermarket.com Group, Sabre Insurance Group, Standard Chartered
FINAL EX-DIVIDEND DATE
BlackRock Smaller Companies Trust, Bunzl, Centamin (DI), Howden Joinery Group, LMS Capital, Morrison (Wm) Supermarkets, Sampo OYJ, Science Group , Tesco
Q1
Helios Towers
Friday 21 May
INTERIMS
Electra Private Equity
QUARTERLY PAYMENT DATE
JPMorgan Asia Growth & Income, Primary Health Properties, Supermarket Income Reit
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Existing Home Sales (US) (15:00)
SPECIAL DIVIDEND PAYMENT DATE
Glencore
AGMS
Central Asia Metals, Circassia Group , Croda International, Fair Oaks Income Limited 2021 Shs NPV, Headlam Group, Old Mutual Limited NPV (DI), Premier African Minerals Ltd, Public Joint Stock Company Severstal GDR (Reg S)
TRADING ANNOUNCEMENTS
Close Brothers Group, Electra Private Equity
UK ECONOMIC ANNOUNCEMENTS
GFK Consumer Confidence (00:01)
Retail Sales (07:00)
FINAL DIVIDEND PAYMENT DATE
Gresham House, Man Group, Maven Income & Growth 4 VCT, Morgan Advanced Materials , Octopus AIM VCT 2, Rotork, Secure Trust Bank, Spirax-Sarco Engineering, St James's Place, Tclarke , TT Electronics, Unite Group, Vector Capital, Vesuvius, Vistry Group