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Week Ahead, 11th April

Friday 11 April 2014


Friday April 11, 2014, Marketing Communication
Monday April 14, 2014
UK ReportingCarr's Milling Industries Pl, CRM, (R), Novae Group Plc, NVA, (SM)
S&P 500 Reporting: Citigroup Inc, Q1, 1.137,  M&T Bank Corp, Q1, 1.617
Euro Stoxx 600 Reporting: Kuehne + Nagel International AG, Q1, 1.275
Economic Data:
  • 10:00 February Industrial Production, -0.2% previous
  • 13:30 US March Retail Sales Advance, 0.8% exp. 0.3% previous
Economic Events:
  • EU Foreign Ministers meet in Luxembourg
Tuesday April 15, 2014
UK Reporting: Aggreko Plc, AGK, (R), Aggreko Plc, AGK, (R), Debenhams Plc, DEB, e, (CC), Debenhams Plc, DEB, (R), E2V Technologies Plc, E2V, (R), Gkn Plc, GKN, (R), Glaxosmithkline Plc, GSK, (Oth), Hochschild Mining Plc, HOC, (R), Hochschild Mining Plc, HOC, (R), Jd Sports Fashion Plc, JD, e, (CC), Jd Sports Fashion Plc, JD, (R), Michael Page International, MPI, (R), Michael Page International, MPI, (R), Rio Tinto Plc, RIO, (SM), Rio Tinto Plc, RIO, (R), Sabmiller Plc, SAB, (R)
S&P 500 Reporting: Charles Schwab Corp/The, Q1, 0.217,  Coca-Cola Co/The, Q1, 0.443,  Comerica Inc, Q1, 0.721,  CSX Corp, Q1, 0.373,  Intel Corp, Q1, 0.367,  Johnson & Johnson, Q1, 1.478,  Linear Technology Corp, Q3, 0.528,  Northern Trust Corp, Q1, 0.775,  Yahoo! Inc, Q1, 0.369
Euro Stoxx 600 Reporting: Publicis Groupe SA, Q1, 0,  Sika AG, Q1, 0,  SKF AB, Q1, 2.726
Economic Data:
  • 09:30 UK March CPI, 0.3% exp. 0.5% previous
  • 10:00 Eurozone April ZEW, 61.5 previous
  • 13:30 April Empire Manufacturing, 7.50 exp. 5.61 previous
Economic Events:
  • EU Defence Ministers meet in Luxembourg
Wednesday April 16, 2014
UK Reporting: Babcock Intl Group Plc, BAB, (SM), Bhp Billiton Plc, BLT, (R), Bunzl Plc, BNZL, (SM), Burberry Group Plc, BRBY, (R), Burberry Group Plc, BRBY, (R), Cls Holdings Plc, CLI, (SM), Dialight Plc, DIA, (SM), Dialight Plc, DIA, (R), Ep Global Opportunities Tr, EPG, (SM), Evraz Plc, EVR, (R), Fresnillo Plc, FRES, (R), Fresnillo Plc, FRES, (R), Hargreaves Lansdown Plc, HL, (R), Hunting Plc, HTG, (SM), Hunting Plc, HTG, (R), Nb Global Floating Rate Gbp, NBLS, (Oth), Persimmon Plc, PSN, (SM), Persimmon Plc, PSN, (R), Reckitt Benckiser Group Plc, RB, (R), Reckitt Benckiser Group Plc, RB, (R), Tesco Plc, TSCO, (R)
FTSE 100 Dividends: ARM Holdings PLC, ARM, (3.60),  BAE Systems PLC, BA/, (12.10),  Barratt Developments PLC, BDEV, (3.20),  Capita PLC, CPI, (17.80),  Melrose Industries PLC, MRO, (5),  Petrofac Ltd, PFC, ($0.438g),  Smith & Nephew PLC, SN/, ($0.17)
FTSE 100 Estimated Dividend Impact: 3.164 Points
FTSE 250 Dividends: Amlin PLC, AML, (18.20),  NB Global Floating Rate Income Fund Ltd, NBLS, (.86g),  NB Global Floating Rate Income Fund Ltd, NBLU, ($0.0086g),  Premier Oil PLC, PMO, (5),  RPS Group PLC, RPS, (3.84),  Savills PLC, SVS, (7),  Savills PLC, SVS, (8.50),  Unite Group PLC / The, UTG, (3.20)
FTSE Small Share: Chemring Group PLC, CHG, (3.80),  Communisis PLC, CMS, (1.20),  Laura Ashley Holdings PLC, ALY, (1),  Novae Group PLC, NVA, (16.50),  Novae Group PLC, NVA, (20),  Schroder Oriental Income Fund Ltd, SOI, (1.50g),  TwentyFour Income Fund Ltd, TFIF, (2.63g),  Tyman PLC, TYMN, (4.50)
S&P 500 Reporting: Abbott Laboratories, Q1, 0.357,  American Express Co, Q1, 1.297,  Bank of America Corp, Q1, 0.271,  Capital One Financial Corp, Q1, 1.699,  Google Inc, Q1, 6.362,  Huntington Bancshares Inc/OH, Q1, 0.17,  International Business Machines Corp, Q1, 2.543,  Kansas City Southern, Q1, 0.989,  Kinder Morgan Inc/DE, Q1, 0.305,  Noble Corp plc, Q1, 0.7,  People's United Financial Inc, Q1, 0.196,  PNC Financial Services Group Inc/The, Q1, 1.657,  SanDisk Corp, Q1, 1.268,  SLM Corp, Q1, 0.559,  St Jude Medical Inc, Q1, 0.95,  US Bancorp/MN, Q1, 0.732,  WW Grainger Inc, Q1, 2.961
Euro Stoxx 600 Reporting: ASML Holding NV, Q1, 0.579,  Credit Suisse Group AG, Q1, 0.767,  Getinge AB, Q1, 0.516,  Tesco PLC, R, 0.298,  Ziggo NV, Q1, 0
Economic Data:
  • 09:30 UK March Claimant Count Rate, 3.4% exp. 3.5% previous
  • 10:00 Eurozone, March CPI, m/m, 0.3% previous
  • 13:30 US March Housing Starts, 965k exp. 907k previous
  • 14:15 US March Industrial production, 0.5% exp. 0.65 previous
  • 14:15 US March Capacity Utilisation m/m, 0.5% exp. 0.6% previous
  • 19:00 US Federal Reserve Beige Book
Economic Events:
  • Fed's Yellen speaks in New York
Thursday April 17, 2014
UK Reporting: Carnival Plc, CCL, (SM), Diageo Plc, DGE, (R), Lavendon Group Plc, LVD, (SM), Lavendon Group Plc, LVD, (R), Schroder Real Estate Investm, SREI, (SM), Taylor Wimpey Plc, TW, (SM)
S&P 500 Reporting: Alliance Data Systems Corp, Q1, 2.709,  AutoNation Inc, Q1, 0.73,  Baker Hughes Inc, Q1, 0.79,  Baxter International Inc, Q1, 1.081,  BB&T Corp, Q1, 0.705,  BlackRock Inc, Q1, 4.106,  Chipotle Mexican Grill Inc, Q1, 2.863,  Danaher Corp, Q1, 0.799,  Dover Corp, Q1, 1.02,  EI du Pont de Nemours & Co, Q1, 1.591,  Fifth Third Bancorp, Q1, 0.415,  General Electric Co, Q1, 0.318,  Goldman Sachs Group Inc/The, Q1, 3.486,  Honeywell International Inc, Q1, 1.262,  KeyCorp, Q1, 0.24,  Mattel Inc, Q1, 0.071,  Morgan Stanley, Q1, 0.602,  PepsiCo Inc, Q1, 0.752,  Philip Morris International Inc, Q1, 1.161,  PPG Industries Inc, Q1, 1.95,  Rockwell Collins Inc, Q2, 1.066,  Schlumberger Ltd, Q1, 1.211,  Sherwin-Williams Co/The, Q1, 1.092,  Snap-on Inc, Q1, 1.543,  Union Pacific Corp, Q1, 2.368,  UnitedHealth Group Inc, Q1, 1.087
Euro Stoxx 600 Reporting: Actelion Ltd, Q1, 0.89,  Akzo Nobel NV, Q1, 0.564,  SAP AG, Q1, 0.595,  Sodexo, S1, 0
Economic Data:
  • 13:30 US Initial Jobless Claims, 300k previous
Economic Events:
  • None Detailed
Friday April 18, 2014
UK Reporting: None Scheduled
S&P 500 Reporting: None Scheduled
Euro Stoxx 600 Reporting: None Scheduled
Economic Data:
  • None Scheduled
Economic Events:
  • None Detailed
Market Holiday:
  • UK, US, Germany: Good Friday
Reminder:
  • Market Holiday on Monday April 21st - UK, Germany: Easter Monday
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

Week Ahead, April 4th

Friday 4 April 2014


Friday April 4, 2014, Marketing Communication
Monday April 7, 2014
UK ReportingRobert Walters Plc, RWA, (R)
S&P 500 Reporting: None Detailed
Euro Stoxx 600 Reporting: None Detailed
Economic Data:
  • 09:30 Eurozone April Sentix Investor Confidence, 13.6 exp. 13.9 previous
Economic Events:
  • ECB's Mersh Speaks in London
Tuesday April 8, 2014
UK Reporting: Ferrexpo Plc, FXPO, (R), Porvair Plc, PRV, (SM), Telecity Group Plc, TCY, (SM), Victrex Plc, VCT, (R), Xp Power Ltd, XPP, (SM)
S&P 500 Reporting: Alcoa Inc, Q1, 0.056
Euro Stoxx 600 Reporting: None Detailed
Economic Data:
  • 09:30 UK February Industrial Production, 0.3% exp. 0.1% previous
  • 09:30 UK February Manufacturing Production, 0.2% exp. 0.4% previous
Economic Events:
  • None Detailed
Wednesday April 9, 2014
UK Reporting: Admiral Group Plc, ADM, (SM), Dexion Trading Ltd, DTL, (SM), Evraz Plc, EVR, e, (CC), Evraz Plc, EVR, (R), Jpmorgan Claverhouse It, JCH, (SM), Law Debenture Corp Plc-Ord, LWDB, (SM), Perform Group Plc, PER, (SM), Volex Plc, VLX, (R), Atkins (Ws) Plc, ATK, (R)
FTSE 100 Dividends: GKN PLC, GKN, (5.30),  IMI PLC, IMI, (22.50),  St James's Place PLC, STJ, (9.58),  Standard Life PLC, SL/, (10.58)
FTSE 100 Estimated Dividend Impact: 1.769 Points
FTSE 250 Dividends: John Wood Group PLC, WG/, ($0.149),  BBA Aviation PLC, BBA, ($0.11),  Berendsen PLC, BRSN, (19.20),  Bodycote PLC, BOY, (10),  Bodycote PLC, BOY, (9.10),  Essentra PLC, ESNT, (10.60),  esure Group PLC, ESUR, (5.80),  esure Group PLC, ESUR, (7.50),  F&C Commercial Property Trust Ltd, FCPT, (.50g),  International Personal Finance PLC, IPF, (5.50),  James Fisher & Sons PLC, FSJ, (13.54),  JPMorgan American Investment Trust PLC, JAM, (8.50),  Jupiter Fund Management PLC, JUP, (9.10),  Rentokil Initial PLC, RTO, (1.61),  Rotork PLC, ROR, (30),  Taylor Wimpey PLC, TW/, (.47),  Ultra Electronics Holdings PLC, ULE, (29.50)
FTSE Small Share: 4imprint Group PLC, FOUR, (11.40),  Aberdeen UK Tracker Trust PLC, AUKT, (7.55),  Charles Taylor PLC, CTR, (6.75),  Chesnara PLC, CSN, (11.63),  Greggs PLC, GRG, (13.50),  Henderson High Income Trust PLC, HHI, (2.125),  Manchester & London Investment Trust PLC/Fund, MNL, (5.50),  Middlefield Canadian Income PCC, MCT, (1.25g),  Photo-Me International PLC, PHTM, (2),  Schroder Real Estate Investment Trust Ltd, SREI, (.62g),  St Ives PLC, SIV, (2.15),  Vitec Group PLC/The, VTC, (14.10)
S&P 500 Reporting: Bed Bath & Beyond Inc, Q4, 1.603,  Constellation Brands Inc, Q4, 0.758,  Progressive Corp/The, Q1, 0.393
Euro Stoxx 600 Reporting: Chr Hansen Holding A/S, Q2, 0.22,  Exor SpA, R, 8.17,  Wirecard AG, R, 0.737
Economic Data:
  • 15:00 US February Wholesale Inventories, 0.5% exp. 0.6% previous
Economic Events:
  • Fed Meeting Minutes
Thursday April 10, 2014
UK Reporting: 888 Holdings Plc, 888, (R), 888 Holdings Plc, 888, (R), Advance Developing Mark-Sub, ADMS, (SM), Ashmore Group Plc, ASHM, (R), Hays Plc, HAS, (R), Hays Plc, HAS, (R), Marks & Spencer Group Plc, MKS, (R), Marks & Spencer Group Plc, MKS, (R), Mothercare Plc, MTC, (R), Primary Health Properties, PHP, (SM), Primary Health Properties, PHP, (R), Smith & Nephew Plc, SN, (SM), Vedanta Resources Plc, VED, (R), Vedanta Resources Plc, VED, (R), Wh Smith Plc, SMWH, (R)
S&P 500 Reporting: Family Dollar Stores Inc, Q2, 0.916
Euro Stoxx 600 Reporting: Gerresheimer AG, Q1, 0.23,  Tryg A/S, Q1, 7.652,  Vienna Insurance Group AG Wiener Versicherung Gruppe, R, 2.118
Economic Data:
  • 00:01 UK March RICS House Price Balance, 43% exp. 45% previous
  • 12:00 Bank of England Rate Announcement, 0.5% exp. 0.5% previous
  • 13:30 US April Initial Jobless Claims, 326k previous
  • 19:00 US March Monthly Budget Statement, -$72.0bn exp.
Economic Events:
  • None Detailed
Friday April 11, 2014
UK Reporting: Jupiter Fund Management, JUP, (R), Phoenix Group Holdings, PHNX, (Pr), Xp Power Ltd, XPP, (R)
S&P 500 Reporting: Fastenal Co, Q1, 0.376,  JPMorgan Chase & Co, Q1, 1.417,  Wells Fargo & Co, Q1, 0.962
Euro Stoxx 600 Reporting: EMS-Chemie Holding AG, Q1, 0,  Zardoya Otis SA, Q1, 0
Economic Data:
  • 13:30 US March PPI 0.1% exp. -0.1% previous
  • 14:55 US April University of Michigan Confidence, 81.0 exp. 80. previous
Economic Events:
  • None Detailed
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

Week Ahead - 28th March

Friday 28 March 2014


Friday March 28, 2014, Marketing Communication
Monday March 31, 2014
UK ReportingCaracal Energy Inc - Di, CRCL, (Pr), Coca-Cola Hbc Ag-Cdi, CCH, (SM), Polymetal International Plc, POLY, e, (CC), Polymetal International Plc, POLY, (R), Standard Life Plc, SL, (Pr)
S&P 500 Reporting: None Scheduled
Euro Stoxx 600 Reporting: OPAP SA, R, 0.484,  Polymetal International PLC, R, 0.513
Economic Data:
  • 10:00 Eurozone March CPI Estimate, 0.6% exp.
Economic Events:
  • Fed's Yellen speaks in Chicago
Tuesday April 1, 2014
UK Reporting: Aberdeen Asset Mgmt Plc, ADN, (R), Al Noor Hospitals Group, ANH, (SM), Coca-Cola Hbc Ag-Cdi, CCH, (SM), Huntsworth Plc, HNT, (R), Icap Plc, IAP, (R), Tullow Oil Plc, TLW, (Pr)
S&P 500 Reporting: None Scheduled
Euro Stoxx 600 Reporting: None Scheduled
Economic Data:
  • 09:00 Eurozone March Manufacturing PMI, 53.0 exp. 53.0 previous
  • 09:30 UK March manufacturing PMI, 56.5 exp. 56.9 previous
  • 15:00 US March Manufacturing ISM, 54.0 exp. 53.2 previous
Economic Events:
  • Crimea adopts Russian Ruble as Currency
  • EU Finance Ministers Meet in Athens
Wednesday April 2, 2014
UK Reporting: Coca-Cola Hbc Ag-Cdi, CCH, (SM), Domino'S Pizza Group Plc, DOM, (SM), Domino'S Pizza Group Plc, DOM, (R), Dunelm Group Plc, DNLM, (R), Jupiter Second Split Tr-G Gr, JSS, (SM), Rcm Technology Trust Plc, RTT, (SM)
FTSE 100 Dividends: Aviva PLC, AV/, (9.40),  Next PLC, NXT, (50),  Pearson PLC, PSON, (32),  Resolution Ltd, RSL, (14.09g),  Tullow Oil PLC, TLW, (8),  Wolseley PLC, WOS, (27.50g)
FTSE 100 Estimated Dividend Impact: 3.77 Points
FTSE 250 Dividends: 888 Holdings PLC, 888, ($0.04g),  888 Holdings PLC, 888, ($0.07g),  DS Smith PLC, SMDS, (3.20),  F&C Asset Management PLC, FCAM, (2),  Interserve PLC, IRV, (14.70),  Jardine Lloyd Thompson Group PLC, JLT, (17.10),  John Laing Infrastructure Fund Ltd, JLIF, (3.25g),  Mercantile Investment Trust PLC, MRC, (16),  Murray International Trust PLC, MYI, (14.50),  Murray International Trust PLC, MYIB, (2014/04/04),  Phoenix Group Holdings, PHNX, (26.70g),  RIT Capital Partners PLC/Fund, RCP, (14.70)
FTSE Small Share: AcenciA Debt Strategies Ltd, ACD, (1.92g), Finsbury Growth & Income Trust PLC, FGT, (5.10),  Henderson EuroTrust PLC, HNE, (5),  HgCapital Trust PLC/Fund, HGT, (29),  Lowland Investment Company PLC, LWI, (9),  Martin Currie Portfolio Investment Trust PLC, MNP, (1.30),  Schroder Income Growth Fund PLC, SCF, (2),  Shires Income PLC, SHRS, (3),  Troy Income & Growth Trust PLC, TIGT, (.55)
S&P 500 Reporting: Monsanto Co, Q2, 3.069
Euro Stoxx 600 Reporting: None Scheduled
Economic Data:
  • 15:00 US February Factory Orders, 0.8% exp. -0.7% previous
Economic Events:
  • IMF's Lagarde Speaks in Washington
Thursday April 3, 2014
UK Reporting: Amec Plc, AMEC, (SM), Booker Group Plc, BOK, (R), Electrocomponents Plc, ECM, (R), Hyder Consulting Plc, HYC, (R), Inchcape Plc, INCH, (Pr), Intl Consolidated Airline-Di, IAG, (R), Intertek Group Plc, ITRK, (Pr), Scottish American Inv Comp, SCAM, (SM), Tate & Lyle Plc, TATE, (R), Tate & Lyle Plc, TATE, (R)
S&P 500 Reporting: Micron Technology Inc, Q2, 0.608
Euro Stoxx 600 Reporting: Barry Callebaut AG, S1, 21.8
Economic Data:
  • 09:00 Eurozone March Composite PMI, 53.2 exp. 53.2 previous
  • 12:45 ECB Rate Announcement, 0.25% exp. 0.25% previous
  • 13:30 US February Trade Balance, -$38.5bn exp. -$39.1bn previous
  • 15:00 US March Non-Manufacturing ISM, 53.5 exp. 51.6 previous
Economic Events:
  • 13:30 ECB Press Conference
Friday April 4, 2014
UK Reporting: Easyjet Plc, EZJ, (R), Pennon Group Plc, PNN, (Oth), Severn Trent Plc, SVT, (Oth), Sports Direct International, SPD, (SM), United Utilities Group Plc, UU, (Oth)
S&P 500 Reporting: CarMax Inc, Q4, 0.532
Euro Stoxx 600 Reporting: None Scheduled
Economic Data:
  • 13:30 US March Change in Non Farm Payrolls, 190k exp. 175k previous
  • 13:30 US March Unemployment Rate, 6.6% exp. 6.7% previous
Economic Events:
  • EU Foreign Ministers Meet in Athens
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

Week Ahead, 21st March

Friday 21 March 2014


Friday March 21, 2014, Marketing Communication
Monday March 24, 2014
UK ReportingCentamin Plc, CEY, e, (CC), Centamin Plc, CEY, (R), Hiscox Ltd, HSX, (Pr), Kentz Corp Ltd, KENZ, e, (CC), Kentz Corp Ltd, KENZ, (R), Temple Bar Investment Trust, TMPL, (SM)
S&P 500 Reporting: None Scheduled
Euro Stoxx 600 Reporting: Linde AG, R, 7.814
Economic Data:
  • 09:00 Eurozone Markit Eurozone Composite PMI. 53.3 exp. 53.3 previous
  • 13:45 US Markit US Manufacturing PMI, 56.5 exp. 57.1 previous
Economic Events:
  • None Scheduled
Tuesday March 25, 2014
UK Reporting: 888 Holdings Plc, 888, e, (CC), 888 Holdings Plc, 888, (R), Barr (A.G.) Plc, BAG, (R), Carnival Plc, CCL, e, (CC), Carnival Plc, CCL, (R), F&C Asset Management Plc, FCAM, (SM), Innovation Group Plc, TIG, (SM), Kingfisher Plc, KGF, (R), Kingfisher Plc, KGF, e, (CC), Low & Bonar Plc, LWB, (SM), S & U Plc, SUS, (R), Wolseley Plc, WOS, e, (CC), Wolseley Plc, WOS, (R)
S&P 500 Reporting: Carnival Corp, Q1, -0.08,  McCormick & Co Inc/MD, Q1, 0.579,  PVH Corp, Q4, 1.422,  Walgreen Co, Q2, 0.93
Euro Stoxx 600 Reporting: Baloise Holding AG, R, 9.765,  Banca Popolare di Sondrio SCARL, R, 0,  Carnival PLC, Q1, -0.08,  Kingfisher PLC, R, 0.233,  Mediaset SpA, R, 0.029,  Neopost SA, R, 4.798,  Polyus Gold International Ltd, R, 0.126,  Terna Rete Elettrica Nazionale SpA, R, 0.249,  Wolseley PLC, S1, 0.856
Economic Data:
  • 09:30 UK February CPI, 0.5% exp. -0.6% previous
  • 14:00 US March Consumer Confidence Index, 78.6 exp. 78.1 previous
  • 14:00 US February New Home Sales, 445k exp. 468k previous
Economic Events:
  • Draghi gives lecture in Paris
Wednesday March 26, 2014
UK Reporting: Beazley Plc, BEZ, (SM), Bellway Plc, BWY, (R), Bilfinger Berger Global Infr, BBGI, e, (CC), Blackrock Throgmorton Trust, THRG, (SM), Chime Communications Plc, CHW, (SM), Chime Communications Plc, CHW, e, (CC), Chime Communications Plc, CHW, (R), Enquest Plc, ENQ, (R), Euromoney Instl Investor Plc, ERM, (R), Johnston Press Plc, JPR, e, (R), Lamprell Plc, LAM, (R), Marshalls Plc, MSLH, e, (CC), Marshalls Plc, MSLH, (R), Phoenix Group Holdings, PHNX, e, (CC), Phoenix Group Holdings, PHNX, (R), Topps Tiles Plc, TPT, (R), Tui Travel Plc, TT, (R), Vectura Group Plc, VEC, (SM)
FTSE 100 Dividends: British Sky Broadcasting Group PLC, BSY$, ($0.78312),  British Sky Broadcasting Group PLC, BSY, (12),  Prudential PLC, PRU, (23.84),  Schroders PLC, SDR, (42),  Schroders PLC, SDRC, (42),  Smiths Group PLC, SMIN, (12.75)
FTSE 100 Estimated Dividend Impact: 3.2 Points
FTSE 250 Dividends: Bovis Homes Group PLC, BVS, (9.50),  Countrywide PLC, CWD, (6),  Devro PLC, DVO, (6.10),  Foreign & Colonial Investment Trust PLC, FRCL, (2.70),  Ladbrokes PLC, LAD, (4.60),  Segro PLC, SGRO, (9.90g)
FTSE Small Share: BlackRock Commodities Income Investment Trust PLC, BRCI, (1.4875),  BlackRock Latin American Investment Trust PLC, BRLA, ($0.15),  Diverse Income Trust PLC/ The, DIVI, (.50),  LSL Property Services PLC, LSL, (7.20),  Photo-Me International PLC, PHTM, (1.80)
S&P 500 Reporting: Paychex Inc, Q3, 0.421
Euro Stoxx 600 Reporting: Bellway PLC, S1, 0.613
Economic Data:
  • 12:30 US February Durable Goods Orders, 1.0% exp. -1.0% previous
Economic Events:
  • Fed's Bullard speaks in Hong Kong
Thursday March 27, 2014
UK Reporting: Afren Plc, AFR, (R), Boot (Henry) Plc, BHY, (R), Compass Group Plc, CPG, (R), Compass Group Plc, CPG, (R), Hilton Food Group  Plc, HFG, (R), International Public Partner, INPP, e, (CC), Jkx Oil & Gas Plc, JKX, (R), Stock Spirits Group Plc, STCK, e, (CC), Stock Spirits Group Plc, STCK, (R), Talvivaara Mining Co Plc-Di, TALV, (R), Thomas Cook Group Plc, TCG, (R)
S&P 500 Reporting: Accenture PLC, Q2, 1.036,  GameStop Corp, Q4, 1.929,  Red Hat Inc, Q4, 0.374
Euro Stoxx 600 Reporting: Afren PLC, R, 0.208,  Hennes & Mauritz AB, Q1, 1.744,  Intesa Sanpaolo SpA, R, 0.055,  Pirelli & C. SpA, R, 0.767,  United Internet AG, R, 1.025,  Wendel SA, R, 6.036
Economic Data:
  • 09:00 Eurozone February M3, 1.3% exp. 1.2% previous
  • 09:30 UK February Retail Sales ex Autos, 0.2% exp. -1.5% previous
  • 12:30 US Q4 GDP Annualised, 2.7% exp. 2.4% previous
Economic Events:
  • Obama visits Italy
  • Bank of England March FPC Meeting Statement
Friday March 28, 2014
UK Reporting: Blackrock Commodities Income, BRCI, (SM), Capital & Regional Plc, CAL, (SM), Chesnara Plc, CSN, e, (CC), Chesnara Plc, CSN, (SM), Chesnara Plc, CSN, (R), Ashley (Laura) Holdings Plc, ALY, e, (R), Petropavlovsk Plc, POG, e, (R), Renewables Infrastructure Gr, TRIG, (SM), St. Modwen Properties Plc, SMP, (SM), Svg Capital Plc, SVI, (SM), Trinity Mirror Plc, TNI, (SM)
S&P 500 Reporting: None Scheduled
Euro Stoxx 600 Reporting: Deutsche Wohnen AG, R, 0.794
Economic Data:
  • 00:05 UK March GfK Consumer Confidence, -6 exp. -7 previous
  • 09:30 UK Q4 GDP, 0.7% exp. 0.7% previous
  • 10:00 Eurozone March Consumer Confidence
  • 12:30 US February Personal Income, 0.3% exp. 0.3% previous
  • 13:55 US March Uni. of Michigan Confidence
Economic Events:
  • Fed's Evans speaks in Hong Kong
Reminder:
  • UK Clocks go forward one hour Sunday 30th March to British Summer Time (BST)
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

 

Risk WarningFull Risk Warning

Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. Cantor Index provides an execution only service and does not offer investment advice. You should ensure you fully understand the risks and seek independent financial advice if necessary. These products are not intended for people under the age of 18 or for US residents.