Like Tuesday's US prices disappointment, UK inflation is going to remain stubborn according to Deutsche Bank economists.
Another rise is on the cards to around 4.1%, the bank predicts and potentially further dampening rate cut hopes... read the macro preview
On the company front, Severn Trent and United Utilities have moved seamlessly to the top of the most-disliked company list through a combination of sewage dumping, inflation-busting price hikes and generous dividend payouts. Results tomorrow might not do much to help sentiment. ... read the preview
After a very strong first half, Dunelm's key points of interest are profit delivery and gross margin, says UBS... read the preview
Announcements due
Trading updates: Severn Trent PLC (LSE:SVT), United Utilities Group PLC (LSE:UU.)
Interims: Dunelm Group PLC (LSE:DNLM), Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF)
Finals: Coca-Cola HBC AG
US earnings: Barrick Gold Corp, CME Group Inc (NASDAQ:CME), The Kraft Heinz Co (NASDAQ:KHC, ETR:KHNZ), Cisco Systems Inc (NASDAQ:CSCO, ETR:CIS), Occidental Petroleum Corp (NYSE:OXY), Quantumscape Corp (NYSE:QS), Twilio Inc (NYSE:TWLO)
AGMs: Tritax Eurobox PLC (LSE:EBOX), Gcp Infrastructure Investments Ltd, Gfinity PLC (AIM:GFIN), Tertiary Minerals PLC (AIM:TYM)
Economic announcements: Consumer Price Index (UK), Producer Price Index (UK), Retail Price Index (UK), MBA Mortgage Applications (US), Crude Oil Inventories (US), GDP (EU)