Wednesday preview: US CPI, Legal & General in focus
The market spotlight in the middle of the week will be on the US Consumer Price Index for the month of February.
FTSE 100
8,632.33
16:39 14/03/25
FTSE 350
4,713.41
17:09 14/03/25
FTSE All-Share
4,661.70
16:59 14/03/25
Legal & General Group
242.20p
16:54 14/03/25
Life Insurance
6,190.75
17:09 14/03/25
Consensus is that the annual rate of increase in headline CPI ticked lower by a tenth of a percentage point to 2.9%.
Core CPI meanwhile is forecast to have dipped from 3.3% to 3.2%.
In Canada meanwhile, rate-setters in Ontario will meet to decide on monetary policy.
Expectations are that official short-term rates will be cut by 25 basis points to 2.75%.
At noon, the Organisation for Petroleum Exporting Countries will release its Monthly Oil Market Report.
On the corporate side of things, Legal&General will release its full-year numbers.
UBS analyst Nasib Ahmed said that he will be focusing on an expected £500m share buyback announcement (consensus: £370m).
Ahmed was also anticipating solvency of 235%, versus the consensus on 221%.
Total operating profit was seen coming in at £774m, for a final dividend per share of 15.36p.
Wednesday 12 March
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Budget Statement (US) (18:00)
Consumer Price Index (US) (12:30)
Crude Oil Inventories (US) (14:30)
Current Account (GER) (13:30)
MBA Mortgage Applications (US) (11:00)
FINALS
4Imprint Group, Balfour Beatty, Forterra, Hill and Smith, Hochschild Mining, Legal & General Group, PensionBee Group , Public Policy Holding Company, Inc.(DI), The Gym Group
EGMS
Phoenix Spree Deutschland Limited Shs NPV
AGMS
Chrysalis Investments Limited NPV, Cloudbreak Discovery, Nexus Infrastructure , River UK Micro Cap Limited
FINAL DIVIDEND PAYMENT DATE
Tharisa (DI)
FINAL EX-DIVIDEND DATE
Safestore Holdings