Week ahead: BoE and US Federal Reserve in focus
The market spotlight will shift back towards two of the world's main central banks over the coming week - global trade wars permitting.
With just over a fortnight to go until the next meeting of the Bank of England's Monetary Policy Committee, investors will be eager to see to what extent the most recent readings on the key indicators for the economy are evolving as expected by economists.
The likelihood of another 25 basis point hike in Bank Rate, on 2 August, may well hinge on it.
Data on the labour market (Tuesday), consumer prices (Wednesday), retail sales (Thursday) and public sector borrowing (Friday) are all due out over the week.
Traders will also be keeping close tabs on testimony before the Treasury Select Committee, on the June Financial Stability Report, by Governor Carney and three other top officials.
The outlook for monetary policy in the States will also figure prominently next week, with traders likely to be closely watching US Federal Reserve President Jerome Powell as he delivers his semi-annual report on the economy to the Senate Banking committee, on Tuesday.
A barrage of key activity indicators is also due out over the week in the US, including readings on retail sales (Monday), industrial production in June (Tuesday) and the Philly Fed's manufacturing sector gauge for July (Thursday).
Also with the potential to move markets, readings on consumer prices in the euro area and Japan are set to be published on Wednesday and Friday.
Monday July 16
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
Business Inventories (US) (15:00)
Retail Sales (US) (13:30)
FINALS
W H Ireland Group
AGMS
DP Aircraft I Limited Pref , JPMorgan European Investment Trust Inc Shs
Tuesday July 17
INTERIMS
Amino Technologies, Arbuthnot Banking Group, Etalon Group GDR (Reg S), Hydrogen Group, Synectics
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Capacity Utilisation (US) (14:15)
Industrial Production (US) (14:15)
FINALS
Gateley (Holdings) , Ideagen, NCC Group
DRILLING REPORT
BHP Billiton, Rio Tinto
AGMS
British Land Company, Brown (N.) Group, Dairy Crest Group, FirstGroup, GoldStone Resources Ltd, HICL Infrastructure Company Ltd, Perpetual Income & Growth Inv Trust
TRADING ANNOUNCEMENTS
City of London Investment Group, Galliford Try, Galliford Try, Hydrogen Group, Petropavlovsk, Royal Mail, Scapa Group, SSP Group , TalkTalk Telecom Group
UK ECONOMIC ANNOUNCEMENTS
Claimant Count Rate (09:30)
FINAL DIVIDEND PAYMENT DATE
Pets at Home Group
Wednesday July 18
QUARTERLY PAYMENT DATE
Assura
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Building Permits (US) (13:30)
Consumer Price Index (EU) (10:00)
Crude Oil Inventories (US) (15:30)
Housing Starts (US) (13:30)
MBA Mortgage Applications (US) (12:00)
Q3
easyJet
EGMS
Stobart Group Ltd.
AGMS
Ashmore Global Opportunities Limited GBP , B.P. Marsh & Partners, Biffa, Bloomsbury Publishing, BTG, BTG, Experian, Montanaro UK Smaller Companies Inv Trust, Polarean Imaging, Premier Foods, Renold, Renold, RPC Group, Severn Trent, Summit Germany Limited, TalkTalk Telecom Group
TRADING ANNOUNCEMENTS
Alliance Pharma, Carr's Group, Close Brothers Group, Connect Group, GVC Holdings, Hochschild Mining, NewRiver REIT, Premier Foods, RPC Group, Severn Trent
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (09:30)
Producer Price Index (09:30)
Retail Price Index (09:30)
FINAL DIVIDEND PAYMENT DATE
JPMorgan Euro Small Co. Trust
Thursday July 19
INTERIMS
Breedon Group , Moneysupermarket.com Group, Nichols, Unilever
INTERIM EX-DIVIDEND DATE
Bank of Georgia Group, Globalworth Real Estate Investments Limited, Heavitree Brewery, Heavitree Brewery 'A' Shares, Polar Capital Global Financials Trust, Shoe Zone, Unicorn AIM VCT
QUARTERLY EX-DIVIDEND DATE
Ediston Property Investment Company, Greencoat Renewables, TwentyFour Select Monthly Income Fund Limited
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (13:30)
Initial Jobless Claims (US) (13:30)
Philadelphia Fed Index (US) (13:30)
FINALS
Sports Direct International, Versarien
DRILLING REPORT
Anglo American
SPECIAL EX-DIVIDEND DATE
EIH Plc, Establishment Inv Trust, Martin Currie Asia Unconstrained Trust , Puma VCT 9
AGMS
Action Hotels, AO World, Babcock International Group, Big Yellow Group, Braveheart Investment Group, Caledonia Investments, Edinburgh Inv Trust, Electrocomponents, Golden Rock Global, Halma, HarbourVest Global Private Equity Limited A Shs, Mothercare, Personal Assets Trust, Prime People, Royal Mail, Speedy Hire
TRADING ANNOUNCEMENTS
Anglo American, AO World, Babcock International Group, Big Yellow Group, DotDigital Group, Euromoney Institutional Investor, Evraz, Hilton Food Group, Mothercare, SSE
UK ECONOMIC ANNOUNCEMENTS
Retail Sales (09:30)
FINAL DIVIDEND PAYMENT DATE
DCC, Templeton Emerging Markets Inv Trust
FINAL EX-DIVIDEND DATE
Aquila Services Group, Cranswick, Downing Four VCT DP2011 Gen A Shs, Downing Four VCT DP2011 Str A Shs, Downing Four VCT DSO 'D' Shs, Establishment Inv Trust, GB Group, Heath (Samuel) & Sons, Immunodiagnostic Systems Holdings, Martin Currie Asia Unconstrained Trust , Scapa Group, U And I Group, Vedanta Resources, Walker Greenbank
Friday July 20
INTERIMS
Audioboom Group, Kcell Joint Stock Co GDR (Reg S), Schlumberger Ltd.
INTERIM DIVIDEND PAYMENT DATE
Impax Asset Management Group, RWS Holdings, Zytronic
QUARTERLY PAYMENT DATE
Alpha Real Trust Ltd., Real Estate Credit Investments Ltd
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Current Account (EU) (09:00)
Producer Price Index (GER) (07:00)
ANNUAL REPORT
Afritin Mining Limited NPV
SPECIAL DIVIDEND PAYMENT DATE
Best of the Best, Capital Gearing Trust, Impax Asset Management Group
AGMS
Homeserve, KCOM Group, Tata Steel Ltd GDR (Reg S)
TRADING ANNOUNCEMENTS
Record
UK ECONOMIC ANNOUNCEMENTS
Public Sector Finances (09:30)
FINAL DIVIDEND PAYMENT DATE
3i Group, Air Partner, Capital Gearing Trust, First Derivatives, Helical, Northern 2 VCT, Northern 3 VCT, Octopus AIM VCT, Premier Technical Services Group , ProVen Growth & Income VCT, ProVen VCT, Severn Trent, Telford Homes, Tex Holdings, Veltyco Group , Warpaint London , Wynnstay Properties