Tuesday preview: UK employment, Davos, Trump in focus
By Alexander Bueso
Date: Tuesday 21 Jan 2025
(Sharecast News) - Investors' focus on Tuesday would be on the latest UK employment figures.
At 0700 BST, the Office for National Statistics was scheduled to publish the November employment report.
The report was expected to reveal an acceleration in the year-on-year rate of growth in average earnings, including bonuses, from 5.2% to 5.6%.
"There appears little sign that [wage growth] is set to slow down markedly in the months ahead with this week's numbers not expected much in the way of comfort to those who might be hoping for multiple rate cuts from the Bank of England in the coming months," said City analyst Michael Hewson.
No major economic reports were scheduled in the US.
In the euro area, at 1000 BST the ZEW Institute would release its closely followed gauge for economic confidence in Germany covering the month of January.
In the background, investors in the States would be reacting to a raft of executive orders signed by the new US president.
They would also be keeping tabs on what the multitude of captains of industry assembled in Davos, Switzerland, had to say.
Tuesday 21 January
INTERIMS
Ilika
TRADING ANNOUNCEMENTS
Premier Foods, Marshalls, W.A.G Payment Solutions, Kier Group
AGMs
Honye Financial Services Limited (DI)
UK ECONOMIC ANNOUNCEMENTS
Claimant Count Rate (07:00)
Unemployment Rate (07:00)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
ZEW Survey (GER) - Current Situation (10:00)
ZEW Survey (GER) - Economic Sentiment (10:00)
ZEW Survey (EU) - Economic Sentiment (10:00)
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