Tuesday preview: Fed minutes, UK public sector borrowing in the spotlight

by | Nov 21, 2023

(Sharecast News) – All eyes on Tuesday will be on the minutes of the U.S. central bank’s last policy meeting.
According to Michael Hewson, chief market analyst at CMC Markets UK, they should “offer a decent insight into how much appetite there is across the committee for further rate hikes at a time when the US economy is clearly slowing.”

For the same analyst, Fed chair Jerome Powell’s most recent speech suggested that central bankers in the U.S. would need to think “very carefully” about whether another hike might do more harm than good after the CPI figures for October strengthened the case for staying put on rates come December’s meeting.

Also out of the U.S., at 1330 GMT the Department of Commerce will publish existing home sales figures for October

Earlier, at 0700 GMT the Office for National Statistics will release public sector net borrowing requirement data for that same month.

Tuesday 21 November

INTERIMS

Intercede Group, Accsys Technologies, AO World, Schroder Real Estate Investment Trust Ltd, Eckoh, Telecom Plus, Workspace Group, Caledonia Investments, Cranswick,

Trifast

TRADING ANNOUNCEMENTS

CRH (CDI)

AGMs

Berkeley Energia Limited (DI), Physiomics

GMs

Trainline, Currys, Custodian Property Income Reit

INTERIM DIVIDEND PAYMENT DATE

Catalyst Media Group

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Existing Home Sales (US) (15:00)

Fed meeting minutes (US)

Related articles

Tuesday preview: Fedspeak, Easyjet in focus

Tuesday preview: Fedspeak, Easyjet in focus

(Sharecast News) - The market spotlight on Tuesday will be on speeches from a trio of top officials at the U.S. Federal Reserve. The first to take to the podium will be Chicago Fed chief Austan Golsbee at 1500 GMT. An hour earlier, S&P is due to publish its...

Friday preview: Japan CPI, UK consumer confidence in focus

Friday preview: Japan CPI, UK consumer confidence in focus

(Sharecast News) - Investors' focus at the end of the week would shift towards Asia, where the Japanese Bureau of Statistics was set to publish consumer price data for October. On home shores meanwhile, overnight consultancy GfK was to publish its consumer confidence...

Thursday preview: UK and euro area PMIs, Jet2 in focus

Thursday preview: UK and euro area PMIs, Jet2 in focus

(Sharecast News) - Investors' attention on Thursday will be on a spate of survey results covering conditions in the manufacturing and services sectors in the UK and euro area during the month of November. At 0930 GMT S&P Global will release its survey findings for the...

Latest Articles

Join our mailing list

Subscribe to our mailing list to receive regular updates!

x