Tuesday preview: UK jobs, Apple in focus

All eyes will be on the latest UK jobs report on Tuesday.

At 07:00 BST, Office of National Statistics The unemployment rate is expected to have risen by a tenth of a percentage point in the three months ended July to 4.3%.

The pace of wage growth, meanwhile, remains steady at a record 7.8% in the three months to July.

Michael Hewson, the company’s chief market analyst, comments on the situation ahead of this release CMC Markets UKsaid: “With CPI starting to slow, the Bank of England has to contend with an outlook that sees wage growth likely to remain flat for several months, at the same time as inflation starts to slow.

“They should also be mindful of the fact that the 14 rate hikes that have already been implemented have yet to be fully felt and it may be several months before their effects are fully realized.”

Meanwhile, on the other side of the English Channel, financial markets will be waiting closely for the German economic index for September to be closely watched by the ZEW institute.

Data on consumer prices in Spain for August will also be released.

As for the company, investor attention is likely to be focused on Apple’s “Wonderlust” event ahead of what is typically the US tech giant’s strongest quarter each year.

Rumors point to a possible launch of the new iPhone 15 and Apple Watch Series 9, Hewson added.

A new standard iPad with upgraded chipsets is also likely, along with a new USB-C charging port.

Upgrading the VisionPro headset is another possibility.

Tuesday, September 12

DIRECT

Cornerstone FS, Creo Medical Group, Dowlais Group, Elecosoft Public Limited Company, Equals Group, Harworth Group, Hvivo, IQE, Itakonix, JTC, Ocean Harvest Technology Group, Property Franchise Group, Smart Metering Systems, The Gym Group

DATE OF PAYMENT OF INTERIM DIVIDEND

Foxtons Group, Lloyds Banking Group, LMS Capital

INTERNATIONAL ECONOMIC ANNOUNCEMENT

ZEW Survey (EU) – Economic Sentiment (10:00)

GMS

OMV Petrom SA GDR (REG S)

THE FINAL

Feedback, Mattioli Woods, Petra Diamonds Ltd. (DI)

GAMS

Northern Bear, RC365 Holding, Rockwood Strategic, Warehouse Reit

TRADE ANNOUNCEMENTS

Associated British Foods

UK ECONOMIC ANNOUNCEMENTS

Applicant counting rate (07:00)

Unemployment rate (07:00)

FINAL DATE OF DIVIDEND PAYMENT

Ashtead Group, Lindsell Train Inv Trust

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