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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Food & drink

Barclays kicks off bank season on Wednesday, Glencore adds extra income interest

Midweek brings the first in our FTSE 100 banking season, with Barclays PLC (LSE:BARC).

Overall, the focus for the banking sector will be on shareholder returns and possibly windfall taxes, but for the blue-eagle bank analysts said it was the most difficult to predict in the coming week due to its investment bank.

Elsewhere, Glencore PLC (LSE:GLEN) adds interest for income hunters, with the Swiss-headquartered commodities colossus offering “superior cash returns” compared to its peers, according to UBS, but worries about the outlook for its exposure to coal.

For an update on the squeezed UK consumer, we will hear from retailer Dunelm Group PLC (LSE:DNLM) in its half-year results.

It has shown hardiness amid the cost-of-living headwinds and analysts reckon investors will want updates on second-half guidance, the cost situation and how much it is able to pass on via price rises.

Significant announcements

Trading updates: DCC PLC (LSE:DCC)

Interims: Dunelm Group PLC, Hargreaves Lansdown PLC (LSE:HL.), Pan African Resources

Finals: Barclays PLC, Glencore PLC

AGMs: Blencowe Resources PLC (LSE:BRES), GCP Infrastructure Investments Ltd

Economic announcements: Consumer Price Index (UK), Producer Price Index (UK), Retail Price Index (UK), MBA Mortgage Applications (US), Retail Sales (US), Retail Sales Less Autos (US), Business Inventories (US), Crude Oil Inventories (US), FOMC Interest Rate Minutes (US)

US earnings: Analog Devices, Barrick Gold, The Kraft Heinz Co (NASDAQ:KHC), Shopify, The Trade Desk, Cisco Systems (NASDAQ:CSCO), QuantumScape, Roku Inc (NASDAQ:ROKU), Twilio, Roblox, Marathon Oil, CF Industries

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The Markets
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