THE WEEK AHEAD in association with GFT
COMPANY NEWS
● It’s a busy week for results. Today, Hiscox, HSBC, Intertek and Ultra Electronics Holdings announce.
● Barclays, Capital Shopping Centres, Cookson, Drax, Fresnillo, GKN, Meggitt, Millennium & Copthorne Hotels, Rotork, Weir and Xstrata all announce tomorrow.
● Announcing on Wednesday are Capital & Counties Properties, Ferrexpo, Legal & General, Rexam, Rightmove, Standard Chartered and Taylor Wimpey. The latter will hope to build on the recent news that it has permission to construct on greenbelt land near Bristol.
● On Thursday, Aviva, British Land, Catlin, Cobham, Inmarsat, Ladbrokes and Lloyds, Randgold Resources, Rio Tinto announce.
● Also, RSA Insurance, Schroders and Unilever also announce. Unilever was founded in 1930 by Antonius Jurgens, Samuel van den Bergh and William Hulme Lever, 2nd Viscount Leverhulme.
● On Friday, Logica, Old Mutual, Prudential, Royal Bank of Scotland, Smith & Nephew and William Hill announce. Investors have been taking a punt that the FTSE 250 bookmakers reveal some good numbers.
ECONOMICS
● Tomorrow, the Reserve Bank of Australia will announce its decision on interest rates while it will deliver its monetary policy statement on Friday.
● On Thursday, the Bank of England will announce on its asset purchase facility (quantitative easing) and deliver its interest rate decision.
● On Friday, the Bank of Japan releases its interest rate decision and will deliver its monetary policy statement. Also on Friday, the US unemployment rate for July and nonfarm payrolls will be released by the US Department of Labor.
POLITICAL NEWS
● Republicans and Democrats have until tomorrow to reach a deal on what to do about the US’s debt ceiling. The biggest economy in the world is still staring down the barrel of a default.
● On the same day Brigadier General Rostam Qasemi will likely be sworn in as Iran’s new oil minister. Qasemi is subject to sanctions from the European Union for alleged involvement in Iran’s nuclear programme.
● In the emerging world, Friday will see a summit between Argentina and Brazil, in which they will discuss greater coordination on trade.