Wednesday preview: UK inflation data, Bunzl update

(Sharecast News) - Wednesday sees the release of the latest UK inflation data, along with a pre-closing trading statement from Bunzl and full-year results from Transact owner IntegraFin. As far as the UK inflation data is concerned, TD Securities expects inflation to continue easing in November with the headline measure coming in at 3.5% y/y, a touch above Bank of England projections (market: 3.5%; BoE: 3.4%; prior: 3.6%).

"Services will remain steady at 4.5% y/y (market/BoE: 4.5%; prior 4.5%), and will be prevented from easing further on the back of base effects in volatile components," it said. "However, an uptick in core goods prices to 1.6% y/y (prior: 1.5%) will bring core inflation to 3.5% y/y (market: 3.3%; prior: 3.4%), albeit with a rounding effect."

In Europe, preliminary results from Pepco and full-year numbers from ThyssenKrupp Nucera are due.

Across the pond, first-quarter earnings from chipmaker Micron and second-quarter earnings from food manufacturer General Mills - the owner of brands such as Cheerios, Betty Crocker, Nature Valley and Green Giant - will be eyed.

Wednesday December 17

INTERIMS

Victoria

QUARTERLY PAYMENT DATE

CRH (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Harmonised Index of Consumer Prices (EU) (10:00)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

Import and Export Price Indices (US) (13:30)

MBA Mortgage Applications (US) (12:00)

Retail Sales (US) (13:30)

FINALS

IntegraFin Holding

EGMS

BSF Enterprise

AGMS

Beeks Financial Cloud Group, Conroy Gold & Natural Resources (CDI), First Development Resources, First Development Resources, GCM Resources, Guardian Metal Resources, Karelian Diamond Resources (CDI), Netcall, Schroder BSC Social Impact Trust

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Croma Security Solutions Group