Thursday preview: US PCE price data, Chinese manufacturing in focus

(Sharecast News) - Investor focus on Thursday will be on inflation readings due out on either side of the Atlantic. In the States, at 1230 BST the US Department of Commerce will release personal income and spending figures covering the month of June.

Contained in that same report are readings for the core personal price deflator for the month of June, the Federal Reserve's preferred inflation gauge.

Consensus is for core PCE rate to have accelerated from 2.3% to 2.5%.

Earlier, investors will be digesting readings for consumer prices in France, Germany, Italy throughout the morning.

Overnight, markets will be waiting on a reading for Caixin's Chinese manufacturing sector Purchasing Managers' Index for July.

Also during Asian trading hours, rate-setters in Japan will meet to decide on monetary policy.

Lastly, after the New York close US technology giants Amazon and Apple will release their latest quarterly results.

Thursday 31 July

INTERIMS

Abrdn , Anglo American, Drax Group, Elementis, Endeavour Mining, Haleon , Hammerson, Helios Towers , London Stock Exchange Group, Melrose Industries, Mondi, Rentokil Initial, Robert Walters, Rolls-Royce Holdings, Samsung Electronics Co Ltd (ATT) GDR (Reg S), Schroders, SEGRO, Standard Chartered

INTERIM DIVIDEND PAYMENT DATE

BP 8% Cum 1st Prf, BP 9% 2nd Prf, Compass Group, Kitwave Group, S and U 31.5% Prf. Cum. Prf 12.5P, WH Smith

INTERIM EX-DIVIDEND DATE

Lloyds Banking Group, Mony Group

QUARTERLY PAYMENT DATE

CT Private Equity Trust, Middlefield Canadian Income PCC, Real Estate Investors

QUARTERLY EX-DIVIDEND DATE

Brunner Inv Trust, Custodian Property Income Reit, GCP Asset Backed Income Fund Limited, HICL Infrastructure

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Continuing Claims (US) (13:30)

Import Price Index (GER) (07:00)

Initial Jobless Claims (US) (13:30)

Personal Consumption Expenditures (US) (13:30)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

Unemployment Rate (EU) (10:00)

Unemployment Rate (GER) (08:55)

Q2

Endeavour Mining, Samsung Electronics Co Ltd (ATT) GDR (Reg S), Shell , Unilever

SPECIAL DIVIDEND PAYMENT DATE

Fidelity China Special Situations , Personal Assets Trust

AGMS

eEnergy Group, Energypathways, Foresight Group Holdings Limited NPV, MyHealthchecked , NewRiver REIT, SIMEC Atlantis Energy Limited (DI)

TRADING ANNOUNCEMENTS

Next

UK ECONOMIC ANNOUNCEMENTS

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Camellia, Edinburgh Inv Trust, Fidelity China Special Situations , Shires Income, Tatton Asset Management , Templeton Emerging Markets Inv Trust, Wynnstay Properties

FINAL EX-DIVIDEND DATE

Braemar , CML Microsystems, Latham (James), Octopus AIM VCT, Triad Group, Volex