Finishing off the week will be another share that has fascinated retail investors in recent years, British Airways owner International Consolidated Airlines Group SA (LSE:IAG) .
These results will provide a keenly awaited update on its post-Covid recovery, like Rolls, with its shares up almost 30% since the start of 2023 but still below where they were 12 months ago.
The Anglo-Iberian airline group is still only in the “early stages of recovery,” according to one analyst, while agreeing that this year is set to be “much better” for airlines than had recently been envisaged.
Inflation headlines will dominate macro matters, with the US core personal consumer expenditure (PCE) deflator under the microscope, having fallen back sharply from 5.2% in September to 4.4% in December, its lowest level since October 2021.
Core PCE is set to drop to 4.1% for January, with the monthly figure of 0.4%.
However, says economist James Knightley at ING, there is "nothing stopping the Fed from hiking rates in March".
UK consumer confidence for February is predicted to ease from minus-45 to a still-gloomy minus-44.
Significant announcements
Finals: International Consolidated Airlines Group SA (LSE:IAG), Jupiter Fund Management PLC (LSE:JUP)
Interims: CVS Group (AIM:CVSG) PLC
AGMs: Caledonian Trust (AIM:CNN) PLC, Ediston Property Investment Company Plc (LSE:EPIC)
Economic announcements: GFK Consumer Confidence (UK), Personal Consumption Expenditures (US), Personal Income (US), Personal Spending (US), New Homes Sales (US), U. of Michigan Confidence (Final) (US)