Skip Header
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.

Tuesday preview: US CPI, UK employment in focus

(Sharecast News) - Tuesday will bring with it the week's key data release, the U.S. Consumer Price Index for the month of February.

Should headline CPI stay put at 3.1% year-on-year, as per the consensus, that may keep alive expectations that interest rate cuts could begin towards mid-year.

Just as important, core CPI was seen ticking lower to an annual rate of 3.7%, versus a January reading of 3.9%.

Earlier, at 0700 GMT, the Office for National Statistics will publish its January employment report.

Across the Channel, before the market open, Germany's Ministry of Finance will release a reading for consumer prices in February.

In the company space meantime, homebuilder Persimmon is scheduled to release its full-year numbers.

Morgan Stanley analyst Cedar Ekblom has penciled-in a 26% drop in second half sales to reach £1.57bn, for a near halving in underlying gross profit to £307m.

Earnings per share meanwhile is pegged to come in at 51.8p or down by 26% over the year.

Tuesday 12 March

INTERIMS

Fonix Mobile , Fonix Mobile , Fonix Mobile , Target Healthcare Reit Ltd

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Budget Statement (US) (18:00)

Consumer Price Index (GER) (07:00)

Consumer Price Index (US) (12:30)

Q3

Ashtead Group

GMS

RBG Holdings

FINALS

BATM Advanced Communications Ltd., Costain Group, Domino's Pizza Group, Domino's Pizza Group, Foresight Solar Fund Limited, Genuit Group, H&T Group, Persimmon, Synthomer, TI Fluid Systems, TP Icap Group

AGMS

Impax Asset Management Group, Seed Capital Solutions , Shoe Zone

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Unemployment Rate (07:00)

Share this article

Related Sharecast Articles

Hikma boosts injectables business with Xellia assets acquisition
(Sharecast News) - Hikma Pharmaceuticals said on Monday that it has agreed to buy parts of Xellia Pharmaceuticals, a Copenhagen-based specialty company focusing on providing anti-infective treatments and other critical care therapies, for up to $185m.
Ascential on track to hit targets this year
(Sharecast News) - Publishing, events and B2B consultancy group Ascential has said that trading is in line with expectations for the full year, helped by strong growth in marketing and fintech operations.
AstraZeneca's Imfinzi gets US approval for endometrial cancer patients
(Sharecast News) - AstraZeneca said its Imfinzi cancer treatment had been approved in the US as treatment for adult patients with primary advanced or recurrent endometrial cancer.
British Land CFO to join Kingfisher
(Sharecast News) - B&Q owner Kingfisher said it had appointed British Land chief financial officer Bhavesh Mistry to the same role at the home improvement company.

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.