Thursday preview: UK Q2 GDP, CCH in focus

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Sharecast News | 11 Aug, 2021

Financial markets' focus on Thursday will be a on slew of activity readings for the British economy in June.

All told, gross domestic is expected to have expanded by 4.8% quarter-on-quarter over the three months to June, led by a rebound in services and construction.

For June alone, GDP is seen 1.0% higher on the month.

Stateside meanwhile, inflation will continue to front and centre on investors' minds as the Department of Labor releases producer price data for July.

Weekly initial and secondary US unemployment claims figures also hold the potential to move markets.

Inflation readings are also due out in France and Spain, albeit at the consumer level.

Further afield, rate-setters in New Zealand and in the Philippines will meet to decide on interest rates.

On the corporate side of things, Coca-Cola Hellenic will update investors on its second quarter performance.

UBS analyst Nik Oliver said investors would focus on volume growth in Russia and Nigeria with the analyst having penciled-in a 18.2% rise in organic sales for the half.

The bottler's earnings before interest and taxes meanwhile were seen up by 46%.

In his opinion, financial markets were not pricing in the company's ability to grow its topline by 5.0-6.0% and consistently grow its margins.

Thursday 12 August

INTERIMS

Arix Bioscience , Arrow Global Group, Aviva, Coca-Cola HBC AG (CDI), Empiric Student Property , Empresaria Group, Entain, Glanbia (CDI), Mears Group, Ocean Wilsons Holdings Ltd., Silence Therapeutics, Tribal Group, Vitec Group

INTERIM DIVIDEND PAYMENT DATE

Treatt, Unicorn AIM VCT

INTERIM EX-DIVIDEND DATE

Aferian, Barclays, Baronsmead Second Venture Trust, Baronsmead Venture Trust, Direct Line Insurance Group, Domino's Pizza Group, Ferrexpo, Fresnillo, Hiscox Limited (DI), Ibstock , IMI, IP Group, Jupiter Fund Management , Legal & General Group, LMS Capital, LSL Property Services, Maven Income & Growth 3 VCT, Maven Income and Growth VCT 5, NATWEST GROUP PLC ORD 100P, Pearson, Quartix Technologies, Reach, Rio Tinto, SEGRO, Spirent Communications, Standard Chartered, Vivo Energy

QUARTERLY EX-DIVIDEND DATE

BP, Honeywell International Inc., ICG Enterprise Trust, JPMorgan Claverhouse Inv Trust, Octopus Renewables Infrastructure Trust , Royal Dutch Shell 'A', Royal Dutch Shell 'B', The Renewables Infrastructure Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Industrial Production (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Producer Price Index (US) (12:30)

Producer Price Index (US) (13:30)

Q2

Wheaton Precious Metals Corp.NPV (CDI)

SPECIAL EX-DIVIDEND DATE

Lindsell Train Inv Trust, Next, Northern 3 VCT, Rio Tinto

AGMS

BMO Global Smaller Companies, Montanaro UK Smaller Companies Inv Trust, Napster Group, Victoria Oil & Gas, W H Ireland Group

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

GDP (Preliminary) (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Halma, Ninety One

FINAL EX-DIVIDEND DATE

Argentex Group , D4T4 Solutions, Halfords Group, Iomart Group, Lindsell Train Inv Trust, Montanaro European Smaller Companies Trust, Northern 3 VCT, Severfield, Speedy Hire

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