Week ahead: Federal Reserve, Bank of England in focus

All eyes over the coming week will be on the US central bank's policy decision on Wednesday.

A 25 basis point rate cut by the Federal Reserve, its first since 2020, is full priced in, together with 50% odds for a 50bp reduction.

So while a half point cut is not the most likely scenario, some investors may be wrongfooted either way.

Some analysts believe that a 50bp cut would not be excessive given how high rates have been and for how long.

Worth noting, reports for US retail sales and industrial production in August are both due out the day before.

The Bank of England meanwhile will decide on rates come Thursday, although in this case no change in rates is anticipated.

UK consumer price figures for August are also scheduled for release, on Wednesday morning.

Friday will bring with it rate decisions in China and Japan.

Central bank meetings are also scheduled this week in Brazil, Norway, South Africa and Turkey.

Monday 16 September

FINALS

Wilmington

INTERIMS

Facilities by ADF, HydrogenOne Capital Growth, Octopus Renewables Infrastructure Trust, Acuity RM Group, AOTI, INC. (DI) (Regs, Cat 3), Oberon AIM VCT, Kavango Resources

Greencoat Renewables (CDI), HGCapital Trust, M. P. Evans Group, Science In Sport

AGMs

Schroder Real Estate Investment Trust Ltd, Cavendish Financial, Auto Trader Group

EGMs

Coca-Cola HBC AG (CDI)

FINAL DIVIDEND PAYMENT DATE

Montanaro European Smaller Companies Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

INTERIM DIVIDEND PAYMENT DATE

Pearson, Rentokil Initial, IMI, 4Imprint Group, Games Workshop Group, Melrose Industries, Foxtons Group

QUARTERLY PAYMENT DATE

RM Infrastructure Income

Tuesday 17 September

FINALS

Ferguson Enterprises Inc. (DI), Litigation Capital Management Limited (DI), Springfield Properties, Target Healthcare Reit Ltd

INTERIMS

Kingfisher, EJF Investments Ltd NPV, Diaceutics, THG, JTC, Northcoders Group, DP Poland, Franchise Brands, Good Energy Group, GCP Asset Backed Income Fund Limited, Jadestone Energy, Learning Technologies Group, Team17 Group, Kooth, EKF Diagnostics Holdings, Warpaint London, Dillistone Group

Fintel, Trufin, Next 15 Group, Billington Holdings, Litigation Capital Management Limited (DI), Henry Boot

Headlam Group

Q4

Ferguson Enterprises Inc. (DI)

AGMs

B90 Holdings NPV, Inspiration Healthcare Group, Sure Ventures

ANNUAL REPORT

Springfield Properties, Target Healthcare Reit Ltd

FINAL DIVIDEND PAYMENT DATE

Monks Inv Trust, Renold

INTERIM DIVIDEND PAYMENT DATE

Fresnillo

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ZEW Survey (GER) - Economic Sentiment (10:00)

ZEW Survey (GER) - Current Situation (10:00)

ZEW Survey (EU) - Economic Sentiment (10:00)

Retail Sales (US) (13:30)

Industrial Production (US) (14:15)

Capacity Utilisation (US) (14:15)

Business Inventories (US) (15:00)

Wednesday 18 September

FINALS

PZ Cussons, MJ Gleeson, Supermarket Income Reit

INTERIMS

Skillcast Group, Star Energy Group, Strix Group, Foresight Solar Fund Limited, Quiz, Advanced Medical Solutions Group, M&C Saatchi, Public Policy Holding Company, Inc.(DI), LBG Media, Argentex Group

TRADING ANNOUNCEMENTS

Moonpig Group

AGMs

Moonpig Group, Castelnau Group Limited, Worsley Investors Limited NPV, Wise Class A, Frasers Group, Real Estate Credit Investments Ltd

Schroder British Opportunities Trust, IG Group Holdings, Gore Street Energy Storage Fund

INTERIM DIVIDEND PAYMENT DATE

London Stock Exchange Group, Smurfit Westrock (DI)

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Retail Price Index (07:00)

Producer Price Index (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

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

MBA Mortgage Applications (US) (12:00)

Housing Starts (US) (12:30)

Building Permits (US) (13:30)

Crude Oil Inventories (US) (15:30)

Thursday 19 September

FINALS

Galliford Try

INTERIMS

Engage XR Holdings (CDI), Next, Maintel Holdings, S4 Capital, Crism Therapeutics Corporation Ord Npv, Portmeirion Group, Judges Scientific, Downing Renewables & Infrastructure Trust

TRADING ANNOUNCEMENTS

Ocado Group

AGMs

Liontrust Asset Management, JPMorgan Asia Growth & Income, Trakm8 Holdings, Augmentum Fintech, Supreme, Northern Bear

GMs

Ferrexpo

FINAL EX-DIVIDEND DATE

Jet2, IG Group Holdings, Artemis Alpha Trust, Cavendish Financial, PHSC, South32 Limited (DI), Walker Crips Group, Brooks Macdonald Group, Rank Group, Eckoh

FINAL DIVIDEND PAYMENT DATE

SSE

INTERIM EX-DIVIDEND DATE

Unite Group, Crest Nicholson Holdings, Luceco, Lords Group Trading, Elecosoft Public Limited Company, Essentra, Property Franchise Group, Triple Point Social Housing Reit, Bridgepoint Group (Reg S), Fidelity European Trust, Robinson, Diales, TwentyFour Select Monthly Income Fund Limited, Keystone Law Group, Kenmare Resources (CDI), Chesnara, Drax Group, EPWIN GROUP, Restore, Somero Enterprises Inc. (DI), Gamma Communications, PPHE Hotel Group Ltd, Oakley Capital Investments Ltd. (DI), Maven Income & Growth 4 VCT, Income & Growth VCT, Forterra, Thungela Resources Limited NPV (DI)

INTERIM DIVIDEND PAYMENT DATE

Atalaya Mining, Haleon, Scottish American Inv Company

SPECIAL EX-DIVIDEND DATE

Triple Point Energy Transition

QUARTERLY EX-DIVIDEND DATE

Patria Private Equity Trust, Energean, Regional REIT Limited NPV

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Current Account (EU) (09:00)

Initial Jobless Claims (US) (13:30)

Philadelphia Fed Index (US) (13:30)

Current Account (US) (13:30)

Continuing Claims (US) (13:30)

Existing Home Sales (US) (15:00)

Friday 20 September

INTERIMS

Biome Technologies

AGMs

Sysgroup

GMs

Crossword Cybersecurity, SDX Energy Inc. (DI)

FINAL DIVIDEND PAYMENT DATE

Reach, Speedy Hire, Heath (Samuel) & Sons, National World

INTERIM DIVIDEND PAYMENT DATE

Glencore, abrdn Asia Focus, OSB Group, Barclays, Empiric Student Property, Henderson Opportunities Trust, Riverstone Credit Opportunities Income, Man Group, Informa, SEGRO, Entain, Triple Point Energy Transition, St James's Place, Hikma Pharmaceuticals

SPECIAL DIVIDEND PAYMENT DATE

Berkeley Group Holdings (The)

UK ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

Public Sector Net Borrowing (07:00)

Retail Sales (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Producer Price Index (GER) (07:00)