Week ahead: BoE, BoJ, Fed and US jobs data in focus

26th Jul 2024 16:19

(Sharecast News) - The coming week will see rate-setters in the UK, Japan, and US meet to decide on interest rates.

Only in the UK does the consensus anticipate a change, in the form of a 25 basis point cut in short-term official interest rates, to 5.0%.

The Monetary Policy Committee's decision will be announced on Thursday.

On Wednesday meanwhile, policymakers at the Bank of Japan are expected to discuss the opposite, a rate hike, and to announce plans to start moderating its bond purchase programme.

America's Federal Open Market Committee is also due to meet on Wednesday.

No change is anticipated in the Fed's policy, but it is expected to leave the door clearly open to a rate cut in September.

Against that backdrop, come Friday the US Department of Labor will release non-farm payrolls figures for July.

Chinese and US factory survey data due out on Thursday may also move financial markets.

Last, but certainly not least, Microsoft will publish its quarterly results on Tuesday, followed by Meta, on Wednesday, and by Amazon and Apple on Thursday.

Monday 29 July

INTERIMS

Quartix Technologies

GMS

Mining, Minerals & Metals , Premier African Minerals Ltd

FINALS

Ondo Insurtech, Trifast

ANNUAL REPORT

Trifast

AGMS

Invinity Energy Systems , SDX Energy Inc. (DI), Spectra Systems Corporation, Spectra Systems Corporation

TRADING ANNOUNCEMENTS

Cranswick

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

FINAL DIVIDEND PAYMENT DATE

ZCCM Investments Holdings 'B' Shares

Tuesday 30 July

INTERIMS

BP, Convatec Group , Essentra, Fresnillo, Inchcape, Pod Point Group Holdings, Sabre Insurance Group, Seplat Energy (DI), Spectris, St James's Place, Staffline Group, Standard Chartered

INTERIM DIVIDEND PAYMENT DATE

Virgin Money UK

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Consumer Confidence (US) (15:00)

Economic Sentiment Indicator (EU) (10:00)

GDP (Preliminary) (EU) (10:00)

GDP (Preliminary) (GER) (09:00)

House Price Index (US) (14:00)

Industrial Confidence (EU) (10:00)

Services Sentiment (EU) (10:00)

Q2

BP, Smurfit Westrock (DI)

GMS

Proton Motor Power Systems

FINALS

Altitude Group

AGMS

Albion Technology & General VCT, Armadale Capital, Aseana Properties Ltd., Cake Box Holdings, Challenger Energy Group, Picton Property Income Ltd, Record, Severfield, Tatton Asset Management , Telecom Plus, Vodafone Group

TRADING ANNOUNCEMENTS

Barr (A.G.), Sage Group

Wednesday 31 July

INTERIMS

Conduit Holdings Limited Com Shs (DI), Endeavour Mining, HSBC Holdings, HUTCHMED (China) Limited, Rathbones Group, Reach, Restore, Rio Tinto, Rio Tinto, Shaftesbury Capital, Smurfit Westrock (DI), Taylor Wimpey

INTERIM DIVIDEND PAYMENT DATE

BP 8% Cum 1st Prf, BP 9% 2nd Prf, S and U 31.5% Prf. Cum. Prf 12.5P

QUARTERLY PAYMENT DATE

CT Private Equity Trust, Marble Point Loan Financing Limited NPV, Middlefield Canadian Income PCC, Real Estate Investors

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Crude Oil Inventories (US) (15:30)

FOMC Interest Rate (US) (19:00)

Import Price Index (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

Retail Sales (GER) (07:00)

Unemployment Rate (GER) (08:55)

Q2

Endeavour Mining

FINALS

GRIT Investment Trust, Hargreaves Services, Sysgroup

SPECIAL DIVIDEND PAYMENT DATE

Personal Assets Trust

AGMS

Bezant Resources, Blackstone Loan Financing Limited (EUR), First Property Group, Quantum Blockchain Technologies, Revolution Beauty Group, Rockwood Strategic, T42 Iot Tracking Solutions NPV, Xtract Resources

UK ECONOMIC ANNOUNCEMENTS

BRC Like-For-Like Retail Sales (00:01)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Fidelity China Special Situations , Renewi , Shires Income

Thursday 01 August

INTERIMS

BAE Systems, Coats Group, Elementis, London Stock Exchange Group, London Stock Exchange Group, London Stock Exchange Group, London Stock Exchange Group, London Stock Exchange Group, Mondi, Nova Ljubljanska Banka D.D., Ljubljana GDR (Reg S), Robert Walters, Rolls-Royce Holdings, Schroders, Vanquis Banking Group 20, Vesuvius

INTERIM DIVIDEND PAYMENT DATE

Merchants Trust 3.65% Cumulative Preference 1, WH Smith, Witan Investment Trust Plc

INTERIM EX-DIVIDEND DATE

Aptitude Software Group , Bellevue Healthcare Trust (Red), Blackrock Throgmorton Trust, Lloyds Banking Group, Mony Group, Nichols, Reckitt Benckiser Group, Relx plc

QUARTERLY PAYMENT DATE

Mercantile Investment Trust (The)

QUARTERLY EX-DIVIDEND DATE

Brunner Inv Trust, Greencoat Renewables (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Construction Spending (US) (15:00)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

ISM Manufacturing (US) (15:00)

ISM Prices Paid (US) (15:00)

PMI Manufacturing (GER) (08:55)

PMI Manufacturing (EU) (09:00)

PMI Manufacturing (US) (14:45)

Unemployment Rate (EU) (10:00)

Q2

Shell , Smith & Nephew

SPECIAL DIVIDEND PAYMENT DATE

Manchester & London Investment Trust

SPECIAL EX-DIVIDEND DATE

CQS Natural Resources Growth and Income , Downing Strategic Micro-Cap Investment Trust Red, Latham (James), Nichols

AGMS

African Pioneer NPV, Duke Capital Limited, Kendrick Resources, PayPoint, Sequoia Economic Infrastructure Income Fund Limited , Tiger Royalties and Investments, Ukrproduct Group Ltd, Ukrproduct Group Ltd, Ukrproduct Group Ltd, Volex

TRADING ANNOUNCEMENTS

NCC Group, Next, Next

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

PMI Manufacturing (09:30)

FINAL DIVIDEND PAYMENT DATE

Caledonia Investments, Next, TR Property Inv Trust, United Utilities Group

FINAL EX-DIVIDEND DATE

CML Microsystems, Latham (James), Telecom Plus, Triad Group

Q1

Wizz Air Holdings

Friday 02 August

INTERIMS

AIB Group (CDI), Bluebird Merchant Ventures (DI), International Consolidated Airlines Group SA (CDI), Intertek Group

INTERIM DIVIDEND PAYMENT DATE

Heavitree Brewery, Heavitree Brewery 'A' Shares, Kitwave Group, Premier Miton Group

QUARTERLY PAYMENT DATE

British American Tobacco, CT UK High Income Trust, CT UK High Income Trust B , I3 Energy , TwentyFour Select Monthly Income Fund Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Factory Orders (US) (15:00)

Non-Farm Payrolls (US) (13:30)

Unemployment Rate (US) (13:30)

Q2

International Consolidated Airlines Group SA (CDI)

FINALS

Eutelsat Communications S.A. (CDI)

SPECIAL DIVIDEND PAYMENT DATE

Record

AGMS

Bluebird Merchant Ventures (DI)

TRADING ANNOUNCEMENTS

Pets at Home Group , Virgin Money UK

FINAL DIVIDEND PAYMENT DATE

B&M European Value Retail S.A. (DI), Burberry Group, Bytes Technology Group , Discoverie Group, GB Group, Helical, Intermediate Capital Group, JPMorgan European Discovery Trust, Norcros, Record, Tate & Lyle, Vianet Group, Vodafone Group, Workspace Group, Young & Co's Brewery 'A' Shares, Young & Co's Brewery (Non-Voting)