Alexander Bueso Sharecast News
23 Aug, 2024 17:03

Week ahead: US PCE inflation data, German IFO index in focus

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Sharecast / Maheshkumar Painam via Unsplash

The outlook for inflation in the US would continue to be in focus during the last week of August.

On Friday, the US Department of Commerce was scheduled to release the price deflators for personal consumption expenditures in July.

The behaviour of the core PCE price index was of particular interest, given that it was the Federal Reserve's preferred gauge for inflationary pressures.

Earlier in the week, on Monday, Commerce would publish durable goods orders data, also for July, which would help investors keep track of trends in business investment.

Germany's IFO institute would release its closely followed monthly business confidence index that same day.

It would be followed by a reading for German consumer confidence in September from consultancy GfK.

Preliminary consumer price readings for Germany and Spain in July, on Thursday, might also attract attention.

Thursday would also bring with it a raft of economic indicators out of Japan, including reports on industrial production, unemployment and consumer price inflation in Tokyo.

On home shores, Friday would bring with it figures on net consumer credit and mortgage lending covering the month of July.

Monday 26 August

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Durable Goods Orders (US) (13:30)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

Tuesday 27 August

INTERIMS

Faron Pharmaceuticals Oy (DI)

INTERIM DIVIDEND PAYMENT DATE

Blackrock Throgmorton Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (15:00)

GDP (Preliminary) (GER) (07:00)

GFK Consumer Confidence (GER) (07:00)

House Price Index (US) (14:00)

EGMS

Ming Yang Smart Energy Group Limited Gdr (Each Repr 5 A Shs Rmb1) (Reg S)

AGMS

Belluscura , RUA Life Sciences , Triple Point Energy Transition

Wednesday 28 August

INTERIMS

PensionBee Group , PureTech Health

QUARTERLY PAYMENT DATE

Seplat Energy (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

M3 Money Supply (EU) (09:00)

MBA Mortgage Applications (US) (12:00)

GMS

East Imperial, Echo Energy

FINALS

Naked Wines

AGMS

Ethernity Networks Ltd, Gail (India) Ltd GDR (Reg S), Kinovo , Wishbone Gold (DI)

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

Thursday 29 August

INTERIMS

BBGI Global Infrastructure S.A. NPV (DI), China Pacific Insurance (Group) Co., Ltd GDR (Reg S), Gem Diamonds Ltd. (DI), Grafton Group Ut (CDI), Hunting, PPHE Hotel Group Ltd

INTERIM DIVIDEND PAYMENT DATE

Aberforth Smaller Companies Trust, Bellevue Healthcare Trust (Red)

INTERIM EX-DIVIDEND DATE

Capital Limited (DI), Centamin (DI), Clarkson, Dowlais Group, Genuit Group, InterContinental Hotels Group, International Personal Finance, JPMorgan American Inv Trust, LLoyds Banking Group 6.475% Non-Cum Pref Shares, Morgan Advance Materials 5% Cumulative 2nd Preference 1, Morgan Advance Materials 5.5% Cumulative 1st preference 1, Newcastle 12 5/8% Perm Int Bearing Shs #1000, Northern Electricity Prf, Pagegroup, Plus500 Ltd (DI), Quartix Technologies, Quilter, RHI Magnesita N.V. (DI), Robert Walters, Savills, Secure Trust Bank, Serco Group, Team Internet Group

QUARTERLY EX-DIVIDEND DATE

Canadian General Investments Ltd., Diversified Energy Company , Downing Renewables & Infrastructure Trust, Petrotal Corporation NPV (DI), Premier Miton Global Renewables Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Continuing Claims (US) (13:30)

Economic Sentiment Indicator (EU) (10:00)

Gross Domestic Product (US) (13:30)

Industrial Confidence (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Pending Homes Sales (US) (15:00)

Personal Consumption Expenditures (US) (13:30)

Services Sentiment (EU) (10:00)

SPECIAL EX-DIVIDEND DATE

Plus500 Ltd (DI)

EGMS

Roebuck Food Group Public Limited Company (CDI)

AGMS

Guinness Vct

FINAL DIVIDEND PAYMENT DATE

Calculus VCT

FINAL EX-DIVIDEND DATE

Auto Trader Group , Brickability Group , Diageo, Dr. Martens , Henderson Smaller Companies Inv Trust, Knights Group Holdings , Northern Bear, PayPoint, Zigup

Friday 30 August

INTERIMS

Fondul Proprietatea S.A. GDR (Reg S)

INTERIM DIVIDEND PAYMENT DATE

Taylor Maritime Investments Limited NPV

QUARTERLY PAYMENT DATE

City of London Inv Trust, Custodian Property Income Reit, ICG Enterprise Trust, Octopus Renewables Infrastructure Trust , Picton Property Income Ltd, Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Consumer Confidence (EU) (10:00)

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 (US) (15:00)

Unemployment Rate (EU) (10:00)

Unemployment Rate (GER) (08:55)

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

FINAL DIVIDEND PAYMENT DATE

Calnex Solutions , Celtic 6% Cnv Cum Prf, City of London 4.2% Cum 1st Prf Stk, City of London Investment Trust 4.2% Non-Cum 2nd Prf Stk, City of London Investment Trust Preference Ord Stk 14% Non-Cumulative 1, Cranswick, CVC Income & Growth Limited NPV Euro, CVC Income & Growth Limited NPV GBP, Volex

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