Day Ahead

Thursday, July 4, 2013, Marketing Communication Opening Call The FTSE is called to open flat to just a touch higher today UK Corporate Announcements Taylor Wimpey states that it remains confident of delivering on its expectations as H1 trading was at the upper end of its expectations EasyJet details June 12 month load factor gained to 89.2% from 88.7%, with passengers up to 5.537m from 5.434m Dunelm announces full year total revenues came in line at £677m, and details a pre-tax profit of £108m expected, and stays confident on its prospects NCC announces full year revenues of £99.2m and a pre-tax profit of £23.9m Johnson Service states that it is set to deliver strong results for H1, and confirms the full year targets Galliford Try states that it sees full year in line with the consensus UK News Trading today is traditionally light while the US markets are closed for Independence Day, however the Bank of England and ECB rate announcements in the thin volume environment could create some movement midday Virgin Atlantic reportedly is to drop plans to produce its own plan seats after a patent defeat UK energy companies have been asked by authorities to more closely monitor high usage homes as the police increases its fight on cannabis farms Bloomberg suggests that RBS has seen interest from a number of rivals on its equity derivatives unit UK Analyst Changes Asos Raised To Buy Vs Underperform At Jefferies C&C Removed From Conviction Buy List At Goldman; Still A Buy Lloyds Banking Group Raised To Neutral Vs Reduce At Nomura Schroders Resumed At Overweight At Jpmorgan; Pt 2,281P Shire Removed From Ubs’S Most Preferred List UK Insider Buying Ashmore Group Plc, (ASHM), 1 insider(s) bought 40000 shares, £3.26 Brown (N) Group Plc, (BWNG), 1 insider(s) bought 827 shares, £4.78 Internetq Plc, (INTQ), 1 insider(s) bought 4000 shares, £3.06 UK Insider Selling Advanced Medical Soluti, (AMS),  insider(s) sold 538893 shares, £0.74 E-Therapeutics Plc, (ETX), 1 insider(s) sold 17857 shares, £0.34 Euromoney Instl Investo, (ERM),  insider(s) sold 38760 shares, £10.08 Rpc Group Plc, (RPC),  insider(s) sold 78126 shares, £4.05 FTSE 100 Movers Major European Companies Reporting None Detailed European Market Summary Telecom Italia’s board meets on the proposed deal to merge its mobile assets with Hutchison Whampoa Aer Lingus suggests that passenger from the north of England and Scotland are increasingly using Dublin to fly to America, to avoid Heathrow The European Parliament voted against extending the EU cap on bonuses to retail fund managers pay Global Market Footprint Major US Stock Movers After Hours There were no major movers after yesterday’s half session S&P 500 Companies Reporting None Detailed US Market News US markets are closed today Overnight Market News Data from China has investors have pushed money into wealth management products that are offering as much a double the basic deposit rates Nestle and Danone announce they are cutting prices of creating key products after China states it is investigating possible anti-monopoly violations Top FX The euro has moved down towards a one month low ahead of the interest rate decisions due today Credit Suisse writes that it expects the Aussie dollar to continue to be the worst performing major currency and could see it slide to 75c Top Commodity WTI Crude prices have moved back above $100 on the ongoing tensions in Egypt, for the first time in 2013 Economic Data Due 12:00 UK MPC Rate Announcement, 0.5% exp. 0.5% previous 12:45 ECB Rate Announcement, 0.5% exp. 0.5% previous Economic Events 13:30 Eurozone ECB Press Conference UK Rate CFD Sales/Traders 0044 (0) 207 894 8883 cfdsales@cantor.com Equity Spread Bet Sales 0044 (0) 207 894 8800 sales@cantorcapital.com Footnotes FTSE 100 Call as at 6:45am Analyst Changes, as at 6:30am Times given are UK Local Time, (GMT or GMT +1 during BST) Insider Deals data compiled from Director/PDMR Shareholding forms published in the past 24 hours (ex weekends). 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