Investors will keep a close watch on international economic announcements out Wednesday, particularly in Germany.
Germany, Europe's biggest economy, will see the release of the consumer price index reading for May.
Consumer price inflation in the country slowed more than expected in April, hitting the lowest level since September 2010.
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The German Federal Statistics Bureau said consumer prices rose at an annualised rate of 1.2% last month, compared to expectations for a 1.4% increase.
The latest unemployment rate figures will also be unveiled after German Labour Minister Ursula von der Leyen pointed to the job crisis for young people in the Eurozone. She said the key to work lies with small businesses.
It comes as German Chancellor Angela Merkel hinted at a softer stance towards Europe's recession-hit southern states as she looks on track to win a third term in a September election.
"Fiscal policy is not everything," she said at a new conference in Berlin last month, according to Reuters. "We do politics for people and people want jobs."
Wednesday May 29th
Brewin Dolphin Holdings
INTERIM EX-DIVIDEND DATE
A&J Mucklow Group, Baronsmead VCT, Baronsmead VCT 2, Britvic, GCP Infrastructure Investments Ltd, Keystone Inv Trust, Marston's, Matchtech Group, Town Centre Securities
QUARTERLY EX-DIVIDEND DATE
Anglogold Ashanti Ltd., Canaccord Financial Inc., Canadian General Investments Ltd., Duet Real Estate Finance Ltd, Energy XXI (Bermuda) (Di), Premier Energy & Water Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (GER) (07:00)
Crude Oil Inventories (US) (15:30)
International Reserves (EU) (11:00)
M3 Money Supply (EU) (09:00)
Unemployment Rate (GER) (08:55)
Digital Barriers, Iomart Group, Mckay Securities, Scapa Group, Telford Homes, Torotrak, Volex
SPECIAL EX-DIVIDEND PAYMENT DATE
Abbey Protection, Ashley (Laura) Holding, Spirax-Sarco Engineering
Bango, Desire Petroleum, Frenkel Topping Group, Good Energy Group, Irish Continental Group Units, Judges Scientific, Kenmare Resources, Lonrho, Open Joint Stock Company Nomos Bank GDR (REG S), SQS Software Quality Systems AG
UK ECONOMIC ANNOUNCEMENTS
CBI Distributive Trades Surveys (11:00)
FINAL DIVIDEND PAYMENT DATE
Central Asia Metals, Legal & General Group
FINAL EX-DIVIDEND DATE
Amec, BlackRock Smaller Companies Trust, BrainJuicer Group, British American Inv Trust, Cable & Wireless Communications, Cayenne Trust, Cello Group, Dillistone Group, Downing Planned Exit VCT 6, Downing Planned Exit VCT 7, Downing Planned Exit VCT 8, Downing Planned Exit VCT 9, Games Workshop Group, Graphite Enterprise Trust, Great Portland Estates, Hill & Smith Holdings, Hilton Food Group, Huntsworth, Investec Structured Products Calculus VCT, Investec Structured Products Calculus VCT 'C' Shares, JZ Capital Partners Ltd, Kakuzi Ltd., Marks & Spencer Group, Martin Currie Global Portfolio Trust, Mecom Group, Networkers International, NMC Health, Pacific Assets Trust, Premier Farnell, Rotala, Scottish Mortgage Inv Trust, Slingsby H.C, Spectris, Staffline Group, Tarsus Group, TLA Worldwide
Espirito Santo Financial Group SA
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