Monday 24 April
- – Full-year results from Keystone Law
- – Rightmove UK house price index
- – German Ifo business climate index
- – Belgian Courbe Synthetique business climate index
- – In Europe, quarterly results from Philips
- – In the US, quarterly results from Coca-Cola and Whirlpool
Tuesday 25 April
- – Full-year results from Petrofac and Card Factory
- – First-half results from Primark and British Sugar-owner Associated British Foods
- – Trading statements from Anglo American and Travis Perkins
- – UK government borrowing figures
- – Interest rate decision from the Bank of Japan
- – US new homes sales
- – US Case-Shiller house price index
- – In Europe, quarterly results from Nestlé, Novartis, Kering, UBS, Banco Santander, ABB, ASMI, Carrefour, Akzo Nobel, Randstad and Valeo
- – In the US, quarterly results from Microsoft, Alphabet, Visa, PepsiCo, McDonald’s, UPS, Texas Instruments, Verizon Communications, Raytheon, General Electric, 3M, General Motors, Kimberly Clark, Warner Brothers Discovery, Illumina, Halliburton, Spotify, Snap, Teradyne, Entegris and Wolfspeed
Wednesday 26 April
- – Trading updates from GSK, Glencore, Persimmon, Standard Chartered, Smith & Nephew, CRH, Bunzl, Fresnillo and Nichols
- – US durable goods orders
- – US weekly oil inventories
- – In Asia, quarterly results from Kweichou Moutai, UMC and SKHynix
- – In Europe, quarterly results from Roche, Iberdrola, Universal Music, Danone, Deutsche Boerse, Beiersdorf, Kone, Jeronimo Martins, Puma, SSAB, Saab, BESI and Unibail-Rodamco-Westfield
- – In the US, quarterly results from Meta Platforms, Boeing, General Dynamics, KLA-Tencor, United Rentals, eBay, Mattel and Pinterest
Thursday 27 April
- – Full-year results from Sainsbury’s
- – Trading statements from AstraZeneca, Barclays, WPP, Taylor Wimpey, Howden Joinery, Lancashire, London Stock Exchange, Weir, Spectris, Robert Walters and Indivior
- – Unilever results
Multinational consumer goods firm Unilever will report its Q1 results on Thursday. According to AJ Bell investment director Russ Mould and head of financial analysis Danni Hewson, analysts expect a 3.2% underlying drop in the firm’s volumes and a 10.7% increase in prices following on from a strong trading performance in the second half of the 2022 financial year.
Mould and Hewson said: “Shares in the food and household goods giant, best known for brands that range from Dove to Domestos, Hellmann’s to Knorr and Magnum to Marmite, are up strongly over the past 12 months.
“They have been buoyed by a strong trading performance in Q3 and Q4 2022 (thanks to the pricing power generated by its brands), a group-wide restructuring plan, an ongoing share buyback programme and potentially also news that current non-executive director Hein Schumacher will take over as chief executive officer from the retiring Alan Jope in July.”
- – US weekly unemployment claims
- – US pending homes sales
- – US Q1 GDP growth
In the final quarter of 2022 US GDP grew 2.6%, marginally lower than the 2.7% that had been predicted. On Thursday the figures for 2023’s first quarter will be revealed, with AJ Bell’s Mould and Hewson expecting similar growth for the three months to 31 March.
They said: “Until now, lagging indicators like employment look good, concurrent indicators like retail sales are hanging in there and leading signals like inventory, pricing, hiring and investment intentions as part of the monthly purchasing managers’ indices are looking a bit softer.
“The Q1 GDP number will be backward-looking and revised twice so it is probably not much use from an investment point of view, but it will doubtless attract attention nonetheless given the prevailing uncertainty over America’s economic trajectory. The current Atlanta Fed GDP Now survey suggests Q1 2023 grew by 2.5% on an annualised basis, down from 2.6% in Q4 2022.”
- – In Japan, quarterly results from Hitachi and Fujitsu
- – In Asia, quarterly results from Samsung Electronics and Ping An Insurance, Hyundai Motors and LG Electronics
- – In Europe, quarterly results from TotalEnergies, Sanofi, Schneider, Air Liquide, Atlas Copco, STMircroelectronics, BASF, Saint Gobain, Deutsche Bank, Repsol, Carlsberg, Credit Suisse, Volvo Car, Delivery Hero, SKF, HelloFresh and Aixtron
- – In the US, quarterly results from Amazon, Eli Lilly, Merck, Comcast, Intel, Honeywell, Mondelez, Altria, Northrop Grumman, Hershey, Keurig-Dr Pepper, Newmont, Southwest Airlines, Royal Caribbean Cruises, American Airlines and Hasbro
Friday 28 April
- – Full-year results from Hurricane Energy and Sanderson Design
- – Trading updates from Smurfit Kappa, Pearson, Computacenter, Renishaw, Rotork and Hikma Pharmaceuticals
- – Interest rate decision from the Bank of Japan
- – US Personal Consumption Expenditure (PCE) index
- – In Japan quarterly results from Sony
- – In Asia, quarterly results from Foxconn
- – In Europe, quarterly results from Mercedes-Benz, ENI and SCA
- – In the US, quarterly results from ExxonMobil, Chevron, AON and Colgate-Palmolive
