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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Friday preview: US producer prices, JP Morgan in focus

(Sharecast News) - Investors' focus at the end of the week would remain on inflation on either side of the Atlantic.

In the US, the market spotlight would be on a reading for producer prices in March.

It will be followed by the preliminary results for the University of Michigan's consumer confidence survey covering the month of April.

Of particular interest will be the gauges of inflation expectations contained in the same survey following the rise seen over the past couple of months.

Across the Channel meanwhile, CPI data are due out in Germany and Spain.

On home shores, at 0600 GMT the Office for National Statistics will release a reading on gross domestic product growth in February.

On the corporate side of things, lenders JP Morgan and Wells Fargo will kick off the first quarter earnings season in the States.

Consensus is that the former will post earnings per share of $4.57 and the latter EPS of $1.23 on $20.78bn of revenues.

In the case of JP Morgan, at the time of its last results, management guided towards full-year net interest income of $90bn, under the assumption of one interest rate cut during the year.

But following the latest trade tensions, market expectations have shifted to about three rate cuts.

Friday 11 April

INTERIMS

Nanoco Group

INTERIM DIVIDEND PAYMENT DATE

Brooks Macdonald Group, Galliford Try, Income & Growth VCT , Mobeus Income & Growth Vct, Ricardo, Tristel

QUARTERLY PAYMENT DATE

Land Securities Group, Wheaton Precious Metals Corp.NPV (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Producer Price Index (US) (13:30)

SPECIAL DIVIDEND PAYMENT DATE

Lancashire Holdings Limited

AGMS

AstraZeneca, Georgia Capital , Law Debenture Corp.

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

FINAL DIVIDEND PAYMENT DATE

Blackrock Throgmorton Trust, Chemring Group, Gore Street Energy Storage Fund , MTI Wireless Edge Ltd., Scottish American Inv Company

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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