Wednesday preview: German unemployment, Aveva

28th May 2019 14:12

(Sharecast News) - The coming session will be exceedingly light in terms of fresh guideposts for financial markets, both on the economic and corporate fronts.Regarding the former, no major economic reports are scheduled for release in the States, while in Britain the main reference will be consultancy Kantar's grocery market share figures for the 12 weeks to 19 May.Things will be different across the Channel, with numerous data releases scheduled, including on German unemployment in May and French household consumption in April.European Central Bank governing council member, Yves Mersch is also due to deliver a speech just after the market open in Frankfurt. Among the few corporates set to update markets on Wednesday is industrial and engineering software provider Aveva.Analysts are anticipating the company will post full-year sales growth of roughly 13% after another strong performance during the fourth quarter, despite difficult comparables and a small currency headwind.Driving that growth, said analysts at Numis in a research note sent to clients on 18 April, was the "accelerating pace of digitalisation across the industrial world."Nevertheless, the broker's forecasts called for sales growth to slow to about 5% for the financial year 2020, due to the dampening effect of the transition to rental and subscription licencing, which would subtract between three and four percentage points from the rate of growth in the company's revenues.Wednesday May 29INTERIMSJadestone Energy Inc NPV (DI)INTERNATIONAL ECONOMIC ANNOUNCEMENTSImport Price Index (GER) (07:00)MBA Mortgage Applications (US) (12:00)Unemployment Rate (GER) (08:55)FINALSAveva Group, HarbourVest Global Private Equity Limited A Shs, Stobart Group Ltd., Telford HomesANNUAL REPORTHarbourVest Global Private Equity Limited A ShsEGMSHutchison China Meditech LtdAGMSASA International Group , Coca-Cola European Partners (DI), DP Eurasia N.V. (DI) , EastPharma Ltd GDR (Reg S), En+ Group GDR (Reg S), International Public Partnerships Ltd., Kcell Joint Stock Co GDR (Reg S), Menhaden, Mod Resources Limited NPV (DI), Oxford Biomedica, PureTech Health , S4 Capital, Sports Direct International, Total SA, Vectura Group, Xeros Technology GroupFINAL DIVIDEND PAYMENT DATEBakkavor Group , Fundsmith Emerging Equities Trust , Henry Boot, London Stock Exchange Group, Polypipe Group , StatPro Group, Tribal GroupQ1PJSC Lukoil ADR