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This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Week In Advance: 20 – 24 Jul

Monday 20 Jul

Quarterly/Half-Year Results
Halliburton (HAL), IBM (IBM), Morgan Stanley (MS)

Trading Statements     
British Land (BLND)

UK Economic Announcements
00:01    Rightmove House Prices

Intl Economic Announcements
07:00    PPI (DE)
09:00    Current Account (EU)

Tuesday 21 Jul

Full Year Results
PZ Cussons (PZC), IG Group (IGG)

Quarterly/Half-Year Results
Apple (AAPL), Croda (CRDA), Microsoft (MSFT), Verizon Comm (VZ), Yahoo (YHOO)

Trading Statements
AO World (AO), 
Cable & Wireless Comm. (CWC), Petropavlovsk (POG), Royal Mail (RMG)

UK Economic Announcement
09:30    Public Sector Finances

Wednesday 22 Jul

Quarterly/Half-Year Results
American Express (AXP), ARM Holdings (ARM), Boeing (BA), Coca Cola (KO),  Johnson Matthey (JMAT), Land Securities (LAND), Marstons (MARS), PayPoint (PAY), Texas Instruments (TXN), Whirpool (WHR)

Trading Statements
BHP Billiton (BLT), DFS Furniture (DFS), easyJet (EZJ), Fenner (FENR), Fresnillo (FRES), Sage Group (SGE)

UK Economic Announcements
09:30    BoE Minutes
10:00    Inflation report
11:00    CBI Sales

Intl Economic Announcements
14:00    House Prices (US)
14:45    Services PMI (US)
15:00    Consumer Confidence (EU)
15:00    Existing Home Sales (US)

Thursday 23 Jul

Quarterly/Half-Year Results
Amazon (AMZN), AT&T (T), Britvic (BVIC), Caterpillar (CAT),  General Motors (GM), Howden Joinery (HWDN), McDonalds (MCD), RELX (REL), Shire (SHP), Starbucks (SBUX), Unilever (ULVR), Visa (V)

Trading Statements
Aberdeen Asset Mgt (ADN), Electrocomponents (ECM), Kingfisher (KGF), Mothercare (MTC), Premier Foods (PFD), SAB Miller (SAB), SSE (SSE)

Ex-Dividends
Bond International Software (BDI) (2.5p), Bankers’ Investment Trust (BNKR) (3.9p), Development Securities (DSC) (3.5p), GB Group (GBG) (1.85p), Heavitree Brewery (HVT) (3.68p), Intermediate Capital Group (ICP) (81.6p), Immunodiagnostic Systems Holdings (IDH) (3p), Mountview Estates (MTVW) (175p), Scapa Group (SCPA) (1.5p), Shoe Zone (SHOE) (3.2p), SSE (SSE) (61.8p), Telecom plus (TEP) (21p)

UK Economic Announcements
09:30    Mortgage Approvals & Retail Sales

Intl Economic Announcements
10:00    Consumer Confidence (EU)
13:30    Initial Jobless Claims (US)
15:00    CB Leading Index (US)

Friday 24 Jul

Quarterly/Half-Year Results
Air France KLM (AF), American Airlines (AAL), AbbVie (ABBV), Anglo American (AAL), BASF (BAS), Beazley (BEZ), Biogen (BGEN), Danone (BN), Hammerson (HMSO),  Pearson (PSON), Puma (PUM), State Street (STT), Vodafone (VOD)

Trading Statements
AG Barr (BAG), 
Close Bros (CBG), Lonmin (LMI) 

Intl Economic Announcements
08:00    PMI Services & Manufacturing (FR)
08:30    PMI Services & Manufacturing (DE)
08:00    PMI Services & Manufacturing (EU)
14:45    Manufacturing PMI (US)
15:00    New Home Sales (US)

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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