Week ahead: BoE rate decision, Chinese foreign trade data in focus

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Sharecast News | 01 Nov, 2019

The market spotlight during the coming week will be firmly on the Bank of England as it meets to decide on policy ahead of the next general elections.

Expectations are that all of the BoE's policy settings will remain unchanged, but Governor Mark Carney's follow-up press conference and the meeting minutes will be closely scrutinised to see to what degree - or not - the Monetary Policy Committee shares financial markets' assessment that the balance-of-risks around a possible hard-Brexit have notably declined.

Against that backdrop, in the run-up to the 12 December vote, polls of voters' intentions may garner increasing importance.

Also due out, on Monday, is IHS Markit's UK services sector Purchasing Managers' Index, followed by the Halifax house price index on Thursday.

Investors will also be keeping close tabs on October foreign trade figures in China due out on Friday, which could easily move markets around the world, especially if they confirm the most recent upbeat reading on manufacturing sector conditions in the Asian giant.

Stateside, the most important economic releases will be those on foreign trade, on Tuesday, and a preliminary reading on the University of Michigan's closely-followed US consumer confidence survey for the month of November, on Friday.

Across the Channel meanwhile, the main data point to watch out for will be IHS Markit's services sector PMI for October.

Monday November 04

INTERIMS

Norcros

INTERIM DIVIDEND PAYMENT DATE

WPP

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Factory Orders (US) (15:00)

PMI Manufacturing (GER) (08:55)

PMI Manufacturing (EU) (09:00)

EGMS

NB Global Floating Rate Income Fund Ltd GBP

UK ECONOMIC ANNOUNCEMENTS

PMI Construction (09:30)

FINAL DIVIDEND PAYMENT DATE

CPL Resources

Tuesday November 05

INTERIMS

Castleton Technology, MXC Capital

INTERIM DIVIDEND PAYMENT DATE

Cenkos Securities, Synthomer, Weir Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ISM Non-Manufacturing (US) (15:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:55)

PMI Composite (US) (14:45)

PMI Services (EU) (09:00)

PMI Services (US) (14:45)

Producer Price Index (EU) (10:00)

Q3

Public Joint Stock Company Polyus (REG S)

FINALS

Associated British Foods, Up Global Sourcing Holdings

SPECIAL DIVIDEND PAYMENT DATE

Barratt Developments

AGMS

AEW UK Long Lease Reit , Murray Income Trust

TRADING ANNOUNCEMENTS

AIB Group, Gem Diamonds Ltd. (DI), Intu Properties, Morrison (Wm) Supermarkets

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (13:30)

BRC Shop Price Index (00:01)

PMI Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Barratt Developments

Wednesday November 06

INTERIM DIVIDEND PAYMENT DATE

Huntsworth, StatPro Group, STV Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:00)

Factory Orders (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

PMI Services (GER) (08:55)

Retail Sales (EU) (10:00)

FINALS

Connect Group

AGMS

Hansard Global, Hermes Pacific Investments, InnovaDerma, Redrow, Schroder Japan Growth Fund, Strategic Equity Capital, Strategic Equity Capital, Vast Resources

TRADING ANNOUNCEMENTS

Croda International, Tyman

UK ECONOMIC ANNOUNCEMENTS

Halifax House Price Index (08:30)

Thursday November 07

INTERIMS

3i Infrastructure, Great Eastern Energy Corp Ltd. GDR, Halfords Group, JZ Capital Partners Ltd, Renewi , Sainsbury (J), System1 Group

INTERIM DIVIDEND PAYMENT DATE

International Public Partnerships Ltd., Octopus AIM VCT 2

INTERIM EX-DIVIDEND DATE

Bloomsbury Publishing, Card Factory, Foresight Solar & Infrastructure VCT, Panther Securities, RTC Group, Whitbread

QUARTERLY PAYMENT DATE

JPMorgan Asian Investment Trust, JPMorgan Japan Smaller Companies Trust, Supermarket Income Reit

QUARTERLY EX-DIVIDEND DATE

BP, Greencoat Renewables, IBM Corp., SME Credit Realisation Fund Limited NPV, Tufton Oceanic Assets Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Credit (US) (20:00)

Continuing Claims (US) (13:30)

Factory Orders (GER) (07:00)

Industrial Production (GER) (07:00)

Initial Jobless Claims (US) (13:30)

Q3

Bank of Georgia Group

SPECIAL DIVIDEND PAYMENT DATE

Octopus AIM VCT 2

SPECIAL EX-DIVIDEND DATE

Card Factory, Catalyst Media Group, Hargreave Hale AIM VCT , Softcat

AGMS

Supermarket Income Reit

TRADING ANNOUNCEMENTS

Flutter Entertainment, Purplebricks Group

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

FINAL DIVIDEND PAYMENT DATE

Begbies Traynor Group, Redde

FINAL EX-DIVIDEND DATE

Abcam, Clinigen Group, Croma Security Solutions Group, Downing Four VCT DP67 , Downing Four VCT DSO 'D' Shs, Galliford Try, Genus, Ideagen, James Halstead, JPMorgan Smaller Companies Inv Trust, London Finance & Investment Group, New Star Investment Trust, Ricardo, SCS Group , Softcat

Friday November 08

INTERIMS

Castings

INTERIM DIVIDEND PAYMENT DATE

AA , Andrews Sykes Group, Bodycote, Charles Taylor, Cobham, Downing Three VCT F Shs, Downing Three VCT H Shs, Downing Three VCT J Shs, Downing Two VCT F Shs , Downing Two VCT G Shs, Harwood Wealth Management Group, Hastings Group Holdings , Kingfisher, Learning Technologies Group , M&C Saatchi, SIG, Spectris, Spirax-Sarco Engineering, Taylor Wimpey, TP ICAP, Travis Perkins, US Solar Fund

QUARTERLY PAYMENT DATE

BlackRock Latin American Inv Trust, British Land Company

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (GER) (07:00)

Current Account (GER) (07:00)

U. of Michigan Confidence (Prelim) (US) (15:00)

Wholesales Inventories (US) (15:00)

AGMS

Gulf Investment Fund, Gulf Investment Fund, Red Emperor Resources NL (DI), VietNam Holding Ltd, VietNam Holding Ltd

FINAL DIVIDEND PAYMENT DATE

Brooks Macdonald Group, Murgitroyd Group, Photo-Me International

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