Portfolio

Thursday preview: UK retail sales, Easyjet

By Alexander Bueso

Date: Wednesday 17 Jul 2019

Thursday preview: UK retail sales, Easyjet

(Sharecast News) - The focus on Thursday will be UK retail sales figures covering the month of June, with economists anticipating a dip in sales volumes of 0.3% versus May, following the previous month's drop 0.5%.
Stateside, the main data point, barring a surprise in the latest weekly jobless claims data will be the Philly Fed's regional manufacturing sector survey for July.

Speeches are also scheduled from Atlanta Fed chief Raphael Bostic at 1430 BST and New York Fed chief, John Williams, at 1915 BST.

No major economic releases are scheduled in the euro area.

Over in Japan meanwhile, Japanese foreign trade balance figures for June are due out.

In the emerging markets space, rate-setters in Seoul and Jakarta were both scheduled to meet and decide on interest rates.

Consensus is for policymakers in South Korea to keep their benchmark rate unchanged at 1.75% but for those in Indonesia expected to ease the seven day reverse repurchase rate by 25 basis points to 5.75%.

Among the corporates scheduled to update shareholders on Thursday is Easyjet, with the budget carrier expected to reveal seat revenue pricing up by 1.0% for total sales of £1,641m, said UBS analyst Jarrod Castle.

"We expect cost cutting to be in line with management guidance of slight down."

Wednesday July 17

INTERIMS

Augean

QUARTERLY PAYMENT DATE

Assura

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (13:30)

Consumer Price Index (EU) (10:00)

Crude Oil Inventories (US) (15:30)

Housing Starts (US) (13:30)

MBA Mortgage Applications (US) (12:00)

FINALS

Koovs , Versarien

AGMS

AO World, B.P. Marsh & Partners, Burberry Group, Charles Stanley Group, Codemasters Group Holdings, Codemasters Group Holdings, Electrocomponents, Johnson Matthey, Martin Currie Asia Unconstrained Trust , Premier Foods, Ramsdens Holdings , Renold, Severn Trent, TechFinancials (DI), Yellow Cake

TRADING ANNOUNCEMENTS

Galliford Try, Headlam Group, Premier Oil, TalkTalk Telecom Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (08:30)

Producer Price Index (09:30)

Retail Price Index (09:30)

FINAL DIVIDEND PAYMENT DATE

Charles Stanley Group



..

Email this article to a friend

or share it with one of these popular networks:


Top of Page