Wednesday preview: US New home sales, Nvidia in focus
By Alexander Bueso
Date: Tuesday 25 Feb 2025
(Sharecast News) - Investors' focus will continue to be trained on the US in the middle of the week.
At 1500 BST, the US Department of Commerce is scheduled to release new home sales figures for the month of January.
They will be followed at 1700 BST by a speech from Federal Reserve Bank of Atlanta chief Raphael Bostic.
One hour later, the US Treasury will hold an auction of seven-year debt.
Earlier, at 0700 BST consultancy GfK will release the results of a consumer confidence survey covering the month of March.
Overnight, the British Retail Consortium will publish its Shop Price Index for February.
On the corporate side of things, semiconductor manufacturer Nvidia is due to post its latest quarterly results after the close of markets in New York.
The FactSet consensus is calling for a 72% surge in quarterly revenues versus a year ago to reach $38.08bn.
Shares in the company had been range-bound over the preceding seven months or so, amid concern around their valuation and, more recently, the ongoing trade tensions between China and the US.
Worth noting, perhaps, Chinese tech stocks and European equities more generally had picked up of late.
Wednesday 26 February
INTERIMS
Avingtrans, Avingtrans
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (15:30)
GFK Consumer Confidence (GER) (07:00)
MBA Mortgage Applications (US) (12:00)
New Homes Sales (US) (15:00)
Q4
Hellenic Telecommunications Organization S.A. ADS(REPR 1/2 OF 1 SHS GRD750)
FINALS
AB Ignitis Grupe GDR (Reg S), Aston Martin Lagonda Global Holdings, Convatec Group , Hammerson, Hellenic Telecommunications Organization S.A. ADS(REPR 1/2 OF 1 SHS GRD750), Hikma Pharmaceuticals, Morgan Sindall Group, Rathbones Group, Riverstone Credit Opportunities Income, Sydbank A/S Sydbank Ord Shs
ANNUAL REPORT
AB Ignitis Grupe GDR (Reg S), Sydbank A/S Sydbank Ord Shs
AGMS
Abrdn DIversified Income And Growth, Chemring Group, Diales, Image Scan Holdings
UK ECONOMIC ANNOUNCEMENTS
BRC Shop Price Index (00:01)
FINAL DIVIDEND PAYMENT DATE
Dewhurst Group, Dewhurst Group 'A'NON.VTG
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