Tuesday preview: Global PMIs, CRH in focus
Investors will be treated to a raft of survey readings on Tuesday regarding levels of activity in global manufacturing and services during the month of November, courtesy of consultancy IHS Markit.
But whereas in the US activity is expected to have picked up in both sectors, in the UK economists are anticipating a slowdown - albeit quite modest.
Euro area Purchasing Managers Indices, which are derived from such surveys, are also forecast to show a modest slowing in the economy.
In the emerging market space meanwhile, rate-setters in Nigeria will meet to decide on policy.
For CRH's third quarter trading update, UBS analyst Gregor Kuglitsch is anticipating like-for-like sales growth of 2% on the back of growth in Europe Materials, Americas Materials and Building Products.
Second half earnings before interest, taxes, depreciation and amortisation meanwhile were seen 3% higher in the back half of the year.
Kuglitsch told clients that the third quarter should run broadly in line with that trend.
Full-year 2021 EBITDA meanwhile was pegged at $5.2bn, against consensus for $5.16bn.
Tuesday 23 November
AO World, Caledonia Investments, Caledonian Trust, Calnex Solutions , Cranswick, Helical, IG Design Group, Pets at Home Group , Record, Schroder Real Estate Investment Trust Ltd, Severfield, Severn Trent, Trifast, Victoria
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Gross Domestic Product (GER) (07:00)
Avon Protection, Compass Group
JPEL Private Equity Limited USD Eqty Shs NPV, Leeds Group, Orient Telecoms , Physiomics, PZ Cussons, Scancell Holdings, Transense Technologies
FINAL DIVIDEND PAYMENT DATE
Close Brothers Group