Friday preview: US personal income and spending, consumer confidence in focus

by | May 26, 2022

Investors will be treated to a fresh batch of economic data Stateside at the end of the week.
Of greatest importance perhaps will be the latest inflation readings contained in the report on personal incomes and outlays.

Consensus is for a decline in the price deflator for Personal Consumption Expenditures’s headline rate from 6.6% year-on-year for March to 6.3% in April.

The core PCE price index meanwhile is seen slipping from 5.2% to 4.9%.

A final reading on US consumer confidence and their expectations for inflation, courtesy of the University of Michigan, will also be closely-watched.

In the euro area meanwhile, M3 money supply figures are expected to reveal only a dip in the year-on-year rate of growth from 6.4% for March to 6.3% in April.

No major economic reports are scheduled for release in the UK.

Friday 27 May

INTERIM DIVIDEND PAYMENT DATE

Atrato Onsite Energy

QUARTERLY PAYMENT DATE

Octopus Renewables Infrastructure Trust , Supermarket Income Reit

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

M3 Money Supply (EU) (09:00)

Personal Consumption Expenditures (US) (13:30)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

U. of Michigan Confidence (US) (15:00)

FINALS

Volvere, Volvere

AGMS

Barr (A.G.), Big Technologies, BMO Commercial Property Trust Limited, Coca-Cola Europacific Partners (DI), Deepmatter Group, Destiny Pharma , Hostmore , LSL Property Services, Old Mutual Limited NPV (DI), Oxford Biomedica, Spectris, The Renewables Infrastructure Group Limited, Triple Point Social Housing Reit, Triple Point Social Housing Reit

FINAL DIVIDEND PAYMENT DATE

Centaur Media, Clarkson, Dunedin Income Growth Inv Trust, Fevertree Drinks, Franchise Brands, Fresnillo, Gresham House, Harworth Group, Headlam Group, JPMorgan American Inv Trust, Mobius Investment Trust , Octopus AIM VCT 2, Property Franchise Group, Rightmove, Schroder Asian Total Return Investment Company , St James’s Place, Stelrad Group , STV Group, Toyota Motor Corp., Tyman, Vesuvius

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