Tuesday preview: US data, Reckitt Benckiser in focus

The economic spotlight will be on the US on Tuesday, with durable goods orders figures for June set for release.

Two house price surveys for May are also scheduled, alongside the Conference Board's consumer confidence index for July.

In the euro area, M3 money supply data for June will be released at 0900 BST.

Across the globe, in Asia, preliminary data due out in South Korea is expected to reveal that gross domestic product growth slowed during the second quarter, from the 1.7% pace seen over the three months to March down to 0.9%.

On home shores, the sole economic indicator of note scheduled for release is the Confederation of British Industry's distributive trades index for July, at 1100 BST.

For Reckitt Benckiser's second quarter, UBS's Guillaume Delmas had penciled-in an increase in the consumer goods giant's like-for-like sales of 3.5%, against consensus on 2.5%, due to his "stronger" views on the firm's hygiene unit.

His forecast for the latter was growth of 10.0% versus the consensus on 8.6%.

He was also anticipating a stronger performance at Health of 0.0% against consensus on -2.4%.

For Unilever's Nutrition arm however, he was at -2.5% in comparison to consensus on -1.8%, due to "challenging conditions" in China and South East Asia.

For the half meanwhile, Delmas had estimated sales of roughly £6.8bn and earnings before interest and taxes of approximately £1.49bn.

Across the Pond meanwhile, Tesla is due out with its latest quarterly financials on Monday night. It will be followed the next evening by Apple and Microsoft.

As an aside, half of US and European corporates are set to update investors over the coming week.

Tuesday 27 July

INTERIMS

Ascential, Capital & Counties Properties , Croda International, International Personal Finance, Kitwave Group, Reach, Restore, Sabre Insurance Group, Unite Group, Vivo Energy

QUARTERLY PAYMENT DATE

Yew Grove Reit (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (15:00)

Durable Goods Orders (US) (13:30)

House Price Index (US) (14:00)

M3 Money Supply (EU) (09:00)

FINALS

Cohort, Foresight Group Holdings Limited NPV, Games Workshop Group, In the Style Group, Ince Group (The), Moonpig Group

ANNUAL REPORT

Games Workshop Group

EGMS

SDIC Power Holdings Co.,Ltd GDR (Reg S)

AGMS

Arkle Resources (CDI), BMO UK High Income Trust , Hibernia Reit (CDI), Mediclinic International , Mitie Group, Motorpoint Group, MyCelx Technologies Corporation (DI), NewRiver REIT, OnTheMarket, Petrel Resources (CDI), Prospex Energy , Record, TR Property Inv Trust, Vodafone Group, Wizz Air Holdings , Zoltav Resources Inc (DI)

TRADING ANNOUNCEMENTS

Greencore Group (CDI), Mitie Group, Virgin Money UK

FINAL DIVIDEND PAYMENT DATE

Fidelity China Special Situations , Wynnstay Properties