Week ahead: Bank of England, Fed rate decisions in the spotlight
Updated : 19:16
Investors' focus over the coming week would be squarely on central bank policy decisions in the UK and U.S..
Those meetings would take place on Thursday and Wednesday, respectively.
Rate-setters at the Bank of England are expected to stay put with the meeting minutes likely to show a continued need for greater confidence but smaller tail risks, economists at BofA said in a research note sent to clients.
In the case of the Fed, BofA said that it was expecting the central bank to "revise its outlook in favor of stronger growth and somewhat firmer inflation while leaving unemployment near multi-decade lows.
"If so, it can guide markets to a cutting cycle that begins in June, but the clear risk is it defers cuts. The median 2024 dot should still show three cuts, but it is a close call."
A raft of other central bank meetings were also scheduled for across the week, including the Bank of Japan and Reserve Bank of Australia on Tuesday, while policymakers at the People's Bank of China were due to meet on Wednesday.
Central bank meeting in Switzerland and Norway would take place on Thursday.
In the emerging markets space meantime, central bank decisions were being waited on in Brazil, Türkiye, Mexico, Indonesia, Colombia, Costa Rica, Czechia, Guatemala, Pakistan and Taiwan.
Monday 18 March
INTERIMS
Seeing Machines Ltd. NPV (DI)
INTERIM DIVIDEND PAYMENT DATE
B.P. Marsh & Partners
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
Consumer Price Index (EU) (10:00)
GMS
EnSilica
FINALS
Marshalls, Team Internet Group
ANNUAL REPORT
Team Internet Group
AGMS
Schroder European Real Estate Investment Trust, United Bank Ltd GDR (Reg S)
FINAL DIVIDEND PAYMENT DATE
Triple Point Venture Vct
Tuesday 19 March
INTERIMS
Close Brothers Group, DFS Furniture, Eagle Eye Solutions Group, Litigation Capital Management Limited (DI)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Building Permits (US) (12:30)
Housing Starts (US) (12:30)
ZEW Survey (EU) - Economic Sentiment (10:00)
ZEW Survey (GER) - Current Situation (10:00)
ZEW Survey (GER) - Economic Sentiment (10:00)
GMS
Custodian Property Income Reit, ECO Animal Health Group, Scirocco Energy
FINALS
Atalaya Mining, Diversified Energy Company , Essentra, Fintel, Harworth Group, Harworth Group, M. P. Evans Group, Midwich Group, MPAC Group, Personal Group Holdings, Sabre Insurance Group, Staffline Group, The Pebble Group, Tissue Regenix Group, Trustpilot Group , Videndum , Zotefoams
ANNUAL REPORT
Atalaya Mining, IWG
AGMS
Blackrock Throgmorton Trust, Crest Nicholson Holdings, Gresham House Renewable Energy VCT 1 , Gresham House Renewable Energy VCT 2, Gresham House Renewable Energy VCT 2, Gresham House Renewable Energy VCT 2, Nuformix, Various Eateries
Wednesday 20 March
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (14:30)
MBA Mortgage Applications (US) (11:00)
Producer Price Index (GER) (07:00)
GMS
United Oil & Gas
FINALS
Anpario, Ceres Power Holdings, Computacenter, EKF Diagnostics Holdings , Eurocell , Eurocell , FDM Group (Holdings), IQGEO Group, Kenmare Resources (CDI), Prudential
EGMS
MTI Wireless Edge Ltd., MTI Wireless Edge Ltd.
AGMS
BSF Enterprise , MTI Wireless Edge Ltd., MTI Wireless Edge Ltd.
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (07:00)
Producer Price Index (07:00)
Retail Price Index (07:00)
FINAL DIVIDEND PAYMENT DATE
Virgin Money UK
Thursday 21 March
INTERIMS
Regtech Open Project
INTERIM EX-DIVIDEND DATE
Beazley, Craneware, Fonix Mobile , Hargreaves Services, London Finance & Investment Group, NWF Group, Thorpe (F.W.), Tristel
QUARTERLY EX-DIVIDEND DATE
Abrdn Private Equity Opportunities Trust, British American Tobacco
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (12:30)
Current Account (EU) (09:00)
Current Account (US) (12:30)
Existing Home Sales (US) (14:00)
IFO Business Climate (GER) (09:00)
IFO Current Assessment (GER) (09:00)
IFO Expectations (GER) (09:00)
Initial Jobless Claims (US) (12:30)
FINALS
Aptitude Software Group , Aptitude Software Group , Aquis Exchange , Centamin (DI), Direct Line Insurance Group, Dowlais Group, Energean , Gulf Keystone Petroleum Ltd Com Shs (DI), Hostelworld Group , Ithaca Energy, Judges Scientific, M&G, National World , Next, Tribal Group
SPECIAL EX-DIVIDEND DATE
Primorus Investments
EGMS
Dish TV India Limited GDR (Each Repr One Shr)
AGMS
Athelney Trust, Banco Santander S.A., Hyundai Motor Company GDR (Reg S), Jyske Bank A/S , Pressure Technologies, Pressure Technologies
TRADING ANNOUNCEMENTS
C&C Group (CDI)
UK ECONOMIC ANNOUNCEMENTS
BoE Interest Rate Decision (12:00)
Public Sector Net Borrowing (07:00)
FINAL EX-DIVIDEND DATE
AIB Group (CDI), BlackRock World Mining Trust, Chemring Group, CLS Holdings, Conduit Holdings Limited Com Shs (DI), Crest Nicholson Holdings, DFI Retail Group Holdings Limited (Bermuda Regd), DFI Retail Group Holdings Limited (Jersey Reg), DFI Retail Group Holdings Limited (Sing.Reg), Glanbia (CDI), Globaldata, HGCapital Trust, Hikma Pharmaceuticals, Hongkong Land Holding Ltd. (Bermuda), Hongkong Land Holding Ltd. (Jersey), Hongkong Land Holding Ltd. (Sing.Reg), Jardine Matheson Holdings Ltd (Singapore Reg), Jardine Matheson Holdings Ltd. (Bermuda), Jardine Matheson Holdings Ltd. (Jersey), Mandarin Oriental International (Bermuda), Mandarin Oriental International (Jersey), Mandarin Oriental International (Singapore), Maven Income & Growth 3 VCT, Maven Income and Growth VCT 5, MTI Wireless Edge Ltd., Nichols, Oakley Capital Investments Ltd. (DI), Pearson, Schroders
Friday 22 March
INTERIMS
SkinBioTherapeutics , Smiths Group, Wetherspoon (J.D.)
INTERIM DIVIDEND PAYMENT DATE
Heath (Samuel) & Sons, Mattioli Woods, Mobeus Income & Growth 4 Vct, Ruffer Investment Company Ltd Red PTG Pref Shares
QUARTERLY PAYMENT DATE
Unilever
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Import Price Index (GER) (07:00)
GMS
Triple Point Energy Transition
FINALS
Dunedin Enterprise Investment Trust, Phoenix Group Holdings , Robinson
ANNUAL REPORT
Nexus Infrastructure
AGMS
Faron Pharmaceuticals Oy (DI), Kitwave Group, URU Metals Ltd. (DI), URU Metals Ltd. (DI), URU Metals Ltd. (DI)
UK ECONOMIC ANNOUNCEMENTS
GFK Consumer Confidence (00:01)
Retail Sales (07:00)
FINAL DIVIDEND PAYMENT DATE
easyJet, Gulf Investment Fund, Henderson Opportunities Trust, Hercules Site Services , Impax Asset Management Group, Ramsdens Holdings