It's all about Tesco in the morning after which attention switches to the latest US inflation number.
Analysts predict Tesco has enjoyed another strong year, but can the supermarket live up to the hype... Read more
Any shock readings in Wednesday’s US inflation reading for March meanwhile could cause some major market turbulence.
“The big risk [...] is that the rising oil price leads to the Fed and other major central banks pushing interest rate cuts further into the future,” XTB’s Kathleen Brooks explained.
Forecasts are for inflation to have risen 3.4% in March, according to Trading Economics, with the core rate expected to subside to 3.7%.
Announcements due:
Finals: Churchill China (AIM:CHH) (Churchill China (AIM:CHH)) PLC, Futura Medical PLC (AIM:FUM, OTC:FAMDF) (Futura Medical PLC (AIM:FUM, OTC:FAMDF), Futura Medical PLC (AIM:FUM, OTC:FAMDF)), M&C Saatchi PLC (AIM:SAA) (M&C Saatchi PLC (AIM:SAA)), Tesco PLC (LSE:TSCO) (Tesco PLC (LSE:TSCO)), Epwin Group PLC (LSE:EPW) (Epwin Group PLC (LSE:EPW))
US earnings: Delta Air Lines Inc (NYSE:DAL) (Delta Air Lines Inc (NYSE:DAL))
AGMs: Wincanton PLC (LSE:WIN, OTC:WNCNF) (Wincanton PLC (LSE:WIN, OTC:WNCNF), Wincanton PLC (LSE:WIN, OTC:WNCNF))
Economic announcements: MBA Mortgage Applications (US), Consumer Price Index (US), Wholesale Inventories (US), Crude Oil Inventories (US), FOMC Interest Rate Minutes (US), BoC Interest Rate Decision (CA)