Good morning and welcome to the Week Ahead. I hope you're enjoying the long weekend.

It's a four-day week for UK investors and after a deluge of earnings in the final week of March, it’s looking like a much quieter week following the Easter break. US earnings season doesn’t get going in earnest until 8 April and most big UK companies with 31 December year ends have now reported.

Economic data due this week could influence sentiment, however. In the US, unemployment data and purchasing data from manufacturers could provide fresh insight into the strength of the world’s biggest economy in election year.

Closer to home, EU inflation and manufacturing data is also due next week.

In the UK, purchasing data is also expected, but I suspect that housing-related news will grab more headlines. The latest Nationwide and Halifax house price indices are scheduled for this week, together with mortgage approval data from the Bank of England.

Recent updates from some housebuilders have shown sales rates improving since November. Some CEOs have suggested that the worst may be over for the UK housing market, but of course they are paid to be bullish. It will be interesting to see if this week’s backwards-looking data provides any concrete evidence that volumes are recovering.

Coming up this week…


UK financial results

US financial results

Economic announcements

Monday - 1 Apr

Bank Holiday

US ISM Manufacturing PMI

US ISM Prices Paid

Tuesday - 2 Apr

Renew Holdings H1 trading update

Paychex Q3 earnings

UK Nationwide House Price Index

UK mortgage approvals

Germany CPI inflation

Wednesday - 3 Apr

Hilton Food Group FY23 results

Levi Strauss & Co Q1 earnings

EU inflation and unemployment

US ADP Employment report

Thursday - 4 Apr

ConAgra Foods Q3 earnings

US jobless claims

Eurozone producer prices

Friday - 5 Apr

UK Halifax house price index

US non-farm payrolls and unemployment rate

AIM vs FTSE 250: look for the quality

Renew Holdings: nuclear infrastructure skills

I don’t generally invest in the construction sector due to its low-margin, accident-prone tendencies. But there are exceptions to every rule and for me, Morgan Sindall (LON:MGNS) and Renew Holdings (LON:RNWH) are both good quality companies that operate in this sector that I would consider buying at…

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