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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: US, UK CPI in the spotlight

(Sharecast News) - The cost of living in the States is expected to have slipped again last month, but investors are keen to know by just how much. At 1230 BST, the Department of Labor is expected to announce that the annual rate of increase in consumer prices had ticked lower by a tenth of a percentage point in July to reach 2.9%.

Core CPI gains meanwhile were seen ebbing from 3.3% to 3.2%.

Earlier, at 0600 BST, the Office for National Statistics is expected to announce that the opposite occurred in the UK, even if from a lower base, with CPI picking up to 2.3% year-on-year after having fallen to 2.0% during the previous month.

In the euro area meanwhile, at 0900 BST Eurostat will release readings for second quarter employment and gross domestic product growth.

Overnight, rate-setters in New Zealand are expected to announce a decision to keep official short-term interest rates on hold at 5.5%.

Wednesday 14 August

INTERIMS

AB Ignitis Grupe GDR (Reg S), Atalaya Mining, Aviva, Balfour Beatty, Intelligent Ultrasound Group , Ulster Bank Ireland Designated Activity Company 11.75% Sub Bds

INTERIM DIVIDEND PAYMENT DATE

Shoe Zone

INTERIM EX-DIVIDEND DATE

Smurfit Westrock (DI)

QUARTERLY PAYMENT DATE

M Winkworth

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Crude oil Inventories (15:30)

GDP (Preliminary) (EU) (10:00)

Industrial Production (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

Q2

Atalaya Mining, Telecom Egypt SAE GDS (Regs)

Q3

TUI AG Reg Shs (DI)

AGMS

Enwell Energy, Mountview Estates, Silver Bullet Data Services Group, United Oil & Gas

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Price Index (07:00)

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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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