Wednesday June 26 On Wednesday UK Finance will publish mortgage approvals for May. British banks approved 42,989 mortgages for new house purchase in April 2019, up 11.5% from a year earlier. Has this momentum been sustained? Thursday June 27 A slew of Eurozone economic data will be published covering consumer confidence price trends, economic and industrial sentiment. The Business Climate Indicator (BCI) for the Euro Area declined to 0.3 in May 2019 from 0.42 in the previous month and below market expectations of 0.4. Friday June 28 Nationwide UK house price survey Saturday June 29 G20 summit begins Monday July 1 A big day for macroeconomic indicators as IHS Markit Manufacturing PMI data will be is published for the UK, Italy, France and Germany. Also the Bank of England publishes UK mortgage approvals for June. Wednesday July 3 UK service PMI for June Thursday July 4 UK new car sales Friday July 5 UK: Monthly and annual house price data – the Halifax. US: monthly job statistics (non-farm payrolls) Wednesday July 10 UK: monthly GDP and industrial output figures – ONS UK: balance of trade figures US: minutes from June FOMC meeting (detail on interest rate decision) Friday July 12 Eurozone: industrial production figures Tuesday July 16 UK unemployment figures Wednesday July 17 UK and Euro Area: monthly inflation figures Friday July 19 UK: public sector net borrowing June Wednesday July 24 UK finance mortgage approvals Thursday July 25 DIARY REMINDER : European central bank interest rate decision Wednesday July 31 DIARY REMINDER US: Cut or hold? The Fed announces its decision on interest rates SECOND QUARTER AND HALF-YEAR EARNINGS AT A GLANCE Second quarter and first half earnings season begins in July. UK, food delivery company Ocado and US drinks giant Pepsico kick earnings on July 8, then reporting comes thick and fast fromJuly 15, led by the US financial sector before blue-chips and mid-cap corporates alike give an update on trading and the broader economic backdrop. Here are some of the most important earnings announcements in the month ahead Wednesday July 10 UK pub group JD Wetherspoon gives an update on the impact of Brexit on consumer habits. Monday July 15 US earnings season kicks off with Citigroup Inc and asset management giant Blackrock Inc reporting second quarter results. In the UK mining company Rio Tinto unveils its operations review for the three months to the end of June. Tuesday July 16 35 US companies report earnings including Wall Street heavyweights Goldman Sachs,JP Morgan, Morgan Stanley and Wells Fargo. Corporate earnings begin to emerge with online retailer EBay, consumer products company Johnson & Johnson and US oil pipeline giant Kinder Morgan among the blue-chip highlights. Luxury brand Burberry and credit rating agency Experian lead the FTSE100 earnings calendar. Thursday 17 July IBM, Microsoft and Netflix lead a cast of 54 companies reporting earnings and giving an update on the state of the global economy. Water company Severn Trent and mobile operator TalkTalk are among the UK companies to report. Thursday 18 July US bank earnings season continues with State Street Corp along with a number of regional lenders. Cigarette company Philip Morris also updates investors. In the UK, troubled travel group Thomas Cook will come under the spotlight for signs of progress in its turnaround plans, while budget airline Easyjet, discount retailer Sports Direct and Moneysupermarket.com are among the other blue-chips reporting. Monday July 22 US defence technology United Technologies will provide an update of its acquisition of smaller rival Raytheon as it reports results. Oil giant Haliburton also features along with 123 other companies presenting second quarter results. Tuesday July 23 Facebook will provide an update on the progress towards the implementation of crypto-currency Libra while drinks giant Coca Cola and Kimberly-Clark are among 179 companies reporting earnings. UK retailer ASOS is also due to report. Wednesday July 24 US earnings remains in full flight with American Airlines joining Amazon AT&T, Ford Motor Co, Expedia and fast-food restaurant chain McDonalds among 216 companies reporting. In the UK drugs giant GlaxoSmithKline, broadcaster ITV, drinks marketing group Britvic and Tullow Oil all report. Thursday July 25 Alphabet, the parent company of search engine Google, Anheuser-BuschInbev, coffee chain Starbucks, and chipmaker Intel lead a list of 82 companies reporting earnings. The FTSE100 reporting season also hits it stride, with pharmaceuticals company AstraZeneca, mining group Anglo-American, consumer goods company Unilever, and drinks giant Diageo among the corporate heavyweights. Friday July 26 Twitter is the name to watch among seven US companies reporting earnings. In the UK, Vodafone releases first quarter results for 2020 Monday July 29 US earnings seasons reaches its climax with Apple and Proctor & Gamble among 235 US companies to report second quarter and first half results. In the UK, shopping centre owner Hammerson will update the market on the progress of its £900m disposal plan. Tuesday July 30 With US earnings season starting to recede, the FTSE comes to the fore with Aggreko, BP, Centrica, and Jupiter Fund Management leading the charge. |