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Week in Advance: 19-23 Dec

Monday 19 Dec

EU Results/Updates: Luxor

US Results/Updates: Lennar Corp

Intl Economic Announcements
09:00    IFO Surveys (DE)
10:00    Construction Output (EZ)
14:45    Services PMI (US)

Tuesday 20 Dec

UK Results/Updates: Carnival, British Empire Trust, Tritax Big Box REIT

US Results/Updates: CarMax, Carnival, Darden Restaurants, FedEx, General Mills, Nike

UK Economic Announcements
11:00    CBI Reported Sales

Intl Economic Announcement
N/A       Bank of Japan Monetary Policy Decision
07:00    PPI (DE)
14:00    Conference Board Leading Economic Index (China)

Wednesday 21 Dec

UK Results/Updates: Finsbury Growth & Income Trust

EU Results/Updates: Accenture, Axpo Holdings

US Results/Updates: Accenture, Bed Bath & Beyond, Micron Technology, Paychex, Red Hat

UK Economic Announcements
09:30    Public Finances

 Intl Economic Announcements
04:30    Industrial Activity Index (JP)
12:00    MBA Mortgage Applications (US)
15:00    Consumer Confidence (EZ)
15:00    Existing Home Sales (US)
15:30    Crude Oil Inventories (US)

Thursday 22 Dec

US Results/Updates: Cintas Corp

 

Ex-Dividends (The estimated dividend impact on the UK 100 this week is -0.18pts)

UK 100 : Burberry 10.5p

: Tullett Prebon 11.2p

 

UK Economic Announcements
00:01    GfK Consumer Confidence

Intl Economic Announcements
13:30    GDP, Durable Goods Orders, Personal Consumption, Chicago Fed (US)
14:00    House Price Index (US)
15:00    Personal Income & Spending, Leading Indicators
16:00    Kansas City Fed (US)

Friday 23 Dec

UK Markets Half Day – Close at 12:30pm

UK Economic Announcements
09:30    GDP (3Q F), Index of Services 

Intl Economic Announcements
01:45    MNI December Business Indicator (China)
07:00    GfK Consumer Confidence (DE)
07:45    GDP (FRA)
15:00    New Home Sales, Uni. Of Mich. Sentiment (US)
18:00    Baker Hughes Rid Count (US)

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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