Week ahead: Federal Reserve, Bank of England in focus

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Sharecast News | 18 Sep, 2023

All eyes over the coming week will be on the Federal Reserve and the Bank of England.

On Thursday, rate-setters in the UK are expected to announce a further 25 basis point hike in Bank Rate to 5.5%.

Seven members of the Monetary Policy Committee are seen voting for the move and three against it.

Their peers at the Swiss National Bank are also scheduled to make a policy announcement the same day.

The day before meanwhile, the Fed is expected to hold the target range for the Fed funds rate steady at 5.25-5.50%.

However, the U.S. central bank is expected to hold out the possibility of further rate hikes.

A policy announcement from the People's Bank of China is also expected on Wednesday.

Other key risk events to watch out for are UK consumer price data on Wednesday and a raft of purchasing managers' surveys for factory and services sector activity in the UK, euro area and U.S. on Friday.

Monday 18 September

INTERIMS

Downing Renewables & Infrastructure Trust, Facilities by ADF, Futura Medical, Greencoat Renewables (CDI), HGCapital Trust, S4 Capital, The Artisanal Spirits Company

INTERIM DIVIDEND PAYMENT DATE

Pearson, Quilter, Shaftesbury Capital

FINALS

City of London Investment Group, Enteq Technologies

AGMS

Kr1, LendInvest

Tuesday 19 September

INTERIMS

Billington Holdings, Concurrent Technologies, CPP Group, DP Eurasia N.V. (DI) , Fintel, Good Energy Group, Henry Boot, Jadestone Energy, Kingfisher, Kingfisher, Maintel Holdings, MyHealthchecked , Northcoders Group , Serica Energy, Surgical Innovations Group, Team17 Group, Trustpilot Group , Xaar

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (13:30)

Current Account (EU) (09:00)

Harmonised Index of Consumer Prices (EU) (10:00)

Housing Starts (US) (13:30)

GMS

Aston Martin Lagonda Global Holdings

FINALS

Eagle Eye Solutions Group, Hargreaves Lansdown, Litigation Capital Management Limited (DI), Mcbride, Naked Wines

AGMS

Africa Opportunity Fund Limited, Augmentum Fintech, Beacon Rise Holdings , Begbies Traynor Group, Chill Brands Group, DP Aircraft I Limited Pref , Great Southern Copper, Moonpig Group , Moonpig Group , Oxford Instruments, ProCook Group, SRT Marine Systems, Unicorn Mineral Resources Eur0.01 (Cdi), Utilico Emerging Markets Ltd (DI)

FINAL DIVIDEND PAYMENT DATE

Alpha Financial Markets Consulting, STM Group

Wednesday 20 September

INTERIMS

Advanced Medical Solutions Group, Destiny Pharma , Epwin Group, GENinCode, HydrogenOne Capital Growth, Judges Scientific, M&G, Oxford Biomedica, Round Hill Music Royalty Fund Limited NPV, Ten Entertainment Group , Warpaint London

INTERIM DIVIDEND PAYMENT DATE

Domino's Pizza Group, London Stock Exchange Group, OSB Group , Sabre Insurance Group

INTERIM EX-DIVIDEND DATE

TotalEnergies SE

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

Producer Price Index (GER) (07:00)

FINALS

Dunelm Group, Galliford Try, Supermarket Income Reit, Transense Technologies

AGMS

Accsys Technologies, Foresight Technology VCT, Frasers Group , Games Workshop Group, Hidong Estate, IG Group Holdings, Ilika, MIGO Opportunities Trust, Seed Innovations Limited, STS Global Income & Growth Trust , Zhejiang Yongtai Technology Co. GDR (EACH Repr 5 A SHS) (REG S)

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Public Sector Net Borrowing (07:00)

Retail Price Index (07:00)

Thursday 21 September

INTERIMS

Aquis Exchange , Chesnara, Corero Network Security, Fisher (James) & Sons, Gemfields Group Limited, JD Sports Fashion, Life Science REIT, Next, Octopus Renewables Infrastructure Trust , Strix Group , The City Pub Group

INTERIM DIVIDEND PAYMENT DATE

Rio Tinto, Schroders, Vanquis Banking Group 20

INTERIM EX-DIVIDEND DATE

Alpha Group International, Churchill China, Costain Group, Crest Nicholson Holdings, Dowlais Group, Driver Group, Elecosoft Public Limited Company, Essentra, FDM Group (Holdings), Fidelity European Trust, Forterra, Gamma Communications, Grafton Group Ut (CDI), Harworth Group, Highcroft Investment, Ingenta, JTC, Kenmare Resources (CDI), Keystone Law Group , Midwich Group, Mobeus Income & Growth 2 Vct, Oakley Capital Investments Ltd. (DI), Palace Capital , Property Franchise Group, Public Policy Holding Company, Inc. (DI) (REG S, CAT3), Restore, Robinson, Somero Enterprises Inc. (DI), STV Group, Thungela Resources Limited NPV (DI)

QUARTERLY PAYMENT DATE

Fair Oaks Income Limited 2021 Shs NPV

QUARTERLY EX-DIVIDEND DATE

Abrdn DIversified Income And Growth, Abrdn Private Equity Opportunities Trust, Real Estate Credit Investments Ltd, Regional REIT Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Current Account (US) (13:30)

Existing Home Sales (US) (15:00)

Initial Jobless Claims (US) (13:30)

Philadelphia Fed Index (US) (13:30)

GMS

Ascent Resources, Kore Potash, Molecular Energies

FINALS

CVS Group, DFS Furniture, Fonix Mobile , Life Science REIT

SPECIAL EX-DIVIDEND DATE

CQS Natural Resources Growth and Income , Hargreaves Services, Keystone Law Group

EGMS

AB Ignitis Grupe GDR (Reg S)

AGMS

Artemis Alpha Trust, Intercede Group, Invesco Asia Trust, Kainos Group , Liontrust Asset Management, Mercia Asset Management, Sosandar, Van Elle Holdings

TRADING ANNOUNCEMENTS

Halma, Investec

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

Public Sector Net Borrowing (07:00)

FINAL DIVIDEND PAYMENT DATE

Brickability Group , Heath (Samuel) & Sons, SSE, XPS Pensions Group

FINAL EX-DIVIDEND DATE

Brooks Macdonald Group, Eckoh, Hargreaves Services, IG Group Holdings, Jet2, Mattioli Woods, Redrow, Walker Crips Group

Friday 22 September

INTERIMS

Ergomed , First Tin, T42 Iot Tracking Solutions NPV

INTERIM DIVIDEND PAYMENT DATE

Arbuthnot Banking Group, Athelney Trust, Capital & Regional, Entain, Man Group, Reach, RHI Magnesita N.V. (DI), Rotork, SEGRO, St James's Place, United Kingdom 3 3/4% Treasury Gilt 29/01/2038

QUARTERLY PAYMENT DATE

BP, Vaalco Energy, Inc (DI)

GMS

B&M European Value Retail S.A. (DI), TI Fluid Systems

FINALS

Stranger Holdings

SPECIAL DIVIDEND PAYMENT DATE

Glencore

EGMS

Faron Pharmaceuticals Oy (DI)

UK ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Auto Trader Group , PayPoint, Speedy Hire

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