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Friday, December 11, 1998 Published at 11:12 GMT


Business: Business Diary


December 28 - January 3

Company results in italic
Interim (half-year) results = (I)
Final (full year results) = (F)

Dec 28

  • US Existing Home Sales (Nov)

Dec 29

  • US Consumer Confidence (Dec)

Dec 30

  • UK Bank Mortgage Lending (Nov)
  • UK House Prices (Dec)
  • Nationwide BS
  • Carlton (F)

Dec 31

  • EU Exchange rates set for currencies participating in the euro

Jan 1
New Year's Day

  • EU Euro day (first day of European Single Currency)
  • EU Germany assumes Presidency of EU (from Austria)
  • EU ECOFIN Brussels

All Government and Bank of England figures are released at 0930.


German and Japanese figures expected this week:

  • JAP Markets closed Dec 31 (Bank Holiday)
  • JAP Tankan Report (Dec) E 1 Jan
  • JAP Unemployment (Nov)


    The European Central Bank assumes the responsibility of monetary policy for the participating nations of the single currency on 1 January - 'e day'.

    Exchange rates against the euro for the currencies of the 11 participants (Germany, France, Italy, Spain, Portugal, Ireland, Finland, Belgium, Luxembourg, Austria and Holland) will be set on Thursday 31 December.
    However, euro transactions will be limited initially to bank accounts and electronic transfers: euro notes and coins do not come into circulation for three years (1 January 2002).





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