Wednesday preview: Economic data for March unveiled
All eyes will on be on the release of new macro-economic data on Friday including consumer confidence in the UK and Germany.
All eyes will on be on the release of new macro-economic data on Friday including consumer confidence in the UK and Germany.
Germany's consumer confidence is expected to rise for a second month in March, according to market research company GFK.
An improving economic outlook and stable labour market has encouraged household spending over the past month, the Nuremberg-based company said.
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GFK forecast an increase to 5.9 next month from 5.8 in February.
The Bundesbank this month anticipated that Europe's largest economy to return to growth in the current quarter.
Business and investor confidence both rose more than analysts' expectations this month.
Meanwhile UK's consumer confidence data for March is expected to reflect a better jobs market.
"We would expect the forthcoming March GFK consumer report to strike a similar tone, with the jobs market having continued to recover" said Investec's Victoria Cadman.
"But any firmer rebound in confidence does however look to be a way off, with UK economic indicators having remained soft over the month and with the budget starting to headline in many of the papers in early March, reminding households that difficult times still lie ahead."
Wednesday March 27th
INTERIMS
Proactis Holdings
INTERIM EX-DIVIDEND DATE
Abbey, Air Partner, British Sky Broadcasting Group, Mobeus Income & Growth 2 Vct, Photo-Me International, Smiths Group, Tristel, Ultimate Finance Group
QUARTERLY EX-DIVIDEND DATE
Africa Opportunity Fund Ltd., British Land Co, Mercantile Investment Trust (The), Schroder Income Growth Fund
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Business Climate Indicator (EU) (10:00)
Crude Oil Inventories (US) (14:30)
Economic Sentiment Indicator (EU) (10:00)
GFK Consumer Confidence (GER) (07:00)
MBA Mortgage Applications (US) (11:00)
Pending Homes Sales (US) (14:00)
FINALS
ACTA S.P.A, Alpha Bank GDR (Reg S) USD, Biome Technologies, Henry Boot, IFG Group, Instem
ANNUAL REPORT
Capital & Counties Properties
SPECIAL EX-DIVIDEND PAYMENT DATE
DP World Limited, Impellam Group, Ortus VCT
AGMS
Amino Technologies, Beazley, Enables IT Group, Jupiter Second Split Trust Geared Gwth Shares, MCB Bank Ltd GDR (Reg S), Milestone Group, St. Modwen Properties, SVG Capital
UK ECONOMIC ANNOUNCEMENTS
Balance of Payments (09:30)
Current Account (09:30)
GDP (quarterly national accounts) (09:30)
GFK Consumer Confidence (00:01)
Index of Services (09:30)
FINAL DIVIDEND PAYMENT DATE
Catco Reinsurance Opportunities Fund Ltd (DI)
FINAL EX-DIVIDEND DATE
Amino Technologies, Argo Group Ltd., Bovis Homes Group, Devro, DP World Limited, Driver Group, John Laing Infrastructure Fund Ltd, Miton Group, Motivcom, Nichols, Pennant International Group, PPHE Hotel Group Ltd, Prudential, Schroders, Wynnstay Group
RD
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