Wednesday preview: US ADP jobs report in focus

by | Aug 2, 2023

(Sharecast News) – The economic and corporate calendar in the middle of the week was sparse in all geographies.
However, at 1315 BST consultancy ADP was scheduled to release its tally of private sector hiring for the month of July.

Consensus was for a slowdown from the 497,000 pace observed in June to 188,000.

Nonetheless, while the report often elicited a reaction in financial markets, its track record in helping to predict the official non-farm payrolls report that was published two days later was lacklustre at best.

Wednesday 02 August

INTERIMS

Convatec Group , Endeavour Mining, Ferrexpo, Haleon , IP Group, Man Group, Smurfit Kappa Group (CDI), Spirent Communications, Taylor Wimpey

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

Q2

Endeavour Mining

GMS

Premier African Minerals Ltd

FINALS

TheWorks.Co.Uk

AGMS

Bushveld Minerals Limited, JPMorgan Global Core Real Assets Limited, Livermore Investments Group Ltd., Sequoia Economic Infrastructure Income Fund Limited , Wizz Air Holdings

FINAL DIVIDEND PAYMENT DATE

Aquila Services Group, Tate & Lyle

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