LONDON (ShareCast) - (Sharecast News) - The focus on Tuesday will be on the UK employment report for September, which economists at Barclays Research expect to be consistent with the cooling in labour market conditions as suggested by surveys since the summer.
In the background meanwhile, all eyes will be on the news-flow around the ongoing US-China trade talks.

Stateside, the lone economic indicator slated for release is the closely-followed small business optimism index from the National Federation of Independent Businesses referencing the month of October (consensus: 102.0).

And in the euro area, Germany's ZEW Institute is slated to publish its economic expectations index for the bloc's largest economy in November.

It may also pay to monitor the latest central bank 'chatter', with the regional Federal Reserve presidents Patrick Harker (Philadelphia) and Neel Kashkari (Minneapolis) due to deliver speeches 1800 GMT and 2300 GMT, respectively.

They will be preceded by the European Central bank's Benoit Coeure and Yves Mersch at 0800 GMT and 0830 GMT, respectively.

No speeches or public appearances are expected from any members of the Monetary Policy Committee as a result of the 'black out' period in place ahead of the next general elections.



Among the UK corporates which are set to update financial markets today is Experian.

Morgan Stanley analyst Anvesh Agrawal expects the international credit reporting company to report another half of "strong operational performance" for the first six months of its 2020 financial year.

But the focus from analysts will be on the company's outlook, progress on recent product introductions and any commentary on the timeline of expected benefits from changes to regulation in Brazil.

Agrawak is anticipating Experian to post a 7.0% increase in its organic growth for the second quarter following a 6.0% rise over the prior three-month stretch, in line with the company's guidance and implying growth of 6.5% for the half.

Net revenues for the half are seen coming in at $2,490.0m, which is roughly the mid-point of the consensus forecast range.

The most current guidance from Experian's management is for earnings before interest and taxes to grow at a rate at or above that for revenues and for another year of "modest" margin progression.

"Long-term structural growth prospects remain intact, we believe. However, trading at 27.6 [times the estimated price-to-earnings multiple for the next 12 months] on our estimates, arguably we need upgrades to see a meaningful rally again."

Tuesday November 12

INTERIMS

Adept Technology Group, Aveva Group, Electrocomponents, Gear4music (Holdings), Land Securities Group, Premier Foods

QUARTERLY PAYMENT DATE

Merchants Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ZEW Survey (EU) - Economic Sentiment (10:00)

ZEW Survey (GER) - Current Situation (10:00)

ZEW Survey (GER) - Economic Sentiment (10:00)

Q3

Arrow Global Group

AGMS

BHP Group, Craneware, Galliford Try, JPMorgan Global Growth & Income, Mid Wynd International Inv Trust, Pacific Horizon Inv Trust, Surface Transforms

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (09:30)

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