Barring unexpected events, the upcoming trading session may well turn out to be the most interesting this week, as investors focus on a raft of important economic data which are set for release, alongside the latest results and trading updates due out from the likes of AB Foods, ARM Holdings, Reed Elsevier or Sports Direct, amongst others.
The HSBC Chinese manufacturing sector purchasing managers' index for the month of April is due to be released first thing Wednesday morning.
Meantime, and in the UK, investors will train their eyes on the latest set of data on public sector net borrowing. That comes as expectations are building in markets that the Chancellor may have room to enact up to £7bn in tax cuts before the next elections.
Soon afterwards the Bank of England will publish the minutes of the most recent meeting of the Monetary Policy Committee (MPC). Some analysts expect those to be a bit of a non-starter, but there is always room for surprises.
Acting as a backdrop, there has been somewhat more chatter to be heard of late regarding the possibility that the MPC might carry out its first increase in Bank Rate sooner than some had been expecting.
Back in the Eurozone, survey compiler Markit will publish its preliminary manufacturing and service sector purchasing managers indices for the month of April. Barclays Research expects the composite euro area PMI to edge up to 53.3, driven by a rebound in the services sector (+0.4 point to 52.6), while the manufacturing sector should remain at 53.0.
On the company front, publishing and information provider Reed Elsevier will provide an interim manage statement. Analysts at Numis expect the company to say that growth ex biennial in the latest quarter was at a similar level to that reported for fiscal year 2013.
WEDNESDAY APRIL 23rd
Associated British Foods, Avacta Group, Fenner, Kcell Joint Stock Co GDR (Reg S), Smiths News
INTERIM DIVIDEND PAYMENT DATE
Close Brothers Group
INTERIM EX-DIVIDEND DATE
Carr's Milling Industries, Mcbride
QUARTERLY PAYMENT DATE
Assura Group Ltd.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (15:30)
MBA Mortgage Applications (US) (12:00)
New Homes Sales (US) (15:00)
'Flash' Manufacturing PMI (China) (09:45)
Mobile Tornado Group, Phaunos Timber Fund Ltd.
Hammerson, Moneysupermarket.com Group, Petra Diamonds Ltd.(DI), Reed Elsevier, Spirent Communications, STV
SPECIAL EX-DIVIDEND PAYMENT DATE
GVC Holdings, Hikma Pharmaceuticals
Biome Technologies, Cambria Africa, Damac Real Estate Development Limited GDR (Each Repr 3 Ord) (Reg S) , Dragon Oil, Drax Group, General Electric Co, Hammerson, Management Consulting Group, Manroy, Modern Water, Moneysupermarket.com Group, Spirent Communications, STV Group, Valirx
Carpetright, Record, Sports Direct International, Creston
UK ECONOMIC ANNOUNCEMENTS
BoE Interest Rate Minutes (09:30)
CBI Industrial Trends Surveys (11:00)
Public Lending figures (09:30)
FINAL EX-DIVIDEND DATE
Aggreko, Alkane Energy, Antofagasta, Balfour Beatty, BG Group, Brady, Bwin.party Digital Entertainment, Centrica, Churchill China, Drax Group, DRS Data & Research , GVC Holdings, H.R. Owen, Hikma Pharmaceuticals, Impax Environmental Markets, Invesco Perpetual UK Small Companies Inv Trust, Kentz Corporation Ltd., Kingspan Group, Legal & General Group, Lookers, M. P. Evans Group, Man Group, Merchants Trust, Microgen, Mondi, Octopus AIM VCT 2, Old Mutual, Pendragon, Portmeirion Group, Rathbone Brothers, Rolls-Royce Holdings, Smart Metering Systems, Somero Enterprises Inc.(Reg S), StatPro Group, Tullett Prebon, Vesuvius, Xchanging, Zotefoams