Financial groups of different shapes and types, from Abrdn, L&G, Just Group to pawnbroker H&T Group PLC (AIM:HAT) will be a key theme on Tuesday, revealing different ways the economy is being affected by various headwinds and market forces.
With analysts reporting a return in risk appetite among investors on both sides of the Atlantic, but the Bank of England warning of an impending recession and consumers cutting back in all sorts of ways, investors will be eager to see what these companies have to say.
Following recent profit warnings among peers in the motor insurance sector, there should be some comment on this and how the life companies are faring meanwhile, from Legal & General Group PLC (LSE:LGEN), ahead of rivals Aviva and Pru a day later (read more).
Travel has been a sector followed closely by bargain-hunting investors, after it was crunched during the pandemic.
However, Intercontinental Hotels Group PLC (LSE:IHG) shares, which hit a high in 2019, have returned almost back to the same levels late last year and are not far off now.
The outlook looks positive, but there are concerns that next week’s interims could be the high-water mark for the company, said analysts.
In crypto land, results from Coinbase Global Inc (NASDAQ:COIN) will be well followed.
In the run-up to its second-quarter earnings the crypto exchange’s problems are multitudinous, with its shares in freefall and acres of bad press.
On the flip side there has been some good news, including teaming up with the world’s largest asset manager, BlackRock, and some feelings that it might not be all doom and gloom in the longer term.
Significant announcements on Tuesday 9 August
Finals: Baillie Gifford US Growth Trust PLC
Interims: Abrdn PLC (LSE:ABDN), Burford Capital PLC, H&T Group PLC, InterContinental Hotels Group PLC, IWG PLC (LSE:IWG), Just Group PLC (LSE:JUST), Legal & General Group PLC, RPS Group (LSE:RPS) PLC, TI Fluid Systems PLC (LSE:TIFS), Zotefoams PLC (LSE:ZTF)
Trading updates: Bellway PLC (LSE:BWY)
AGMs: APQ Global Limited, Northern 3 VCT PLC
Economic announcements: BRC retail sales
US earnings: Peloton, Coinbase Global, Jackson Financial, Roblox Corporation, Unity Software