Week ahead: US presidential debate, CPI in the spotlight

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Sharecast News | 09 Sep, 2024

The key risk event for financial markets over the coming week will be Tuesday's televised presidential election debate in the US between Donald Trump and Kamala Harris.

Polls were slightly in former of Harris heading into Tuesday but a strong showing for either candidate might yet conceivably tip the scales in favour of either one.

Next most important for investors would be the US consumer price report due out on Wednesday.

Consensus was for a very large three tenths of a percentage point decline in the annualised rate of increase for headline inflation to 2.6% in August.

Talk in markets was that it could decide whether the Federal Reserve went for a 25 or 50 basis point cut in interest rates on 18 September.

Next up, on Thursday the European Central Bank was expected to announce a further 25 basis point reduction in interest rates.

At the start of the week meanwhile, on Monday, investors would be on the lookout for the latest Chinese consumer price figures covering the month of August.

They would be followed the next day by a reading on Chinese foreign trade covering that same month.

On home shores, Tuesday would see the release of the July employment report.

Monday 09 September

INTERIMS

Brave Bison Group, Norman Broadbent , Sigmaroc , Symphony Environmental Technologies, The Pebble Group

INTERIM DIVIDEND PAYMENT DATE

Baronsmead Second Venture Trust, Baronsmead Venture Trust, International Consolidated Airlines Group SA (CDI), Mony Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Credit (US) (20:00)

Wholesales Inventories (US) (15:00)

GMS

Facilities by ADF, Tomco Energy

AGMS

Great Southern Copper

TRADING ANNOUNCEMENTS

Computacenter

FINAL DIVIDEND PAYMENT DATE

Braemar , Iomart Group

Tuesday 10 September

INTERIMS

BlackBird, Central Asia Metals, Chesnara, Elecosoft Public Limited Company, Equals Group , Finseta, Finseta, Flowtech Fluidpower, Futura Medical, Hvivo, Inspects Group , IQE, Itaconix , Lords Group Trading, Luceco , MPAC Group, Nexteq, Property Franchise Group, Serica Energy, The Artisanal Spirits Company, Tissue Regenix Group

INTERIM DIVIDEND PAYMENT DATE

Lloyds Banking Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

FINALS

Newmark Security PLC

AGMS

Chariot Limited, Monks Inv Trust, Renold, Trifast

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Unemployment Rate (07:00)

FINAL DIVIDEND PAYMENT DATE

Ashtead Group

Wednesday 11 September

INTERIMS

Anpario, Epwin Group, M Winkworth, The Gym Group, Trustpilot Group , VH Global Sustainable Energy Opportunities

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

GMS

Societatea Nationala De Gaze Naturale Romgaz S.A. GDR (Reg S)

FINALS

Dunelm Group, Frontier Developments, Pan African Resources, Ricardo

EGMS

AB Ignitis Grupe GDR (Reg S), Boku, Inc (DI) Reg S Cat 3/144A, Societatea Nationala De Gaze Naturale Romgaz S.A. GDR (Reg S)

AGMS

Brickability Group , Hornby, MobilityOne Ltd., Polar Capital Technology Trust, ProCook Group, Sorted Group Holdings, Warehouse Reit

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

FINAL DIVIDEND PAYMENT DATE

BT Group, Creightons

Thursday 12 September

INTERIMS

Aquis Exchange , Checkit, Harworth Group, Inspired, Keystone Law Group , Oakley Capital Investments Ltd. (DI), Spire Healthcare Group

INTERIM EX-DIVIDEND DATE

Alpha Group International, Apax Global Alpha Limited , Athelney Trust, Bakkavor Group , Cairn Homes (CDI), Churchill China, Costain Group, Dalata Hotel Group (CDI), Direct Line Insurance Group, Endeavour Mining, Eurocell , Globalworth Real Estate Investments Limited, Grafton Group Ut (CDI), International Public Partnerships Ltd., Intertek Group, Irish Continental Group Units (Comp) (CDI), Macfarlane Group, Mears Group, Midwich Group, Pollen Street Group Limited, Sherborne Investors (Guernsey) C Limited NPV, TT Electronics, Uniphar (CDI)

QUARTERLY PAYMENT DATE

Brunner Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Budget Statement (US) (19:00)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Producer Price Index (US) (13:30)

GMS

Sovereign Metals Limited NPV (DI)

FINALS

Brooks Macdonald Group, Kier Group, Renishaw

ANNUAL REPORT

Invesco Asia Trust

AGMS

Baker Steel Resources Trust Ltd., Eckoh, Invesco Asia Trust, Solid State, Twentyfour Income Fund Limited Ord Red

TRADING ANNOUNCEMENTS

Trainline

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL EX-DIVIDEND DATE

Baltic Classifieds Group, BHP Group Limited NPV (DI), Colefax Group, DSW Capital, National Westminster 9%pf, Trifast

Friday 13 September

INTERIM DIVIDEND PAYMENT DATE

Clarkson, Ibstock , Keller Group, Lancashire Holdings Limited, LMS Capital, NATWEST GROUP, Reckitt Benckiser Group, TI Fluid Systems, Vesuvius

INTERIM EX-DIVIDEND DATE

CK Infrastructure Holdings Limited (CDI)

QUARTERLY PAYMENT DATE

Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD), Petrotal Corporation NPV (DI), Tritax Eurobox (EUR), Tritax Eurobox (GBP)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Import and Export Price Indices (US) (13:30)

Industrial Production (EU) (10:00)

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

GMS

Bank of Cyprus Holdings Public Limited Company (CDI)

EGMS

Bank of Cyprus Holdings Public Limited Company (CDI), Jlen Environmental Assets Group Limited NPV

AGMS

British Smaller Companies VCT 2, Dish TV India Limited GDR (Each Repr One Shr), Jlen Environmental Assets Group Limited NPV

FINAL DIVIDEND PAYMENT DATE

Baillie Gifford UK Growth Trust, Halfords Group, Lindsell Train Inv Trust

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