Week ahead: Global services PMIs, RBA in focus
The global services sector will be in focus over the coming week, with surveys from the euro area, UK and US expected to point towards resilience despite the shock from the war in Ukraine.
If expectations are proven correct, that may help to underpin the investment case for global equities.
All three survey results are due out on Tuesday with IHS Markit's UK Purchasing Managers' Index for the sector seen coming in at 60.8, little changed from a preliminary reading of 61.0 and ahead of the 60.5 level observed in February.
Across the Channel meanwhile, a rival services PMI for the euro area is expected to print at 54.8, which would be unchanged from the 'flash' print and only modestly below February's level of 55.5.
Stateside, the Institute for Supply Management will release its own closely-followed services PMI, which is in fact expected to reveal a moderate pick up in the pace of growth.
Central banks won't be far from investors' minds either, with the US Federal Reserve due to release the minutes of 16 March policy meeting on Wednesday.
Down Under meantime, rate-setters in Sydney will meet, also on Tuesday, to decide on monetary policy, although they may be sitting pretty in comparison to others given their country's role as a key commodity exporter.
They will be followed by their counterparts in Romania, also on Tuesday, in Poland on Wednesday and by those in New Delhi on Friday.
Monday 4 April
FINALS
Schroder Asian Total Return Investment Company, Devolver Digital, Inc. (DI) Reg S Cat 3/144A, MEDICA GROUP, Surface Transforms, Belvoir Group, Zegona Communications, Elixirr International, Xpediator
INTERIMS
Cloudbreak Discovery
TRADING ANNOUNCEMENTS
Eckoh, Thruvision Group, Distribution Finance Capital Holdings, Likewise Group, The Fulham Shore
AGMs
Poolbeg Pharma, Fintel
ANNUAL REPORT
Symphony International Holdings Ltd., Schroder Asian Total Return, Investment Company, Abcam, S&U, Yu Group, Aquis Exchange, Cenkos Securities
DRILLING REPORT
Power Metal Resources, Yamana Gold Inc. NPV (CDI), AEX Gold Inc. NPV (DI)
FINAL EX-DIVIDEND DATE
Howden Joinery Group
FINAL DIVIDEND PAYMENT DATE
Apax Global Alpha Limited
INTERIM DIVIDEND PAYMENT DATE
MJ Gleeson
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (GER) (07:00)
Current Account (GER) (07:00)
Factory Orders (US) (15:00)
Tuesday 5 April
FINALS
DP Eurasia N.V. (DI), Quixant, Sourcebio International, Next Fifteen Communications, Property Franchise Group
TRADING ANNOUNCEMENTS
Moonpig Group, Marlowe
AGMs
Nokia OYJ, Scottish American Inv Company, Athelney Trust
EGMs
New Century AIM VCT 2
ANNUAL REPORT
New Century AIM VCT 2
FINAL DIVIDEND PAYMENT DATE
Barclays
INTERIM DIVIDEND PAYMENT DATE
Pennon Group
QUARTERLY EX-DIVIDEND DATE
Marsh & Mclennan Cos Inc.
UK ECONOMIC ANNOUNCEMENTS
PMI Services (09:30)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
PMI Composite (GER) (08:55)
PMI Services (GER) (08:55)
PMI Composite (EU) (09:00)
PMI Services (EU) (09:00)
PMI Services (US) (14:45)
PMI Composite (US) (14:45)
ISM Services (US) (15:00)
ISM Prices Paid (US) (15:00)
Wednesday 6 April
FINALS
Wentworth Resources NPV, Avacta Group, Gresham House Energy Storage Fund, IGas Energy, Hilton Food Group, EPWIN GROUP
INTERIMS
Applied Graphene Materials
AGMs
Downing Renewables & Infrastructure Trust, Maven Income & Growth 3 VCT
FINAL EX-DIVIDEND DATE
Banco Bilbao Vizcaya Argentaria SA
FINAL DIVIDEND PAYMENT DATE
Driver Group
INTERIM DIVIDEND PAYMENT DATE
Hargreaves Services, Alumasc Group, Appreciate Group, Wilmington
QUARTERLY PAYMENT DATE
Alpha Real Trust Ltd.
UK ECONOMIC ANNOUNCEMENTS
PMI Construction (09:30)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Factory Orders (GER) (07:00)
Producer Price Index (EU) (10:00)
MBA Mortgage Applications (US) (12:00)
Crude Oil Inventories (US) (15:50)
Thursday 6 April
FINALS
Attraqt Group
INTERIMS
Tracsis
TRADING ANNOUNCEMENTS
Parity Group
AGMs
Polar Capital Global Financials Trust, AFC Energy, RM, Law Debenture Corp.
EGMs
Lekoil Ltd (DI)
ANNUAL REPORT
Menzies(John)
FINAL EX-DIVIDEND DATE
Rotork, Personal Group Holdings
Chesnara, Direct Line Insurance Group, Scotgems, Lloyds Banking Group, TP Icap Group, Rentokil Initial, Vistry Group, Aferian, Quilter, Kerry Group 'A' Shares (CDI), FEVERTREE DRINKS, Dunedin Enterprise Investment Trust, Savills, Grafton Group Ut (CDI), Smurfit Kappa Group (CDI), Man Group, Melrose Industries, Abrdn, Mondi, F&C Investment Trust, Harbour Energy, Somero Enterprises Inc. (DI), International Personal Finance, Kitwave Group, IMI, Synectics, Domino's Pizza Group, Capital Limited (DI), Luceco, Aviva
FINAL DIVIDEND PAYMENT DATE
Safestore Holdings
INTERIM EX-DIVIDEND DATE
Henderson EuroTrust, Kings Arms Yard VCT, International Public Partnerships Ltd., Smith (DS), Schroder Income Growth Fund, Chelverton UK Dividend Trust, Bioventix, Invesco Asia Trust, abrdn Smaller Companies Income Trust, Ediston Property Investment Company, Smiths Group, Shires Income, VinaCapital Vietnam Opportunity Fund Ltd., Begbies Traynor Group, US Solar Fund, Barratt Developments, Martin Currie Global Portfolio Trust, Tristel, DFS Furniture, US Solar Fund (GBP), European Assets Trust, Northamber, Savills, Nippon Active Value Fund, Troy Income & Growth Trust, Softcat, Murray International Trust, Henderson High Income Trust, Diageo, PZ Cussons, Dechra Pharmaceuticals, BBGI Global Infrastructure S.A. NPV (DI), South32 Limited (DI)
SPECIAL EX-DIVIDEND DATE
DFS Furniture, Savills, Somero Enterprises Inc. (DI)
QUARTERLY EX-DIVIDEND DATE
Real Estate Investors, Marble Point Loan Financing Limited NPV, BMO Private Equity Trust, BMO UK High Income Trust, BMO UK High Income Trust B Shares
QUARTERLY PAYMENT DATE
Wheaton Precious Metals Corp.NPV (CDI), GlaxoSmithKline, Land Securities Group
UK ECONOMIC ANNOUNCEMENTS
Halifax House Price Index (07:00)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Industrial Production (GER) (07:00)
Retail Sales (EU) (10:00)
Initial Jobless Claims (US) (13:30)
Continuing Claims (US) (13:30)
Consumer Credit (US) (20:00)
Friday 7 April
TRADING ANNOUNCEMENTS
Cmc Markets
AGMs
Rio Tinto
FINAL DIVIDEND PAYMENT DATE
IDOX, Crest Nicholson Holdings, Independent Inv Trust, Scottish American Inv Company, Banco Bilbao Vizcaya Argentaria SA
INTERIM DIVIDEND PAYMENT DATE
Galliford Try, Sylvania Platinum Ltd (DI), Ricardo, NB Global Monthly Income Fund Limited Red Ord Shs NPV £, Hays, JPMorgan Global Growth & Income, I3 Energy, Redrow, Dunelm Group, Gore Street Energy Storage Fund, Abrdn UK Smaller Companies Growth Trust, BMO Managed Portfolio Trust Inc Shs
SPECIAL DIVIDEND PAYMENT DATE
Independent Inv Trust
QUARTERLY PAYMENT DATE
Regional REIT Limited
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Wholesale Inventories (US) (15:00)