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

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UK economy, house prices and US consumer confidence: The week ahead

A quiet Christmas week will feature a string of macroeconomic updates from both sides of the Atlantic.

Monday will see an update on house prices from Zoopla, while a final estimate on third-quarter economic growth is also due.

Initial readings showed gross domestic product up 1% over the quarter, which is expected to remain unchanged.

In the US, consumer confidence data will be in focus in the meantime.

"Trump continues to exert considerable influence over financial markets," AJ Bell's Russ Mould pointed out, "it will therefore be interesting to see if this spills over".

Home sales in the US will then be released on Christmas Eve, with 660,000 purchases expected through November, against October's 610,000.

Initial jobless claims figures follow on Thursday after the Christmas break, before Gelion offers some company news at the back end of the week.

Monday 23 December

Announcements due:

AGMs: Abrdn Diversified Income And Growth PLC, Virgin Wines UK PLC (AIM:VINO)

Economic news: Zoopla House Prices (UK), Current Account (UK), GDP (UK), Consumer Confidence (US)

Tuesday 24 December

Announcements due:

AGMs: Shield Therapeutics PLC (AIM:STX, OTCQX:SHIEF)

Economic news: Durable Goods orders (US), New Home Sales (US)

Wednesday 25 December

CHRISTMAS DAY

Thursday 26 December

BOXING DAY

Economic news: Initial Jobless Claims (US)

Friday 27 December

Announcements due:

Finals: Gelion PLC (AIM:GELN)

AGMs: Eco Atlantic Oil & Gas Ltd, Opg Power Ventures PLC, THG Holdings

Economic news: Goods Trade Balance (US)

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