Week ahead: US, China CPI and UK Q2 GDP in focus
The market spotlight over the coming week will remain on the US, where readings for consumer and producer prices are both due out.
Consensus is for the headline measures of price pressures in both reports to dip.
After Friday's much stronger-than-expected reading on the US jobs market, the risks around both prints now appeared to be pointing less clearly to the downside.
However, many commodity prices had continued to come off the boil over the course of July.
"Robust payrolls growth and an intensification in wage pressures raise the odds of a third consecutive 75bp rate hike in September," said Mickey Levy at Berenberg Capital Markets.
"Moreover, as we have argued, this should prompt markets to reassess their optimistic views of a relatively low terminal rate."
Foreign trade data out of China, on Sunday, were also likely to be another key focus for investors.
Inflation readings were also scheduled for release in other jurisdictions, including in China, on Wednesday.
A preliminary reading on US consumer confidence, for the month of August, courtesy of the University of Michigan, might also potentially move markets.
Also at the end of the week, the Office for National Statistics was set to publish a preliminary reading for second quarter gross domestic product.
According to Michael Hewson, chief market analyst at CMC Markets UK, the economy may have managed to avoid the slight contraction anticipated by economists thanks to the boost to tourism from summer travel and the Queen's Platinum Jubilee.
On the Continent, CPI readings were due out in Germany and Italy, on Wednesday, followed by those from France and Spain, also on Friday.
Monday August 08
INTERIMS
Clarkson, Diversified Energy Company , Pagegroup
Q2
Taseko Mines Limited NPV (DI)
SPECIAL DIVIDEND PAYMENT DATE
Vivo Energy
FINAL DIVIDEND PAYMENT DATE
Investec
Tuesday August 09
INTERIMS
Abrdn , H&T Group, InterContinental Hotels Group, RPS Group, TI Fluid Systems, Zotefoams
QUARTERLY EX-DIVIDEND DATE
INTERNATIONAL BUSINESS MACHINES CORPORATION COM STK USD0.20 (CDI)
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Record
AGMS
APQ Global Limited, Northern 3 VCT
TRADING ANNOUNCEMENTS
Bellway
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Caffyns, Record
Wednesday August 10
INTERIMS
Arix Bioscience , Atalaya Mining, CLS Holdings, ContourGlobal , Genuit Group, Hostelworld Group , Legal & General Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (GER) (07:00)
Consumer Price Index (US) (13:30)
Crude Oil Inventories (US) (15:30)
MBA Mortgage Applications (US) (12:00)
Wholesales Inventories (US) (15:00)
Q2
Atalaya Mining
GMS
Unbound Group
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Tristel
AGMS
Ariana Resources, Cadence Minerals, CML Microsystems, Foresight Group Holdings Limited NPV, Mountview Estates, Northern 2 VCT
Thursday August 11
INTERIMS
Derwent London, Empiric Student Property , Empresaria Group, Entain, Network International Holdings, Ocean Wilsons Holdings Ltd., Pressure Technologies, Savills, Spirax-Sarco Engineering
INTERIM DIVIDEND PAYMENT DATE
Dewhurst Group, Dewhurst Group 'A'NON.VTG, Safestore Holdings, Treatt, Unicorn AIM VCT
INTERIM EX-DIVIDEND DATE
Barclays, Baronsmead Second Venture Trust, Baronsmead Venture Trust, Direct Line Insurance Group, Domino's Pizza Group, Fresnillo, Hiscox Limited (DI), IMI, Informa, IP Group, Jupiter Fund Management , Lindsell Train Inv Trust, LMS Capital, LSL Property Services, Man Group, Pearson, Provident Financial, Quartix Technologies, Reach, Rio Tinto, SEGRO, Spirent Communications, Standard Chartered
QUARTERLY EX-DIVIDEND DATE
BP, Honeywell International Inc., I3 Energy , Octopus Renewables Infrastructure Trust , Seplat Energy (DI), The Renewables Infrastructure Group Limited
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (US) (13:30)
Continuing Claims (US) (13:30)
Initial Jobless Claims (US) (13:30)
Producer Price Index (US) (13:30)
SPECIAL DIVIDEND PAYMENT DATE
Unicorn AIM VCT
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Lindsell Train Inv Trust, Me Group International
AGMS
Inspects Group , Marks Electrical Group, Silver Bullet Data Services Group
UK ECONOMIC ANNOUNCEMENTS
RICS Housing Market Survey (00:01)
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CMC Markets
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Ashtead Group, Halfords Group, Iomart Group, Montanaro European Smaller Companies Trust, Riverfort Global Opportunities , Speedy Hire
Friday August 12
INTERIMS
888 Holdings (DI), Flutter Entertainment (CDI)
INTERIM DIVIDEND PAYMENT DATE
Avast, Northern Venture Trust
QUARTERLY PAYMENT DATE
BlackRock Latin American Inv Trust, NB Global Monthly Income Fund Limited Red Ord Shs NPV £, Tufton Oceanic Assets Limited NPV
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Current Account (GER) (10:30)
Import and Export Price Indices (US) (13:30)
Industrial Production (EU) (10:00)
U. of Michigan Confidence (Prelim) (US) (15:00)
SPECIAL DIVIDEND PAYMENT DATE
Bytes Technology Group
EGMS
Fix Price Group Gdr (Each repr 1) (Reg s)
AGMS
iEnergizer Ltd., Pineapple Power Corporation , UPL Limited GDR Reg S
UK ECONOMIC ANNOUNCEMENTS
Balance of Trade (07:00)
GDP (Preliminary) (07:00)
Gross Domestic Product (07:00)
Index of Services (07:00)
Industrial Production (07:00)
Manufacturing Production (07:00)
FINAL DIVIDEND PAYMENT DATE
Bytes Technology Group , Cropper (James), Elixirr International , Industrials Reit Limited, MS International, Next Fifteen Communications, Octopus AIM VCT, Sanderson Design Group