Wednesday preview: US PCE price, durable goods orders data in focus

The market spotlight on Wednesday will be on a deluge of economic data due out in the States.

Key amongst these will be a reading on the US central bank-s preferred inflation gauge, the core price deflator for personal consumption expenditures.

Also due out are reports for US durable goods and weekly unemployment claims.

Overnight meanwhile, rate-setters in New Zealand will meet to decide in monetary policy.

Across the Channel, consultancy GfK will publish the results of its consumer confidence survey for December.

In the UK, at 1800 BST Bank of England chief economist Huw Pill will deliver a speech.

In the corporate arena, Easyjet is due to release its full-year results.

The low-cost carrier posted a big 16% jump in third quarter profits and its easyJet holidays arm had continued to go from strength to strength, market analyst Michael Hewson noted.

The analyst also noted that the back half of the year is when Easyjet tended to be "where the airline claws its way back towards being profitable, with the hope it can surpass last year’s annual profit number of £324m."

"Sentiment towards the easyJet share price has seen an improvement in the last few months having slipped to a 9-month low back in August, we’ve seen a gradual rebound back towards levels last seen in April."

Wednesday 27 November

INTERIMS

Cordiant Digital Infrastructure Limited NPV, Iomart Group, Motorpoint Group, Pets at Home Group

QUARTERLY PAYMENT DATE

Seplat Energy (DI), Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Payments (US) (13:30)

Crude Oil Inventories (US) (15:30)

Durable Goods Orders (US) (13:30)

GFK Consumer Confidence (GER) (07:00)

Gross Domestic Product (US) (13:30)

MBA Mortgage Applications (US) (12:00)

Pending Homes Sales (US) (15:00)

Personal Spending (US) (13:30)

Wholesales Inventories (US) (13:30)

GMS

Hornby

FINALS

Auction Technology Group , Focusrite

AGMS

Altona Rare Earths, DP Aircraft I Limited Pref , European Metals Holding Limited (DI), Neometals Ltd Npv (Di), Renishaw, Seeing Machines Ltd. NPV (DI), Transense Technologies

TRADING ANNOUNCEMENTS

Kingfisher

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)