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Week ahead: Geopolitics, US non-farm payrolls in focus

By Alexander Bueso

Date: Monday 03 Mar 2025

Week ahead: Geopolitics, US non-farm payrolls in focus

(Sharecast News) - Investors' focus over the coming week will be squarely on geopolitics, above all regarding diplomatic efforts aimed at clinching a ceasefire and eventual peace agreement in Ukraine.
As if that were not enough, come Tuesday the spotlight will be on the expected start of higher US tariffs on imports of Canadian, Chinese and Mexican products.

Some recent reports indicate that some are still holding out hope for a last-minute deferral or reduction in the size of the levies.

Next on investors' list of worries is the US February non-farm payrolls report that is due to be published on Friday.

Consensus is for a slight additional slowdown in hiring from the 143,000 person clip observed in January to 133,000 for February.

Worth noting are recent concerns regarding the possible impact of ongoing departmental cuts in Washington on government staffing levels and for contractors.

Nonetheless, there are differences among economists regarding the risks for economic growth and when exactly the slower pace of hiring will be apparent.

The week's other main risk event will be the European Central Bank policy meeting on Thursday, which is expected to result in another 25 basis point reduction in official short-term interest rates.

Monday 03 March

INTERIM DIVIDEND PAYMENT DATE

IG Group Holdings

QUARTERLY PAYMENT DATE

JpMorgan China Growth & Income , JPMorgan Claverhouse Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Construction Spending (US) (15:00)

Consumer Price Index (EU) (10:00)

ISM Manufacturing (US) (15:00)

PMI Manufacturing (GER) (09:00)

PMI Manufacturing (EU) (08:55)

PMI Manufacturing (US) (14:45)

GMS

Creightons

FINALS

Bunzl, Burford Capital NPV (DI), Quartix Technologies, Senior

ANNUAL REPORT

Anglo American, Mony Group, Mony Group, Senior

AGMS

CC Japan Income & Growth Trust, Ramsdens Holdings

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

PMI Manufacturing (09:30)

Tuesday 04 March

INTERIMS

PCI-PAL

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Factory Orders (US) (15:00)

Unemployment Rate (EU) (10:00)

Q3

Ashtead Group

Q4

Flutter Entertainment (DI)

FINALS

Abrdn , Abrdn , Apax Global Alpha Limited , Bakkavor Group , Beazley, BlackBird, BlackBird, Flutter Entertainment (DI), Fresnillo, Greggs, Inchcape, International Workplace Group, Intertek Group, Johnson Service Group, Keller Group, Kitwave Group, Oxford Nanopore Technologies , Reach, Seplat Energy (DI), Spirent Communications, Synectics, TT Electronics, Weir Group

IMSS

Spirent Communications

AGMS

Watkin Jones

FINAL DIVIDEND PAYMENT DATE

On The Beach Group

Wednesday 05 March

INTERIMS

Netcall, Ricardo

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

ISM Services (US) (15:00)

MBA Mortgage Applications (US) (12:00)

PMI Composite (EU) (09:00)

PMI Composite (US) (14:45)

PMI Services (US) (14:45)

GMS

XP Factory

FINALS

Breedon Group , Dowlais Group, Foxtons Group , Ibstock

AGMS

BSF Enterprise , BSF Enterprise , Ecofin Global Utilities and Infrastructure Trust , Geiger Counter Limited, Impax Asset Management Group, Impax Environmental Markets, Income & Growth VCT , Jersey Electricity 'A' Shares, Paragon Banking Group

UK ECONOMIC ANNOUNCEMENTS

PMI Composite (09:30)

PMI Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Oxford Metrics

Thursday 06 March

INTERIMS

Physiomics

INTERIM EX-DIVIDEND DATE

Berkeley Group Holdings (The), BHP Group Limited NPV (DI), City of London Investment Group, Colefax Group, Dr. Martens , Genus, Mid Wynd International Inv Trust, MJ Gleeson , North Atlantic Smaller Companies Inv Trust, PZ Cussons, Renishaw, South32 Limited (DI) , Trifast, Wilmington

QUARTERLY EX-DIVIDEND DATE

Assura , Energean , HICL Infrastructure , Premier Miton Global Renewables Trust, RM Infrastructure Income

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (US) (13:30)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Producer Price Index (EU) (10:00)

Retail Sales (EU) (10:00)

Wholesales Inventories (US) (15:00)

Q4

Endeavour Mining, Lancashire Holdings Limited

FINALS

Admiral Group, Coats Group, Dalata Hotel Group (CDI), Elementis, Endeavour Mining, Entain, Funding Circle Holdings , Grafton Group Ut (CDI), Greencoat Renewables (CDI), Greencoat Renewables (CDI), Harbour Energy , Hunting, ITV, Lancashire Holdings Limited, Melrose Industries, Melrose Industries, Pagegroup, Reckitt Benckiser Group, Rentokil Initial, Schroder Oriental Income Fund Ltd., Schroders, Spire Healthcare Group, Vesuvius, Vistry Group

AGMS

Aberforth Smaller Companies Trust, Blackrock Income And Growth Investment Trust, Tertiary Minerals

UK ECONOMIC ANNOUNCEMENTS

PMI Construction (09:30)

FINAL EX-DIVIDEND DATE

Aviva 8 3/8% Cumulative Irrd Preference 1, Bristol Water 'A' 8 3/4% Cum Irrd Prf, General Accident (Prf), Henry Boot Prf, Nexus Infrastructure , Rights & Issues Investment Trust , Rio Tinto, S and U 6% Cumulative Prf. £1

Friday 07 March

INTERIM DIVIDEND PAYMENT DATE

Henderson Smaller Companies Inv Trust

QUARTERLY PAYMENT DATE

Chenavari Toro Income Fund Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Credit (US) (20:00)

Factory Orders (GER) (07:00)

Gross Domestic Product (EU) (10:00)

Non-Farm Payrolls (US) (13:30)

Unemployment Rate (US) (13:30)

GMS

Gusbourne, Theracryf

FINALS

Just Group, Stelrad Group

AGMS

Asia Strategic Holdings Limited NPV (DI), JPMorgan Emerging Europe, Middle East & Africa Securities

UK ECONOMIC ANNOUNCEMENTS

Halifax House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Avon Technologies , Paragon Banking Group, Victorian Plumbing Group



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