Sharecast News
23 Jun, 2022 17:55

Friday preview: US, UK consumer confidence in focus

us flag 2 dl
US FlagDL

Financial markets' focus at the end of the week will be on the University of Michigan's consumer sentiment survey for the early June.

Of particular interest, there will be keen interest on how, if at all, expectations for inflation one and five years ahead may have fluctuated after the Federal Reserve's 75 basis point interest rate hike at its last meeting.

On home shores, overnight consultancy GfK is set to publish its consumer confidence index for June.

Barclays Research anticipates that it will tick higher by one point from the month before to reach -40, thanks to the Chancellor's latest fiscal intervention.

Also scheduled for release are official retail sales figures covering the month of May (consensus: -4.4% year-on-year).

Across the Channel, the key report due out is the IFO institute's closely-followed business confidence index for Germany covering the month of June.

Also expected are readings for business confidence in Belgium and Italy.

Further afield, in Japan, investors will be pouring over data releases covering unemployment in May, core consumer prices in Tokyo and the Bank of Japan´s quarterly business confidence survey.

Friday 24 June

INTERIM DIVIDEND PAYMENT DATE

Blackrock Frontiers Investment Trust, Euromoney Institutional Investor, Majedie Investments, Orchard Funding Group , Origin Enterprises (CDI), RM Infrastructure Income, Town Centre Securities

INTERIM EX-DIVIDEND DATE

Croda International 6.6% Cumulative Preference 1

QUARTERLY PAYMENT DATE

BP, Honeycomb Investment Trust, Seplat Energy (DI), Thomaslloyd Energy Impact Trust , Thomaslloyd Energy Impact Trust , Tritax Eurobox (EUR), Tritax Eurobox (GBP), Vaalco Energy, Inc (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

New Homes Sales (US) (15:00)

U. of Michigan Confidence (US) (15:00)

ANNUAL REPORT

Caledonia Investments

EGMS

Dish TV India Limited GDR (Each Repr One Shr)

AGMS

Avast, Cadogan Petroleum, Devolver Digital, Inc. (DI) Reg S Cat 3/144A, Entain, Gulf Keystone Petroleum Ltd Com Shs (DI), Hawkwing, Life Science REIT, Northcoders Group , Sistema PJSFC GDR (Reg S)

UK ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Alfa Financial Software Holdings , Anexo Group , Foresight VCT, Foxtons Group , H&T Group, Spectra Systems Corporation, Tesco


News Source: © 2022 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.

 

Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.