Barring any unexpected events global capital markets will have little to chew on come Friday.
Setting the tone from first thing in the morning will be the latest nation-wide consumer price data due out in Japan, for the month of March (April in the case of the Tokyo figures).
Barclays Research does not expect the Bank of Japan (BoJ) to modify its forecasts for the country's consumer prices (CPI) in April. However, "with upstream inflation in consumer goods easing" these analysts still expect the monetary authority to reduce those projections later on and to carry out further monetary easing in July.
In the UK, on the other hand, investors will be closely watching the latest retail sales figures from ONS. The data, which is for the month of March, may show some weakness due to the late timing of Easter this year, although the seasonal adjustment factors should correct for that, Capital Economics points out. As well, they should have benefitted from the recent strong trends in employment.
On the corporate front the most relevant firm for British investors which is due to update investors is Pearson.
Nevertheless, the publishing and media giant's financials have a strong seasonal component. Hence, the first quarter numbers and trends will likely not be very representative of what one can expect for the first half, analysts at Nomura believe.
For that reason, they expect the firm to maintain its guidance for earnings per share in fiscal year 2014 of between 62 and 67 cents.
"Potential future risks to the business model include textbook rental, competition from new entrants and OER," the broker adds. Thus their 'reduce' rating on the stock.
Friday April 24th
INTERIM DIVIDEND PAYMENT DATE
Craneware, Finsbury Food Group, Henderson EuroTrust, Plexus Holdings, Smiths Group
QUARTERLY PAYMENT DATE
General Electric Co
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
U. of Michigan Confidence (Final) (US) (14:55)
National CPI (JP)
Index All-Industry Activity (JP)
CVC Credit Partners European Opportunities Ltd GBP
Harvey Nash Group
Cupid, M. P. Evans Group, North Midland Construction, Travis Perkins
COLT Group SA, Rotork, William Hill, Pearson
Bluecrest Bluetrend Ltd Red USD
Abbott Laboratories, Alpha Pyrenees Trust Ltd., Bank of Ireland (Governor & Company of the), Espirito Santo Financial Group SA, Hexaware Technologies Ltd. GDS (Reg S), Japan Residential Investment Co Ltd., JSC Halyk Bank GDR (Reg S), Minoan Group, Pearson, Quixant, Rotork, Senior, Spectris, Sterling Energy, X5 Retail Group NV GDR (Reg S)
UK ECONOMIC ANNOUNCEMENTS
BBA Mortgage Lending Figures (09:30)
Internet Retail Sales (09:30)
Retail Sales (09:30)
Speech Ian McCafferty
FINAL DIVIDEND PAYMENT DATE
Costain Group, Hammerson, Heavitree Brewery, Heavitree Brewery 'A' Shares, IDOX, Japan Residential Investment Co Ltd., New Britain Palm Oil Ltd. (DI), Pennant International Group, SpaceandPeople, Spirent Communications
Orange Polska S.A. GDR (Reg S), Skandinaviska Enskilda Banken