Tomorrow 's Economic Announcements

Stay up to date! Announcements scheduled for tomorrow:


INTERIMS 
Avingtrans 


INTERIM DIVIDEND PAYMENT DATE 
Ashtead Group, Halma, Workspace Group 


INTERIM EX-DIVIDEND DATE 
City of London Investment Group, Clyde Process Solutions, Murgitroyd Group, Penna Consulting, Puma High Income VCT , Stagecoach Group 


QUARTERLY EX-DIVIDEND DATE 
BP, GlaxoSmithKline, JPMorgan Claverhouse Inv Trust, Royal Dutch Shell 'A', Royal Dutch Shell 'B', Unilever 


INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Consumer Confidence (JPN) 
Machine Tool Orders (JPN) 
Machine Orders (JPN) 
Domestic CGPI (JPN) 
Balance of Trade (GER) (07:00) 
Current Account (GER) (07:00) 
Retail Price Index (GER) (07:00) 


UK ECONOMIC ANNOUNCEMENTS 
BRC Shop Price Index (00:01) 
Visible Trade Balance (09:30) 
Non-EU Trade Balance (09:30) 


GMS 
Pathfinder Minerals , Private Equity Investor 


FINALS 
Coca-Cola Hellenic Bottling Company SA, CSR, Smurfit Kappa Group, Telecity Group, THB Group 


IMSS 
Cable & Wireless Communications, Daily Mail and General Trust, Grainger, Quintain Estates & Development 


SPECIAL EX-DIVIDEND PAYMENT DATE 
International Power, Victrex 


EGMS 
Subex Ltd. GDR (Reg S) 


AGMS 
Albion Income & Growth VCT, Daily Mail and General Trust, Future, Grainger 


FINAL DIVIDEND PAYMENT DATE 
Edinburgh Worldwide Inv Trust 


FINAL EX-DIVIDEND DATE 
Artemis VCT, Impax Asset Management Group, Sage Group, Victrex, Zytronic


Source:Sharecast

Currency War: Brazil vs. China

The US has voiced support for Brazil in their "currency war" with China. US Secretary of the Treasury, Tim Geithner, has criticised undervalued currencies leading to Brazil receiving a disproportionate amount of global capital inflows.

The Brazilian currency, the Real, has been damaged by foreign investment and a increase of cheap Chinese imports.

Source: Telegraph

China Raises Interest Rates

The Chinese central bank has raised interest rates to 6.06% to tackle inflation.

The Chinese economy has experience strong growth, 9.8% in the past three months, however there are some bearish views from speculators who are predicting a housing bubble due to spiralling costs among other factors.


http://www.telegraph.co.uk/finance/economics/8310887/China-raises-interest-rates-for-third-time-in-four-months.html

http://www.telegraph.co.uk/finance/china-business/8290457/China-syndrome-means-country-faces-dangerous-property-bubble.html

Financial Problems for Egypt

The Egyptian government is facing a financial dilemma as investors pull out their capital in response to the ongoing turmoil. After a bond auction today, Egypt failed to raise enough money. In response the Egyptian pound fell in value against the dollar and other currencies.


Source: BBC News

Copper Prices Soar!

Copper broke through to $10,000 a tonne last month, with Religare speculating that it will increase to $11,000 at the end of the year. Possibly due to increase demand from China and a drop in copper supply.



Source:
http://www.telegraph.co.uk/finance/markets/8307108/Copper-market-continues-to-soar.html

Upcoming Economic Events

Tuesday February 08 

INTERIMS 
Mcbride 

QUARTERLY EX-DIVIDEND DATE 
IBM Corp. 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Bankruptcies (JPN) 
Bank of France Business Sentiment (FRA) (07:30) 
Trade Balance (FRA) (07:45) 
Industrial Production (GER) (11:00) 
NFIB Small Business Optimism (US) (12:30) 

Q4 
BG Group, Wolfson Microelectronics 

GMS 
Melrose Resources 

FINALS 
Beazley, Low & Bonar, Patsystems, Wolfson Microelectronics, Xstrata 

IMSS 
Mcbride, Thomas Cook Group 

AGMS 
Renovo Group, Victrex 

UK ECONOMIC ANNOUNCEMENTS 
BRC Retail Sales Monitor (00:01) 
RICS House Price Balance (00:01) 


Producer Prices (09:30)


source:Sharecast