Donald Trump’s guilty verdict, UK election campaigning and interest rate decisions will dominate the headlines next week, with the long-term result of all three likely to influence markets.
It will be a slightly quieter week for company news, with B&M and British American Tobacco the only two FTSE 100 firms reporting results.
Investors should, nonetheless, gain some insight into the state of consumer spending and the retail industry as Hollywood Bowl and WH Smith post financials. At the same time, the BRC will release its sales monitor.
On Thursday, economists could witness the European Central Bank beat the UK and the US in the race to cut interest rates.
Analysts predict that the Germany-based institution will vote to drop borrowing rates from 4.5% to 4.25%, offering the first sign that economies are moving away from a high-interest rate environment.
Back to the UK and an update from Bellway plus housing data from Halifax will reveal whether there have been any improvements in the property industry over the last few months.
Meanwhile, BAT may become one of the first companies to benefit from the upcoming election, with Sunak’s anti-smoking bill at risk of not being passed through in time.
Monday 03 June
Hollywood Bowl Group PLC (LSE:BOWL) should indicate the mood of consumers and if they feel more comfortable about their finances... Read More
Announcements due:
Finals: Sirius Real Estate Ltd, GENinCode PLC
Interims: Hollywood Bowl Group PLC (LSE:BOWL), Hercules Sites Services PLC
AGMs: Capital & Regional PLC (LSE:CAL), Chesterfield Resources PLC (LSE:CHF), Fulcrum Metals PLC, Hostmore PLC (LSE:MORE), Oakley Capital Investments (AIM:OCI) Ltd, PageGroup PLC (LSE:PAGE), Touchstar PLC (LSE:TST), Abrdn UK Smaller Companies Growth Trust PLC,
Economic announcements: PMI Manufacturing (UK), PMI Manufacturing (EU), PMI Manufacturing (US), Construction Spending (US)
Tuesday 04 June
British American Tobacco PLC (LSE:BATS) has been given some extra time to plan for a smoke-free UK... Read More
Announcements due:
Trading update: British American Tobacco PLC (LSE:BATS)
Finals: LondonMetric Property PLC (LSE:LMP), Myhealthchecked PLC
Interims: Chemring Group (LSE:CHG) PLC, Gooch & Housego PLC (AIM:GHH), Ferguson PLC (LSE:FERG)
US earnings: CrowdStrike Holdings Inc (NASDAQ:CRWD), Hewlett Packard Enterprise Co (NYSE:HPE, ETR:2HP)
AGMs: Chapel Down Group PLC (AIM:CDGP), Deltic Energy PLC (AIM:DELT), Eleco PLC (AIM:ELCO), Foresight VCT PLC, International Public Partnerships Ltd (LSE:INPP), Kings Arms Yard VCT PLC, S4 Capital PLC (LSE:SFOR), Thungela Resources Ltd
Economic announcements: BRC Sales Monitor (UK), Factory Orders (US), Auto Sales (US)
Wednesday 05 June
B&M European Value Retail SA (LSE:BME) said profit for the year will likely be at the top end of guidance after revenue jumped by over 10%... Read More
Announcements due:
Trading updates: Ninety One PLC (LSE:N91), WH Smith PLC (LSE:SMWH)
Finals: B&M European Value Retail SA (LSE:BME), DiscoverIE Group PLC, Ninety One PLC (LSE:N91), Vp PLC, Workspace Group PLC (LSE:WKP)
Interims: Paragon Banking Group PLC (LSE:PAG), Ramsdens Holdings PLC (AIM:RFX)
US earnings: HP Inc (NYSE:HPQ), Salesforce Inc (NYSE:CRM, ETR:FOO), UiPath Inc (NYSE:PATH)
AGMs: Albion Technology & General VCT PLC, BH Macro (LSE:BHMG) Ltd, Capital Ltd, Centrica PLC (LSE:CNA), Churchill China (AIM:CHH), Distribution Finance Capital Holdings PLC, Gem Diamonds Ltd, Great Western Mining Corp PLC, Gulf Marine Services PLC (AIM:GMS), Jersey Oil & Gas PLC, LungLife AI Inc (AIM:LLAI), Nostrum Oil & Gas PLC, Pod Point Group Holdings PLC (LSE:PODP), RTC Group PLC (AIM:RTC), Digitalbox PLC (AIM:DBOX)
US earnings: Gamestop Corp
Economic announcements: PMI Composite (UK), PMI Services (UK), PMI Composite (US), PMI Services (US), ISM Services (US), PMI Composite (EU), PMI Services (EU), Producer Price Index(EU)
Thursday 06 June
Mitie Group PLC (LSE:MTO) launched a £50 million share buyback programme after saying it expected revenues to hit £4.5 billion... Read More
Announcements due:
Trading updates: Seraphim Space Investment Trust PLC (LSE:SSIT), S & U PLC
Finals: Mitie Group PLC (LSE:MTO), Schroder Real Estate Investment Trust (LSE:SREI) PLC
US earnings: NIO Inc (NYSE:NIO), Docusign Inc
AGMs: Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP), Camellia (LSE:CAM) PLC, Checkit PLC (AIM:CKT, OTC:ECKTF), Downing Renewables & Infrastructure Trust PLC (LSE:DORE), EJF Investments Ltd (LSE:EJFI), Fevertree Drinks (AIM:FEVR) PLC, Invesco Perpetual UK Smaller Cos Inv Tst PLC, Kavango Resources PLC (LSE:KAV, OTC:KVGOF), Kore Potash PLC (AIM:KP2, ASX:KP2, JSE:KP2), R.E.A. Holdings PLC, S & U PLC, Tan Delta Systems PLC (AIM:TAND), Kosmos Energy Ltd (LSE:KOS, NYSE:KOS), S4 Capital PLC (LSE:SFOR), Inspecs Group PLC
Economic announcements: ECB Interest Rate Decision (EU), Retail Sales (EU), Balance of Trade (US, Continuing Claims (US), Initial Jobless Claims (US), PMI Construction (UK)
Ex dividends to reduce FTSE 100 by: 12.13
Friday 07 June
Election talk is expected to feature in housebuilder Bellway PLC's (LSE:BWY) update... Read More
Announcements due:
Trading updates: Bellway PLC (LSE:BWY)
Finals: CMO Group PLC (AIM:CMO), Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF)
AGMs: Billington Holdings Plc (AIM:BILN), Property Franchise Group PLC, Trident Royalties PLC (AIM:TRR, OTCQX:TDTRF)
Economic announcements: Halifax House Price Index (UK), Gross Domestic Product (EU), Non-Farm Payrolls (US), Unemployment Rate (US)