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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Wednesday preview: Global PMIs, EasyJet in focus

(Sharecast News) - The market spotlight on Wednesday was expected to be on preliminary results for a raft of closely-followed economic surveys on either side of the Atlantic.

First out would S&P Global's euro area factory and services purchasing managers' indices for the month of January at 0900 GMT.

They would be followed at 0930 GMT by the same consultancy's comparable surveys for the UK.

Comparable surveys for the U.S. were also scheduled for release at 1445 GMT.

On the corporate side of things, EasyJet was scheduled to release its first quarter numbers.

Despite the carrier's optimism regarding the outlook for 2024, events in the Middle East had led management to a "modest reappraisal" of the outlook for the first half of the year, said Michael Hewson, chief market analyst at CMC Markets UK.

As well, the company's earnings tended to be weighted towards the back half of the year, the analyst noted.

Wednesday 24 January


Hargreaves Services, Van Elle Holdings


Baltic Classifieds Group, Discoverie Group, Pharos Energy


Alpha Real Trust Ltd.


Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)


Botswana Diamonds, Henderson Far East Income Ltd., Lowland Investment Co, Pantheon Resources, Tracsis


Computacenter, easyJet, Lords Group Trading, Palace Capital , PensionBee Group , Quilter

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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