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Live news: First Citizens Bank makes huge gain from SVB purchase


UK events: Strike action is scheduled by Public and Commercial Services Union members working for HMRC in Glasgow and Newcastle over pay, pensions, job security and redundancy terms. Stephanie Bruce, chief financial officer of Abrdn, steps down after its annual general meeting. Canadian economist Carolyn Wilkins, a Bank of England financial policy committee member, addresses the Digital Monetary Institute symposium in London.

UK data: KPMG and the Recruitment & Employment Confederation issue a report on jobs.

Nato: The alliance’s chiefs of defence meet in Brussels to discuss issues of strategic importance, especially the Ukraine conflict.

Shoppers gather outside a Primark store on the Gran Vía in Madrid
Shoppers gather outside a Primark store on the Gran Vía in Madrid. Spain issues a consumer confidence reading for April on Wednesday © Paul Hanna/Bloomberg

Economic data: Germany’s April consumer price index and harmonised indices of consumer prices inflation rate data are released. Turkey publishes unemployment and industrial production data for March. Spain issues a consumer confidence reading for April. Eurostat publishes commercial aviation data for April and high-technology trade figures for 2022.

Corporate results: Alstom issues full-year figures, while Asos, Compass Group and Tui report for the first half. ABN Amro, Ahold Delhaize, automotive parts maker Continental, Crédit Agricole, Eon, metals specialists Ferroglobe and chemicals group Lanxess release first-quarter results. British pub chain JD Wetherspoon issues a trading update.



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