Monday 4 October
-US factory orders
-In the US, a trading update from Ford
Tuesday 5 October
-Trading update from Greggs
-Monetary policy decision from the Reserve Bank of Australia
-Services industry purchasing managers’ indices (PMIs) from Asia, Europe, the UK and US
-In the US, quarterly results from PepsiCo
Wednesday 6 October
-Tesco first-half results
AJ Bell noted Tesco shares are up by just under a fifth over the past year, likely buoyed by its £5bn cash return to shareholders following the sale of its Thai and Malaysian operations, a possible easing in Covid-related costs, and M&A activity in other parts of the grocery sector.
-Trading updates from Imperial Brands, Topps Tiles and Ferrexpo
-UK construction industry purchasing managers’ index (PMI)
-Monetary policy decision from the Reserve Bank of New Zealand
-ADP US jobs survey
-US oil inventories data
-In the US, quarterly results from Constellation Brands and Levi Strauss
Thursday 7 October
-Full-year results from Mondi
-First-half results from Vertu Motors and Morses Club
-Trading statements from Robert Walters
-Halifax UK house price survey
-Challenger, Gray & Christmas US job losses survey
-US weekly unemployment claims
-In the US, quarterly results from food group Conagra
Friday 8 October
-US non-farm payrolls
AJ Bell said: “The US Federal Reserve has already noted that inflation is now running well ahead of its 2% target but concern over employment has thus far persuaded the American central bank to keep quantitative easing running at $120bn a month and leave interest rates at 0.25%.”
-TSMC and UMC monthly sales figures
AJ Bell said: “Amid concerns over shortages of fuel, HGV drivers, carbon dioxide, turkeys and some processed foods, the global semiconductor shortage seems to be getting less attention, even if is no less fundamental. Tight supply of silicon chips is already holding back global car output and China’s own energy problems may mean that some chip factories are having to endure temporary shutdowns, further restricting supply.”
It added: “The latest monthly sales figures, for September, will give a further look into the global chip industry.”
-Trading update from Electrocomponents
