No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Wednesday sees the release of full-year results from Eurowag, along with UK inflation figures for February.
Kathleen Brooks, research director at XTB, said that while it may be tempting to think that the UK CPI report will be ignored this week, it is likely to be used as a baseline.
"If inflation is stronger than the 3% forecast for February headline CPI then it could lead to another wave of panic in the UK bond market that the fallout from the energy price shock will be even worse than expected," she said. "However, a weaker reading could have the opposite effect."
Michael Hewson at MCH Market Insights, said the inflation numbers are expected to show that headline inflation remains well above the Bank of England's 2% target rate, with the current levels of price inflation likely to remain elevated for quite some time to come.
"The Bank of England's most recent inflation report showed that they expected headline inflation to slow sharply to 2% by April, which seemed optimistic at the time, even without recent events," he said. "This seems even more optimistic now given the sharp rises seen in prices at the pumps, and is likely to make businesses more reluctant to cut prices as we head into the summer."
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.