As the financial world winds down ahead of the Christmas holidays, there is still a light sprinkling of company news and macroeconomic data for those who want or have to work through the week.
Company reports are expected from cruise operator Carnival, 10-pin bowling chain Hollywood Bowl and music rights investor Hipgnosis.
Monday 18 December
Company previews:
The first advent calendar door of the week has a 10-pin bowling ball behind it, with Hollywood Bowl getting the week rolling with full-year results, which come at a time when investors are wondering if the company could soon be joining close rival Ten Entertainment in attracting a private equity bid …read the preview.
Others due to report:
AGMs: Braemar PLC (LSE:BMS, OTC:BSEAF), Fandango Holdings PLC
Tuesday 19 December
Company previews:
Hipgnosis Songs Fund Ltd reports interim numbers after months of toing and froing by the music royalty specialist, with investors likely to be hoping for a fairly straightforward set of numbers and maybe an update on its strategic review after the recent failed continuation vote …read the preview.
The Bank of Japan could make headlines on the day too if there are hints about a change in its long-held negative interest rate policy.
Other financial news:
US earnings: Accenture PLC (NYSE:ACN), FedEx (NYSE:FDX) Corporation
AGMs: dotDigital Group PLC, Netcall PLC (AIM:NET), Orosur Mining Inc (AIM:OMI, TSX-V:OMI), Technology Minerals PLC (LSE:TM1), Tristel PLC (AIM:TSTL), Zanaga Iron Ore Company Ltd
Economic announcements: Inflation (EU), Building Permits (US), Housing Starts (US)
Wednesday 20 December
Company previews:
UK inflation is the big news of what is due to be an otherwise fairly quiet day …read the macro week ahead.
Others due to report:
Interims: Time Finance PLC (AIM:TIME)
Finals: Jersey Electricity PLC
US earnings: Micron Technology Inc
AGMs: AVI Global Trust PLC, Focusrite PLC (AIM:TUNE), Northamber PLC, Solgold PLC
Economic announcements: Consumer Price Index (UK), Producer Price Index, (UK), Public Sector Net Borrowing (UK), Retail Price Index (UK), MBA Mortgage Applications (US), Current Account (US), Existing Home Sales (US), Crude Oil Inventories (US)
Thursday 21 December
Company previews:
Cruise operator Carnival PLC (LSE:CCL) provides a year-end update, fresh from the previous quarter’s return to profit for the first time since the pandemic. However, some concerns remain …read the preview.
Other financial news:
US earnings: Nike Inc (NYSE:NKE)
AGMs: Beeks Financial Cloud Group PLC (AIM:BKS), Gfinity PLC (AIM:GFIN), Vietnam Holding Ltd
Economic announcements: Public sector borrowing (UK), GDP (US), Continuing Claims (US), Initial Jobless Claims (US), Personal Consumption Expenditures (US), Philadelphia Fed Index (US)
Ex-dividends to reduce FTSE 100 by: 5.43
Friday 22 December
The London Stock Exchange shuts early on Friday, 12.30pm to be exact.
But there should be some notable macro in the morning to provide grist to the market mill for those that are working in the morning, with UK GDP, retail sales and current account data early doors, followed later by a blizzard of US stats ...see the macro week ahead.
Others financial events:
AGMs: Corcel PLC (LSE:CRCL), European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF), Gulf Investment Fund, Plexus Holdings PLC (AIM:POS), Wildcat Petroleum (LSE:WCAT) PLC
Economic announcements: Current Account (UK), Gross Domestic Product (UK), Retail Sales (UK), Durable Goods Orders (US), Personal Consumption Expenditures (US), Personal Income (US), Personal Spending (US), New Homes Sales (US), University of Michigan Confidence (Final) (US)