Friday preview: US producer prices, UK GDP in the spotlight

by | Aug 10, 2023

(Sharecast News) – Inflation trends in the States would continue to be the main focus for investors at the end of the week.
At 1330 BST the Department of Labor was expected to report that producer prices increased at a month-on-month pace of 0.2% in July.

Also due out, at 1500 BST, were the preliminary results for the University of Michigan’s consumer confidence gauge covering the month of August.

Economists had penciled in a reading of 71.0.

On home shores meanwhile, at 0700 BST the Office for National Statistics was expected to announce that the UK’s gross domestic product growth was flat over the three months to June.

Friday 11 August

INTERIMS

Beazley

AGMs

TwentyFour Select Monthly Income Fund Limited, SIMEC Atlantis Energy Limited (DI)

FINAL DIVIDEND PAYMENT DATE

Triad Group, Strix Group, Sanderson Design Group, Telecom Plus, Ninety One, Next 15 Group

Caffyns, Wincanton, Cmc Markets

INTERIM DIVIDEND PAYMENT DATE

Montanaro UK Smaller Companies Inv Trust, Unicorn AIM VCT, Schroder European Real Estate Investment Trust

SPECIAL DIVIDEND PAYMENT DATE

Sportech

QUARTERLY PAYMENT DATE

Tufton Oceanic Assets Limited NPV, BlackRock Latin American Inv Trust

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Producer Price Index (US) (13:30)

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

Related articles

Friday preview: UK data and US inflation stats in focus

Friday preview: UK data and US inflation stats in focus

(Sharecast News) - There will be an absence of corporate results on Friday as markets wind down for the Christmas holiday, but that won't stop a flurry of economic data announcements from being released from the UK and US. After strong gains in recent weeks, stock...

Trending stories

Join our mailing list

Subscribe to our mailing list to receive regular updates!

x