Thursday preview: Euro area CPI, Haleon in the spotlight
Haleon
382.40p
12:54 24/12/24
The market spotlight on Thursday will shift towards the euro area where consumer price data are due out that may help inform opinions of the near-term path for interest rates in the bloc.
FTSE 100
8,136.99
12:59 24/12/24
FTSE 350
4,491.87
12:54 24/12/24
FTSE All-Share
4,449.61
13:14 24/12/24
Pharmaceuticals & Biotechnology
20,055.90
12:54 24/12/24
At 1000 GMT, Eurostat was to release its preliminary estimate for the euro area's CPI in February with recent national data out of the likes of France and Spain having led some analysts to surmise that there were upside risks to the consensus forecast.
Before those French and Spanish data were released, economists were anticipating a drop in the annual rate of headline inflation from 8.6% for January to 8.1% in February.
The year-on-year rate of increase in core CPI meanwhile was expected to be unchanged at 5.3%.
But the US wouldn't be far from investors minds either with the latest weekly readings on initial and secondary unemployment claims due out at 1330 GMT.
Later in the session, at 1900 GMT, Federal Reserve governor Christopher Waller was due to deliver a speech on the economic outlook.
No major economic reports were scheduled for release in the UK.
For Haleon's full-year 2022 results, Michael Hewson, chief market analyst at CMC Markets UK believed that the third quarter drop in margins and whether it has reversed would be a "key" area of focus for investors, as well as the company's guidance.
Thursday 02 March
INTERIM EX-DIVIDEND DATE
Ashmore Group, Berkeley Group Holdings (The), City of London Investment Group, Diageo, Genus, Hargreaves Lansdown, Harmony Energy Income Trust, Hays, MJ Gleeson , Molten Ventures VCT , Ruffer Investment Company Ltd Red PTG Pref Shares, Wilmington
QUARTERLY EX-DIVIDEND DATE
Diversified Energy Company , Downing Renewables & Infrastructure Trust, HICL Infrastructure , Pollen Street, Real Estate Credit Investments Ltd, Regional REIT Limited
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (13:30)
Initial Jobless Claims (US) (13:30)
Unemployment Rate (EU) (10:00)
FINALS
Alfa Financial Software Holdings , Alfa Financial Software Holdings , Beazley, Cairn Homes (CDI), Cairn Homes (CDI), Cairn Homes (CDI), Capita, Capita, Capital & Regional, Coats Group, CRH (CDI), Flutter Entertainment (CDI), Grafton Group Ut (CDI), Hunting, ITV, ITV, London Stock Exchange Group, Melrose Industries, National Express Group, PPHE Hotel Group Ltd, Schroders, Spire Healthcare Group, Synthomer, Taylor Wimpey, Tritax Big Box Reit , Tyman
ANNUAL REPORT
PPHE Hotel Group Ltd, Schroders
EGMS
Global Ports Investments GDR (REG S)
AGMS
Chenavari Toro Income Fund Limited NPV, Victorian Plumbing Group
FINAL DIVIDEND PAYMENT DATE
Compass Group, Watkin Jones
FINAL EX-DIVIDEND DATE
Aviva 8 3/8% Cumulative Irrd Preference 1, Bristol Water 'A' 8 3/4% Cum Irrd Prf, Capital & Counties Properties , Driver Group, General Accident (Prf), Henry Boot Prf, Keystone Positive Change Investment Trust 5% Cumulative Preference 1, Northern Electricity Prf, Rights & Issues Investment Trust , S and U 6% Cumulative Prf. £1, Safestore Holdings, Scottish American Inv Company, Tharisa (DI)