Week ahead: Greece and Eurogroup meeting in focus
The coming week will see markets focus on the result of the International Monetary Fund-World Bank’s spring meetings in Washington D.C..
That comes ahead of the 24 April Eurogroup meeting. Unfortunately, on Friday economists at Credit Suisse wrote: “We believe the chances for a deal to be reached at the Eurogroup meeting on 24 April have significantly lowered in the past few days.”
On Wednesday, the Monetary Policy Committee (MPC) will publish the minutes of its last rate setting meeting. The pass-through to inflation from strength in sterling and whether low inflation expectations will feed into the April wage negotiations, the Swiss broker added.
In the Eurozone the IFO institute’s monthly gauge of business confidence will be the most widely followed economic release.
Lastly, traders will also be keeping a close eye on the latest US data, especially the March figures on durable goods orders.
Monday 20 April
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Producer Price Index (GER) (07:00)
GMS
Fastjet
FINALS
HSS Hire Group , North Midland Construction
AGMS
CityFibre Infrastructure Holdings , JPMorgan US Smaller Co. Inv Tst, Juridica Investments Ltd., PPHE Hotel Group Ltd
Tuesday 21 April
INTERIMS
Associated British Foods, Egdon Resources, Kcell Joint Stock Co GDR (Reg S), Utilitywise
INTERIM DIVIDEND PAYMENT DATE
Brooks Macdonald Group, Sky
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
ZEW Survey (EU) (10:00)
ZEW Survey (GER) (10:00)
Q3
Sky
FINALS
Cdialogues , Toumaz Limited
ANNUAL REPORT
Hydro International, Zincox Resources
IMSS
Redrow
SPECIAL DIVIDEND PAYMENT DATE
Jupiter Fund Management
AGMS
Brit , Domino's Pizza Group, Genel Energy, Herald Inv Trust, Maven Income and Growth VCT 5, Premier Energy & Water Trust, Progressive Digital Media Group, Santander 10te%, Telecity Group
TRADING ANNOUNCEMENTS
Associated British Foods
FINAL DIVIDEND PAYMENT DATE
Baronsmead VCT 5, Jupiter Fund Management , PPHE Hotel Group Ltd
Q1
ARM Holdings, Kcell Joint Stock Co GDR (Reg S), Verizon Communications
Wednesday 22 April
INTERIMS
Connect Group, Fenner, Punch Taverns
INTERIM DIVIDEND PAYMENT DATE
Close Brothers Group, Plexus Holdings
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Confidence Indicator (EU) (10:00)
Crude Oil Inventories (US) (15:30)
Existing Home Sales (US) (15:00)
House Price Index (US) (15:00)
MBA Mortgage Applications (US) (12:00)
GMS
Playtech, Rank Group
FINALS
Gaming Realms, Tesco
IMSS
Ladbrokes, Reed Elsevier, Travis Perkins
AGMS
Audioboom Group, Canadian General Investments Ltd., Croda International, Drax Group, Hammerson, Management Consulting Group, Petards Group
TRADING ANNOUNCEMENTS
Sports Direct International
UK ECONOMIC ANNOUNCEMENTS
BoE Interest Rate Minutes (09:30)
Q1
The Commercial Bank of Qatar (Q.S.C) GDR (Reg S), Torchmark Corp.
Thursday 23 April
INTERIM DIVIDEND PAYMENT DATE
Produce Investments
INTERIM EX-DIVIDEND DATE
Barratt Developments, Carr's Group, Edge Performance VCT 'H' Shares, Nimrod Sea Assets Limited, Tracsis
QUARTERLY EX-DIVIDEND DATE
Unilever
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (13:30)
Initial Jobless Claims (US) (13:30)
New Homes Sales (US) (15:00)
GMS
Red Emperor Resources NL (DI)
FINALS
Air Partner
ANNUAL REPORT
Mail.ru Group Ltd GDR (Reg S)
IMSS
Cobham, Computacenter, Taylor Wimpey
SPECIAL EX-DIVIDEND PAYMENT DATE
Elementis, Hansteen Holdings, Novae Group, OMG
EGMS
Foresight Solar Fund Limited, Independent News & Media, Urals Energy Public Co Ltd. (DI), VietNam Holding Ltd
AGMS
Aberdeen Smaller Companies High Income Trust, Acacia Mining, AFH Financial Group , Anglo American, Barclays, Bodycote, Cobham, Enables IT Group, Essentra, European Assets Trust NV (Regd), Komercni Banka A.S.GDR (Level 1), Meggitt, New World Resources A Shares, Pace, Personal Group Holdings, Phoenix Group Holdings (DI), Promethean World, Reed Elsevier, SThree, Taylor Wimpey, Tomco Energy
TRADING ANNOUNCEMENTS
Mail.ru Group Ltd GDR (Reg S), Meggitt, William Hill, WPP
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Public Sector Finances (09:30)
Retail Sales (09:30)
Trends in Lending (09:30)
FINAL DIVIDEND PAYMENT DATE
Cambian Group, Lavendon Group, Law Debenture Corp., Shore Capital Group Ltd.
FINAL EX-DIVIDEND DATE
AFH Financial Group , Aggreko, Antofagasta, ARM Holdings, Belvoir Lettings, BG Group, Brady, Bwin.party Digital Entertainment, Centamin (DI), Churchill China, Constellation Healthcare Technologies, Inc (Reg S), Drax Group, Elementis, Fevertree Drinks, Glencore , Good Energy Group, Impax Environmental Markets, Invesco Perpetual UK Small Companies Inv Trust, Kingspan Group, Legal & General Group, M. P. Evans Group, Man Group, Martinco , Merchants Trust, Molins, Mondi, NAHL Group, Novae Group, Old Mutual, Pendragon, Portmeirion Group, Rathbone Brothers, Rolls-Royce Holdings, RPS Group, Smart Metering Systems, Somero Enterprises Inc.(Reg S), Stilo International, Tullett Prebon, Tyman, UBM, Unite Group, Xchanging, Zotefoams
Q1
William Hill
Friday 24 April
INTERIM DIVIDEND PAYMENT DATE
Bioventix, Craneware, Finsbury Food Group, Henderson EuroTrust, Renewable Energy Generation Ltd., Smiths Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Durable Goods Orders (US) (13:30)
IFO Business Climate (GER) (09:30)
IFO Current Assessment (GER) (09:30)
IFO Expectations (GER) (09:30)
FINALS
Joint Stock Company Rosseti GDR (Each Repr 200 Ord) Reg S
ANNUAL REPORT
Travis Perkins
IMSS
Phoenix Group Holdings (DI)
SPECIAL DIVIDEND PAYMENT DATE
Catlin Group Ltd.
AGMS
7Digital Group , 88 Energy Limited (DI), Alpha Pyrenees Trust Ltd., AstraZeneca, Holders Technology, HSBC Holdings, Kcell Joint Stock Co GDR (Reg S), Pearson, Principality Building Society Call Sub Step-up Nts 08/07/16 , Rotork, Senior, SpaceandPeople, Spectris, Tricor
TRADING ANNOUNCEMENTS
Record, Spectris
FINAL DIVIDEND PAYMENT DATE
32Red, Amino Technologies, Friends Life Group Limited , Hammerson, IDOX, Real Estate Investors, RTC Group, Stadium Group, Telecity Group
Q1
AstraZeneca