Week ahead: US elections, Bank of England in focus

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Sharecast News | 30 Oct, 2020

Everything over the coming week will pale in significance to the outcome of the US presidential elections.

But it's not only the outcome of the vote that matters, investors will also be watching to see whether the Republican party retains control of the Senate, which is also potentially up for grabs.

Some pundits argue that if Republicans manage to stay in control of the upper chamber of Congress they will be able to stymie policy initiatives from the Democrats, assuming that Joe Biden is voted into the White House.

Historically however, it is not uncommon for Americans to impose their own 'checks and balances' in the division of powers between the executive and legislative arms of government.

Of critical importance too will be whether the result is so narrow as to lead to a high probability of it being contested and if that could result in a long and drawn out process.

Against that backdrop, on Thursday rate-setters at the Bank of England and US Federal Reserve will meet to decide on monetary policy.

For its part, the Monetary Policy Committee is expected to ramp-up Bank's asset purchase facility from £745bn to £845bn.

Monthly US non-farm payroll data are also due out at the end of the week, but on Friday.

Last, but by no means least, Monday will bring with it the key Caixin China manufacturing sector Purchasing Managers' Index for November. It will be followed on 7 November by Chinese foreign trade data referencing that same month.

Monday 02 November

INTERIM DIVIDEND PAYMENT DATE

Ingenta

QUARTERLY PAYMENT DATE

Mercantile Investment Trust (The), Scottish Inv Trust

QUARTERLY EX-DIVIDEND DATE

Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ISM Manufacturing (US) (15:00)

ISM Prices Paid (US) (15:00)

PMI Manufacturing (GER) (08:55)

PMI Manufacturing (EU) (09:00)

Q3

Gran Tierra Energy Inc. (CDI)

GMS

Zephyr Energy

FINALS

Brighton Pier Group (The), Lok'n Store Group

AGMS

Genesis Emerging Markets Fund Ltd Ptg NPV, Manchester & London Investment Trust

TRADING ANNOUNCEMENTS

Hiscox Limited (DI)

UK ECONOMIC ANNOUNCEMENTS

PMI Manufacturing (09:30)

Tuesday 03 November

INTERIMS

Warehouse Reit

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Industrial Production (GER) (07:00)

GMS

Cathay International Holdings Ltd.

FINALS

Associated British Foods, CAP-XX Limited, Up Global Sourcing Holdings

EGMS

Alcentra Euorpean Floating Rate Income Fund Ltd Red Ord Shs

AGMS

KCR Residential Reit

UK ECONOMIC ANNOUNCEMENTS

PMI Construction (09:30)

FINAL DIVIDEND PAYMENT DATE

Redde Northgate

Wednesday 04 November

INTERIMS

Stobart Group Ltd.

INTERIM DIVIDEND PAYMENT DATE

888 Holdings

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (GER) (07:00)

Balance of Trade (US) (13:30)

Crude Oil Inventories (US) (15:30)

Current Account (GER) (07:00)

ISM Prices Paid (US) (15:00)

ISM Services (US) (15:00)

MBA Mortgage Applications (US) (12:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:55)

PMI Composite (US) (14:45)

PMI Services (EU) (09:00)

PMI Services (GER) (08:55)

PMI Services (US) (14:45)

Producer Price Index (EU) (10:00)

GMS

Remote Monitored Systems

FINALS

Gattaca

SPECIAL DIVIDEND PAYMENT DATE

888 Holdings

AGMS

GCP Student Living, Hansard Global, Investment Company, JPMorgan Global Growth & Income, Wilmington

TRADING ANNOUNCEMENTS

Smurfit Kappa Group

UK ECONOMIC ANNOUNCEMENTS

PMI Services (09:30)

Thursday 05 November

INTERIMS

Auto Trader Group , Aveva Group, Sainsbury (J), Trainline, Wincanton, Wizz Air Holdings

INTERIM DIVIDEND PAYMENT DATE

Anglo Asian Mining, EMIS Group, Octopus AIM VCT 2

INTERIM EX-DIVIDEND DATE

Bloomsbury Publishing, Downing Three VCT H Shs, Downing Three VCT J Shs, LLoyds Banking Group 9.25% Non-Cum Irredeemable Pref Shares, LLoyds Banking Group 9.75% Non-Cum Irredeemable Pref Shares, New Century AIM VCT, Steppe Cement Ltd, Tribal Group

QUARTERLY EX-DIVIDEND DATE

BP, Custodian Reit , Greencoat Renewables, Picton Property Income Ltd, Tufton Oceanic Assets Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Factory Orders (GER) (07:00)

Initial Jobless Claims (US) (13:30)

Q3

Amryt Pharma, AstraZeneca, Bank Pekao SA GDS (Reg S)

FINALS

BowLeven, Kin and Carta , RDI Reit

ANNUAL REPORT

Applied Graphene Materials

SPECIAL EX-DIVIDEND DATE

Softcat

AGMS

Arc Minerals Limited NPV (DI), JPMorgan Emerging Markets Inv Trust, Panthera Resources , PCI-PAL

TRADING ANNOUNCEMENTS

DWF Group , Hansard Global, Howden Joinery Group, Lancashire Holdings Limited, RSA Insurance Group, Superdry

UK ECONOMIC ANNOUNCEMENTS

PMI Construction (09:30)

FINAL DIVIDEND PAYMENT DATE

Begbies Traynor Group, DWF Group

FINAL EX-DIVIDEND DATE

Ashmore Group, Clinigen Group, Dechra Pharmaceuticals, EKF Diagnostics Holdings , Ideagen, Jupiter UK Growth Investment Trust, New Star Investment Trust, NWF Group, Schroder Japan Growth Fund, Softcat

Friday 06 November

INTERIM DIVIDEND PAYMENT DATE

Fisher (James) & Sons, Hastings Group Holdings , Highcroft Investment, Judges Scientific, M. P. Evans Group, Robert Walters, Spirax-Sarco Engineering, TP ICAP, Trans-Siberian Gold, WPP

QUARTERLY PAYMENT DATE

BMO UK High Income Trust , Marble Point Loan Financing Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Industrial Production (GER) (07:00)

Non-Farm Payrolls (US) (13:30)

Unemployment Rate (US) (13:30)

Wholesales Inventories (US) (15:00)

SPECIAL DIVIDEND PAYMENT DATE

Alfa Financial Software Holdings , BMO UK High Income Trust B Shares

AGMS

Adriatic Metals , Redrow

FINAL DIVIDEND PAYMENT DATE

Brooks Macdonald Group, Circle Property , Manchester & London Investment Trust, NCC Group

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