Wednesday preview: US CPI, Bank of Canada in the spotlight

(Sharecast News) - All eyes in the middle of the week will be on the latest consumer price data due out in the States. At 1330 BST, the Department of Labor is expected to announce that the annual rate of increase in the US Consumer Price Index picked up by a tenth of a percentage point in November to reach 2.7%.

Core CPI however was expected to be steady at 3.3% year-on-year.

Shortly afterwards, rate-setters in Ottawa were expected to announce that they had slashed short-term official interest rates by 50 basis points to 3.25%.

At noon, OPEC was scheduled to release its monthly oil market report.

Wednesday 11 December

INTERIMS

Cohort, Optima Health

INTERIM DIVIDEND PAYMENT DATE

Card Factory, Cavendish Financial

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Budget Statement (US) (19:00)

Consumer Price Index (US) (13:30)

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

FINALS

TUI AG Reg Shs (DI)

ANNUAL REPORT

TUI AG Reg Shs (DI)

EGMS

Societatea Energetica Electrica SA GDR (Reg S)

AGMS

Baillie Gifford Japan Trust, Gattaca, Guardian Metal Resources, Microsaic Systems, PCI-PAL, Tavistock Investments, Time Out Group, Volution Group