What you need to know before the open
Markets are set to open higher this morning as investors turn their eyes to the European Central Bank (ECB).
Many are hoping that the ECB will take measures to tackle deflationary pressures in the Eurozone.
Corporate data
Vodafone has announced it will to open 150 new shops across the UK, creating 1,400 jobs.
B&Q and Screwfix owner Kingfisher has announced it’s entered exclusive talks to acquire French home improvement retailer Mr Bricolage.
Homewares retailer Dunelm group has reported sales growth of 9.9 per cent for the third quarter of the financial year. Total sales value for the 13 week period to 29 March climbed to £195m.
Wholesaler Bookergroup has reported an increase in like-for-like sales of 1.9 per cent for the 12 weeks to 28 March.
Data in Focus
- 9:00am: Eurozone Markit Services PMI
- 9:30am: UK Markit Services PMI
- 10:00am: Eurozone retail sales
- 12:45pm: ECB interest rate decision
- 1:30pm: US initial jobless claims