Week ahead: G-20 leaders' summit, US-China trade in focus

The market spotlight over the coming week will be firmly on the 28-29 June G-20 leaders summit in Osaka, Japan, and the meeting between the US President and his Chinese counterpart on the sidelines of the event.

According to strategists at Bank of America-Merrill Lynch, there were reasons to be sanguine, telling clients that: "Trump prefers to be "Jobs President" not "Tariff President"; steel first industry to receive tariff protection; US Steel factory closure, slump in Philly Fed, rising joblesss claimsin battleground state Pennsylvania suggests G20 trade war escalation unlikely."

Several top US central bank officials are slated to take to the podium, although their speeches might be more insightful once the outcome of the G-20 is known.

Across the Channel, a preliminary reading on Eurozone consumer prices for June at the end of the week may also garner attention, as will the IFO institute's closely-followed business confidence gauge for Germany, on Monday.

A raft of economic data is also set for release in Japan, on Thursday, including reports on unemployment, Tokyo CPI and industrial production.

Monday June 24

INTERIMS

Porvair

INTERIM DIVIDEND PAYMENT DATE

Genel Energy

QUARTERLY PAYMENT DATE

Royal Dutch Shell 'A', Royal Dutch Shell 'B'

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

FINALS

Cake Box Holdings, Civitas Social Housing , D4T4 Solutions, Fastjet, Thruvision Group, Zoo Digital Group

AGMS

United Oil & Gas , Anglo-Eastern Plantations, Avanti Communications Group, Borders & Southern Petroleum, Futura Medical, Globalworth Real Estate Investments Limited, Nautilus Marine Services, Ra International Group, Ra International Group, Rockfire Resources, Spectra Systems Corporation, TBC Bank Group, Volvere

UK ECONOMIC ANNOUNCEMENTS

CBI Distributive Trades Surveys (11:00)

FINAL DIVIDEND PAYMENT DATE

Ebiquity

Tuesday June 25

INTERIMS

Pressure Technologies

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence (US) (15:00)

House Price Index (US) (14:00)

New Homes Sales (US) (15:00)

FINALS

Gear4music (Holdings), IMImobile , Mind Gym, Northgate, Redcentric, Redt Energy , Tekmar Group

AGMS

Aberdeen New Thai Inv Trust, Afarak Group (DI), Animalcare Group, Argo Blockchain, Asiamet Resources Limited (DI) , Attraqt Group , Cabot Energy, City Merchants High Yield Trust, Exillon Energy, Fireangel Safety Technology Group, Foresight Solar Fund Limited, Maruwa Co Ltd., Metals Exploration, Morses Club , NB Distressed Debt Investment Fund Limited, NB Distressed Debt Investment Fund Limited Ext Shs, NB Distressed Debt Investment Fund Limited Red Ord, North Atlantic Smaller Companies Inv Trust, Pelatro , Regal Petroleum, Silence Therapeutics

UK ECONOMIC ANNOUNCEMENTS

BBA Mortgage Lending Figures (09:30)

FINAL DIVIDEND PAYMENT DATE

Spire Healthcare Group

Wednesday June 26

INTERIMS

Autins Group

INTERIM DIVIDEND PAYMENT DATE

Fidelity Special Values, UDG Healthcare Public Limited Company

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Durable Goods Orders (US) (13:30)

GFK Consumer Confidence (GER) (07:00)

MBA Mortgage Applications (US) (12:00)

GMS

Konami Holdings Corporation

FINALS

BCA Marketplace, Creightons, Stagecoach Group, Sysgroup

AGMS

Air Partner, Amati AIM Vct , Baron Oil , British American Inv Trust, Curzon Energy, Datang International Power Generation Co Ltd., Federal Grid Company Of Unified Energy System, Public Joint-Stock Company GDR (Reg S), Hummingbird Resources, Immedia Group, Impellam Group, LXI Reit , Next Fifteen Communications, Spinnaker Opportunities , Sumo Group , Trackwise Designs , Trackwise Designs , Vianet Group, Watchstone Group

TRADING ANNOUNCEMENTS

Tullow Oil, Wood Group (John)

FINAL DIVIDEND PAYMENT DATE

Maruwa Co Ltd., STM Group

Thursday June 27

INTERIMS

Hargreave Hale AIM VCT

INTERIM DIVIDEND PAYMENT DATE

Northern Venture Trust

INTERIM EX-DIVIDEND DATE

Chrysalis VCT, RWS Holdings

QUARTERLY PAYMENT DATE

Kosmos Energy (DI)

QUARTERLY EX-DIVIDEND DATE

Alpha Real Trust Ltd., British American Tobacco, British Land Company, Duke Royalty Limited, Real Estate Investors, Value and Income Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Continuing Claims (US) (13:30)

Economic Sentiment Indicator (EU) (10:00)

Gross Domestic Product (US) (13:30)

Industrial Confidence (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Pending Homes Sales (US) (15:00)

Personal Consumption Expenditures (US) (13:30)

Services Confidence (EU) (10:00)

FINALS

Greene King, Itaconix , Latham (James), Latham (James), Liontrust Asset Management, Manolete Partners, SDCL Energy Efficiency Income Trust, XPS Pensions Group

SPECIAL EX-DIVIDEND DATE

Chelverton UK Dividend Trust, Chrysalis VCT, PayPoint, Record

EGMS

TCS Group Holding GDR (Each Repr 1 A Shr) (Reg S)

AGMS

3i Group, Africa Opportunity Fund Limited, Altus Strategies , Anpario, Armadale Capital, Atalaya Mining, Bluejay Mining, Columbus Energy Resources, DCD Media, Erris Resources, Escape Hunt , First Derivatives, ICG Enterprise Trust, Immotion Group, Immupharma, Inspiration Healthcare Group , JZ Capital Partners Ltd, M&C Saatchi, Marble Point Loan Financing Limited NPV, Metal Tiger , Pacific Assets Trust, President Energy, Public Joint Stock Company Rosseti GDR (Each REPR 200 ORD) Reg S, Rurelec, Science In Sport, Serica Energy, Strategic Minerals, Tandem Group, TLA Worldwide , Trans-Siberian Gold, Trian Investors 1 Limited NPV, Wincanton, Yu Group

TRADING ANNOUNCEMENTS

Gama Aviation , Serco Group

FINAL DIVIDEND PAYMENT DATE

British American Inv Trust, Centrica, Phoenix Spree Deutschland Limited Shs NPV , Volta Finance Limited NPV (GBP)

FINAL EX-DIVIDEND DATE

Anglo Asian Mining, B.P. Marsh & Partners, Biffa, Burberry Group, Caledonia Investments, Fidelity China Special Situations , Georgia Healthcare Group, JD Sports Fashion, Mitie Group, Morses Club , Premier Technical Services Group , Record, Renewi , Scisys Group, Tavistock Investments, Vertu Motors, VP

Friday June 28

INTERIM DIVIDEND PAYMENT DATE

Aberdeen Frontier Markets Investment Company, AJ Bell, Albion Technology & General VCT, Artemis VCT, AVI Global Trust , Baring Emerging Europe, Blackrock Frontiers Investment Trust, Daily Mail and General Trust A (Non.V), easyHotel, Elegant Hotels Group , Henderson European Focus Trust, Jersey Electricity 'A' Shares, On The Beach Group , Orchard Funding Group , Princess Private Equity Holding Ltd. (EUR), SDCL Energy Efficiency Income Trust, SSP Group , Victrex plc, Watkin Jones

QUARTERLY PAYMENT DATE

Blackrock North American Income Trust , BlackRock World Mining Trust, Diversified Gas & Oil, HICL Infrastructure , Honeycomb Investment Trust, NextEnergy Solar Fund Limited Red, Premier Global Infrastructure Trust, RM Secured Direct Lending, The Renewables Infrastructure Group Limited, TwentyFour Select Monthly Income Fund Limited , UIL Limited (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (14:45)

Import Price Index (GER) (07:00)

Personal Consumption Expenditures (US) (13:30)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

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

GMS

Naspers Ltd. ADR

FINALS

Providence Resources

SPECIAL DIVIDEND PAYMENT DATE

Artemis VCT, Marshalls, RM Secured Direct Lending

EGMS

AXA Property Trust Limited NPV

AGMS

Alexander Mining, Allied Minds , Anglo African Oil & Gas , Auctus Growth, Beowulf Mining, Boussard & Gavaudan Holding Ltd. EUR Shares, Boussard & Gavaudan Holding Ltd. GBP Shares, Cellcast, Grand Vision Media Holdings , Hemogenyx Pharmaceuticals , IDE Group Holdings, Kore Potash, KRM22, Kropz , Nostra Terra Oil & Gas Co, Pennpetro Energy , PJSC Gazprom Level 1 ADS, PJSC LSR Group GDR (REG S), Rambler Metals & Mining, Reach4Entertainment Enterprises, Savannah Petroleum , SurgutnefteGas Public Joint Stock Company ADR, Tower Resources, W Resources

TRADING ANNOUNCEMENTS

Dunelm Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

Current Account (09:30)

GFK Consumer Confidence (00:01)

Gross Domestic Product (09:30)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Aberdeen New Thai Inv Trust, Anexo Group , Applegreen, ASA International Group , Bank of Georgia Group, Computacenter, Dignity, Frenkel Topping Group, Hilton Food Group, Ingenta, Learning Technologies Group , Marshalls, Medica Group , Michelmersh Brick Holdings, Rotala, Saga , Sigma Capital Group, Spectra Systems Corporation, Spectris, Triple Point VCT 2011 'B', Triple Point Vct 2011 A