Thursday preview: ECB, IG Group in focus
Investors' focus on Thursday will shift to the other side of the Channel, where the European Central Bank is scheduled to announce its policy decision.
Financial Services
17,060.54
12:29 21/11/24
FTSE 250
20,249.23
12:30 21/11/24
FTSE 350
4,474.29
12:30 21/11/24
FTSE All-Share
4,431.19
12:30 21/11/24
IG Group Holdings
942.50p
12:24 21/11/24
At 1215 BST, rate-setters in Frankfurt are widely expected to announce a 25 basis point reduction in all of the ECB's main policy rates.
That would leave the main refinancing rate at 4.0% and the rate on the deposit facility at 3.5%.
There is also a fair amount of interest in what the monetary authority may have to say on the outlook for policy.
Worth noting, the ECB announcement will precede the US Federal Reserve's rate decision that is due out during the following week.
In the States, at 1230 BST the Department of Labor is scheduled to publish the latest weekly jobless claims figures and monthly producer price data.
IG Group will deliver an update on first quarter revenues on Thursday.
UBS analyst Haley Tam has pencilled in revenues of £257.3m, versus the consensus for £233.8m.
At the time of its full-year results, IG had signalled that it was comfortable with the analyst consensus for full-year FY25 revenues of approximately £1.03m.
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