Tuesday preview: US housing data, Fed's Powell in focus

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Sharecast News | 27 Sep, 2022

The market spotlight on Tuesday will be on the US and a barrage of reports regarding the state of the country's housing market.

At 1400 BST, the Federal Housing and Finance Agency and S&P will publish the results of their home price surveys for July, which will be followed an hour later by another report for new home sales in August.

Against that backdrop, at 1230 BST the head of the US Federal Reserve, Jerome Powell, is scheduled to participate in a panel discussion at the French central bank.

Also due out, at 1330 BST and 1500 BST, respectively, are date for US durable goods orders covering the month of August and the Conference Board's consumer confidence index referencing the month of September.

In the euro area meanwhile, M3 money supply figures for the month of August will be published at 0900 BST.

European Central Bank boss, Christine Lagarde, and her number two, Luis de Guindos, will participate at two separate events scheduled for 1230 BST and 1400 BST, respectively.

Investors will also be keeping an eye out for any disorderly or overly quick movements in foreign exchange and fixed income markets that might elicit action by economic authorities.

No major economic reports are due for release on home shores.

Friday 30 September

INTERIMS

Cineworld Group, CMO Group, Dignity, DP Eurasia N.V. (DI) , Trellus Health

INTERIM DIVIDEND PAYMENT DATE

Admiral Group, Antofagasta, Aviva 8 3/8% Cumulative Irrd Preference 1, Breedon Group , DSW Capital, FDM Group (Holdings), Globalworth Real Estate Investments Limited, Henry Boot Prf, International Personal Finance, Keystone Positive Change Investment Trust 5% Cumulative Preference 1, Northern Electricity Prf, Ramsdens Holdings , Robert Walters, S and U 6% Cumulative Prf. £1, Tate & Lyle 6.5% Cum. Prf. £1, Tclarke , Vector Capital

QUARTERLY PAYMENT DATE

BlackRock World Mining Trust, Downing Renewables & Infrastructure Trust, Energean , HICL Infrastructure , Honeycomb Investment Trust, NextEnergy Solar Fund Limited Red, Premier Miton Global Renewables Trust, RM Infrastructure Income, The Renewables Infrastructure Group Limited, Thomaslloyd Energy Impact Trust , Thomaslloyd Energy Impact Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Import Price Index (GER) (07:00)

Personal Consumption Expenditures (US) (13:30)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

Retail Sales (GER) (07:00)

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

Unemployment Rate (EU) (10:00)

Unemployment Rate (GER) (08:55)

FINALS

Celtic 6% Cnv Cum Prf, Induction Healthcare Group

SPECIAL DIVIDEND PAYMENT DATE

Admiral Group, Schroder European Real Estate Investment Trust

EGMS

GCP Infrastructure Investments Ltd

AGMS

Boussard & Gavaudan Holding Ltd. EUR Shares, Boussard & Gavaudan Holding Ltd. GBP Shares, Capital Metals, Henderson Smaller Companies Inv Trust, Ince Group (The), Insig AI, Libertine Holdings, Miton UK Microcap Trust, Oakley Capital Investments Ltd. (DI), Otaq , Pennpetro Energy , Public Joint Stock Company Polyus (REG S) , Saietta Group, TMT Acquisition , TPXimpact Holdings, Versarien

TRADING ANNOUNCEMENTS

Pennon Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

Current Account (07:00)

Gross Domestic Product (07:00)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Best of the Best, DSW Capital, Knights Group Holdings , Miton UK Microcap Trust, ProCook Group, Redde Northgate, Supreme , Thames Ventures Vct 2 Healthcare, Thames Ventures Vct 2 Ventures

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