Friday preview: US inflation data, NatWest Group in the spotlight

Investors' focus at the end of the week will be on two key inflation indicators due out in the U.S..

At 1330 the Department of Commerce will report on personal income and spending in the month of September.

Contained in that same report are the price deflators for personal consumption expenditures, the Federal Reserve's target inflation measure.

Consensus is for a dip in the year-on-year rate of increase of one tenth of a percentage point to 3.4%.

The report will be followed at 1500 BST by the results of the University of Michigan's consumer confidence survey for October which contains subindices for inflation expectations.

Earlier, at 0900 BST, the European Central Bank will release the results of its survey of professional forecasters.

Overnight, investors in Asia will be perusing the latest core consumer price data for Tokyo in October.

In the corporate space, NatWest Group was scheduled to post its third quarter financials.

During the previous quarter, the lender was forced to cut its full-year forecast for net interest margins from 3.2% to 3.15% and might now well be reduced further, said Michael Hewson, chief market analyst at CMC Markets UK.

Net loan growth may also be set for a further slowdown, he added.

Friday 27 October

INTERIMS

Brown (N.) Group, Filtronic

Q3

NATWEST GROUP, International Consolidated Airlines Group SA (CDI)

AGMs

KCR Residential Reit

FINAL DIVIDEND PAYMENT DATE

Litigation Capital Management Limited (DI), City of London Investment Group

Mercia Asset Management, FRP Advisory Group, Vianet Group, Fletcher King

INTERIM DIVIDEND PAYMENT DATE

Bank of Georgia Group, Ten Entertainment Group, Petershill Partners, Computacenter, Shires Income, Essentra, Smurfit Kappa Group (CDI), Stelrad Group, North American Income Trust (The), Henderson High Income Trust, STS Global Income & Growth Trust, PPHE Hotel Group Ltd, Pantheon Infrastructure, RIT Capital Partners, Hunting, Unite Group, Driver Group, Learning Technologies Group, Skillcast Group, Advanced Medical Solutions Group, Mears Group, BlackRock Energy and Resources Income Trust, Belvoir Group, US Solar Fund, Facilities by ADF, Barr (A.G.), Martin Currie Global Portfolio Trust, Rightmove, Keywords Studios, US Solar Fund (GBP), Jpmorgan European Growth & Income, Costain Group, HGCapital Trust, Good Energy Group, Dowlais Group, Fidelity European Trust, Panther Securities, Ruffer Investment Company Ltd Red PTG Pref Shares, Midwich Group, abrdn Smaller Companies Income Trust, Caledonia Mining Corporation (DI)

SPECIAL DIVIDEND PAYMENT DATE

Galliford Try, Round Hill Music Royalty Fund Limited NPV

QUARTERLY PAYMENT DATE

I3 Energy, Value and Indexed Property Income Trust, Marble Point Loan Financing Limited NPV, Abrdn Private Equity Opportunities Trust, Real Estate Investors, Alpha Real Trust Ltd.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Personal Consumption Expenditures (US) (13:30)

Personal Spending (US) (13:30)

Personal Income (US) (13:30)

U. of Michigan Confidence (Final) (US) (15:00)