American inflation will hit the mat on Wednesday. A day later we can look forward to KBC’s results.
Will the US again publish disappointing inflation figures?
The US Department of Labor will release April inflation figures on Wednesday. Economists expect inflation to have fallen to 3.4 percent in April, compared to 3.5 percent in March. Core inflation, excluding food and energy, may have fallen to 3.6 percent, versus 3.8 percent in March. Investors are looking forward to the figures with more than usual attention, because inflation has always been higher than expected in the last three months. As a result, the US central bank signaled last week that it is postponing the planned interest rate cuts.
How much profit does KBC make?
KBC
will announce its first quarter results on Thursday morning. Analysts are aiming for a profit of 444 million euros or 1.06 euros per share, according to the consensus figures that KBC itself has collected on its website. “We expect strong insurance and commission income, partly due to the recovery of the stock markets,” says Berenberg analyst Hugh Moorhead. Moorhead recently raised the advice for KBC to ‘buy’, he thinks KBC’s forecasts are too conservative.
Syensqo will announce quarterly figures on Thursday and EVS will publish a trading update. Tuesday morning we also look forward to the figures from Agfa-Gevaert and the trading update from DEME.
What is said at the general meetings?
Can Cisco Systems avoid a third disappointment in a row?
We get information about the situation at Joe Sixpack with the figures from retailers Home Depot (Tuesday) and Walmart (Thursday).
