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US jobs data the big news, Dignity set for earnings boost

World’s largest economy should have added 150,000 new jobs in October, compared with 156,000 a month earlier, according to Deutsche Bank.

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Dignity is the UK's largest funeral services company.

The big news tomorrow is macro-economic rather than corporate and comes in the form of US non-farm payroll data.

The world’s largest economy should have added 150,000 new jobs in October, compared with 156,000 a month earlier, according to Deutsche Bank.

“The labour market is expanding but at a slower pace, which is consistent with historical record,” said Deutsche US chief economist Joseph LaVorgna

“Consequently, an upward surprise should be treated as an outlier.”

Here in the UK after Super Thursday, during which the Bank of England issued both its take on interest rates and the inflation report, things are expected to be tad duller.

Among the dribble of results and trading statements will be an update from the listed undertakers Dignity PLC (LON:DTY).

Broker Peel Hunt expects the company to return to growth after seeing earnings before interest and tax fall by 7% in the first-half.

Friday

Interims: Paddy Power Betfair (LON:PPB)

Trading statements: Dignity PLC (LON:DTY), Kennedy Wilson Europe Real Estate PLC (LON:KWE)

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