Friday preview: Lots of economic data to digest

Friday is set to be a pretty quiet day on the corporate front in London as the markets begin to wind down for Christmas. However, there'll be plenty of economic indicators out for investors to digest.

Friday is set to be a pretty quiet day on the corporate front in London as the markets begin to wind down for Christmas. However, there'll be plenty of economic indicators out for investors to digest.

First, the Gfk consumer confidence survey in the UK is expected to decline from -22 to -25 in December, while Germany's forward-looking consumer confidence is expected to stay at 5.9 for January.

Around 09:30 in London will see the release of the final reading of UK third-quarter gross domestic product (GDP) figures. Initial estimates showed that the economy expanded by 1.0% in the three months to the end of September; the final reading is expected to remain unchanged.

Stateside, figures are expected to show that personal income rose by 0.3% in November (0% change in October) and personal spending increased by 0.4% (-0.2% previously).

Meanwhile, the University of Michigan confidence survey is forecast for a slight rise from 74.5 to 75 in December.

INTERIM DIVIDEND PAYMENT DATE

Establishment Inv Trust, Invensys, Investment Company, MS International, Tesco

QUARTERLY PAYMENT DATE

BP, Molex Inc., Molex Inc. 'A' Shares

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Personal Consumption Expenditures (US) (13:30)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

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

GMS

Monitise, Skyepharma

EGMS

Banco Bilbao Vizcaya Argentaria SA

AGMS

Berkeley Mineral Resources, Ludgate Environmental Fund Ltd., Mining Investments Resources, Norseman Gold, Nova Resources Limited (DI), Zambeef Products

UK ECONOMIC ANNOUNCEMENTS

Balance of Payments (09:30)

Current Account (09:30)

GDP (quarterly national accounts) (09:30)

GFK Consumer Confidence (00:01)

Index of Services (09:30)

Public Sector Finances (09:30)

FINAL DIVIDEND PAYMENT DATE

CVS Group, Dunelm Group, Hornby, JPMorgan Japanese Inv Trust, Northern Venture Trust, St Ives, Standard Life Equity Income Trust

BC

Recommended

A new legal headache for Haleon
Stocks and shares

A new legal headache for Haleon

Haleon, GSK’s former consumer-products arm, spun off last month, has made a dismal debut on the stockmarket.
17 Aug 2022
Persimmon yields 12.3%, but can you trust it to deliver?
Share tips

Persimmon yields 12.3%, but can you trust it to deliver?

With a dividend yield of 12.3%, Persimmon looks like a highly attractive prospect for income investors. But that sort of yield can also indicate compa…
17 Aug 2022
Cineworld faces a bleak future – investors should stay away
Share tips

Cineworld faces a bleak future – investors should stay away

Weighed down by crippling debts and with consumers tightening their belts, Cineworld's future does not look bright, says Rupert Hargreaves. Investors …
17 Aug 2022
Britain’s ten most-hated shares – w/e 12 August
Stocks and shares

Britain’s ten most-hated shares – w/e 12 August

Rupert Hargreaves looks at Britain's ten most-hated shares, and what short-sellers are looking at now.
16 Aug 2022

Most Popular

Don’t listen to the doom-mongers – the future is bright
Economy

Don’t listen to the doom-mongers – the future is bright

With volatile markets, raging inflation and industrial unrest, it may feel like things are bad and likely to get worse. But the end of the world is no…
15 Aug 2022
Investors should get ready for a political revolution
UK Economy

Investors should get ready for a political revolution

Liz Truss will beat Rishi Sunak, cut taxes, and then shake up the Bank of England, says Helen Thomas
15 Aug 2022
How solar panels could lower your energy bill
Energy

How solar panels could lower your energy bill

Solar-panel installation firms are reporting a four-fold increase in orders this year compared with 2021. Ruth Jackson-Kirby explains how solar can he…
14 Aug 2022