The week ahead could offer signs of recovery
THE Easter Bank Holiday may have shortened the week, but the market may not be short on volatility. Given the lack of major economic and corporate announcements, this week, volume could well be below average. However, traders would be unwise to take their eyes off the ball. It is usually at times like these that volatility increases and the opportunity for short-term profit ramps up a couple of notches.
The job market could be a theme this week. With the Lloyds Employment Confidence numbers out today and recruitment firms Hays and Michael Page also reporting, analysts will be watching closely for signs of recovery.
TODAY
UK economic figures released: Lloyds Employment Confidence.
UK corporates reporting: Vedanta, United Energy, Panmure Gordon, and Xtract Energy.
WEDNESDAY
UK economic figures released: British Retail Consortium sales like-for-like year-on-year.
UK corporates reporting: Michael Page, Matchtech, Gulf Keystone Petroleum, and Ambrian Capital.
Ex-dividends announcements: BG Group, Charles Taylor, Cenkos Securities, Filtrona, John Wood Group, Logica, and WSP Group.
THURSDAY
UK economic figures released: Total Trade Balance
UK corporates reporting: Punch Taverns, JD Sports, Aggreko, Mothercare, Hays, Intertek.
FRIDAY
UK economic figures released: Producer Price Index.
UK corporates reporting: Kalahari Minerals.
Manoj Ladwa, professional trader at ETX Capital, is running an open long/short portfolio using his systematic trading method. To follow Manoj’s trading journey more closely go to: www.etxcapital.co.uk/manoj