Thursday preview: US producer prices, UK house prices in the spotlight

By Alexander Bueso

Date: Wednesday 10 Aug 2022

LONDON (ShareCast) - (Sharecast News) - Investors' attention on Thursday will continue to be trained on the US inflation picture as the Department of Labor publishes producer price figures for the month of July.
Economists at Barclays Research anticipate that the annualised headline rate will continue to ease from 11.3% in June to 10.4% for July, largely thanks to the drop in energy prices, alongside a decline at the core level from 8.2% to 7.6%.

Regarding the monthly comparison, headline PPI is seen up by 0.3% after June's outsized gain of 1.1% and core PPI 0.4% higher, the same as in the month before.

In parallel, the Labor Dept. will also release the latest weekly jobless claims data.

On home shores, overnight the Royal Institute of Chartered Surveyors's house price balance for July is due out.

Across the Channel, the sole indicator of any relevance due out will be a reading for Irish consumer prices in July.

Thursday 4 August

FINALS

Revolution Beauty Group

INTERIMS

Convatec Group, Mondi, Coca-Cola Europacific Partners (DI), The Gym Group, Morgan Sindall Group, Hikma Pharmaceuticals, Evraz, Bank Pekao SA GDS (Reg S), Spirent Communications, Glencore, Mears Group

Q2

Bank Pekao SA GDS (Reg S)

TRADING ANNOUNCEMENTS

Next, Sanderson Design Group

AGMs

Investec, STM Group, Clontarf Energy, Larsen and Toubro Ltd. GDS (Reg S), Starcrest Education Limited (DI)

FINAL EX-DIVIDEND DATE

CML Microsystems, Ingenta, Mediclinic International, Circle Property, BT Group, Abrdn New Dawn Investment Trust

Latham (James), Currys

FINAL DIVIDEND PAYMENT DATE

The Global Smaller Companies Trust, Caledonia Investments

INTERIM EX-DIVIDEND DATE

Nichols, Polar Capital Global Healthcare Trust, Aew UK Reit, Residential Secure Income, Rentokil Initial, Avon Protection, Schroders (Non-Voting), Schroder Real Estate Investment Trust Ltd, GCP Infrastructure Investments Ltd, GCP Asset Backed Income Fund Limited, Schroders, Tyman, Schroder Oriental Income Fund Ltd, Starwood European Real Estate Finance Ltd, Axiom European Financial Debt Fund Limited, Gore Street Energy Storage Fund, M & G Credit Income Investment Trust, Vesuvius, Impax Environmental Markets, Lancashire Holdings Limited, CVC Income & Growth Limited NPV GBP, EJF Investments Ltd NPV, Dunedin Income Growth Inv Trust, Games Workshop Group, Invesco Perpetual UK Smaller Companies Inv Trust, Marwyn Value Investors Limited, CVC Income & Growth Limited NPV Euro, PRS Reit (The), JPMorgan Global Core Real Assets Limited, Lloyds Banking Group, Inchcape, International Biotech Trust, Albion Enterprise VCT, Polar Capital Global Financials Trust, Aberforth Split Level Income Trust, Taylor Maritime Investments Limited NPV, Reckitt Benckiser Group, Tritax Big Box Reit, Atrato Onsite Energy, RELX plc, Aberforth Smaller Companies Trust, Aptitude Software Group

SPECIAL EX-DIVIDEND DATE

Aberforth Split Level Income Trust

SPECIAL DIVIDEND PAYMENT DATE

Caledonia Investments

QUARTERLY EX-DIVIDEND DATE

Greencoat Renewables (CDI), Brunner Inv Trust, Unilever, Picton Property Income Ltd, City of London Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Factory Orders (GER) (07:00)

Retail Sales (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Continuing Claims (US) (13:30)