Week ahead: All eyes on referendum outcome
Thursday, 23 June, and the result of the UK’s referendum on whether or not to continue within the European Union is all that will matter this week for financial markets.
Yes, many other important events are also scheduled for throughout the week, but their potential implications for investors – especially those in the UK and Europe - pale by comparison.
Also worth noting, data set for release on 18 June regarding new home price data in China might be particularly worth watching.
“Though it’s not our baseline we think the PBOC would cut policy interest rates if needed to sustain the housing recovery,” economists at ING said in a research note sent to clients.
Fed chair Janet Yellen’s half-yearly testimony on monetary policy before the US Senate’s Banking Committee, on Wednesday, might also garner a fair bit of attention.
Readings on orders for US durable goods in May and consumer confidence in June may also help to inform investors’ views on the current state of the US economy.
Monday 20 June
INTERIM DIVIDEND PAYMENT DATE
UDG Healthcare Public Limited Company
QUARTERLY PAYMENT DATE
SQN Asset Finance Income Fund Limited C SHS NPV
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Producer Price Index (GER) (07:00)
EGMS
Greka Engineering & Technology Ltd. (DI), OAO Novatek GDR (Reg S)
AGMS
Ascent Resources, Cathay International Holdings Ltd., Electrical Geodesics Inc. (DI), Microsaic Systems, Premier Technical Services Group , Rasmala, Tarsus Group, Valirx, Vimetco NV GDR (Reg S)
FINAL DIVIDEND PAYMENT DATE
BlackRock Smaller Companies Trust, ICG Enterprise Trust, IFG Group, Kingfisher, NMC Health, Pagegroup
FINAL EX-DIVIDEND DATE
Tongaat-Hulett Ltd.
Tuesday 21 June
INTERIM DIVIDEND PAYMENT DATE
Utilitywise plc
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
ZEW Survey (EU) (10:00)
ZEW Survey (GER) (10:00)
FINALS
Photo-Me International
ANNUAL REPORT
SSE
EGMS
JPMorgan Senior Secured Loan Fund Limited
AGMS
BlackRock Emerging Europe, Coca-Cola HBC AG (CDI), Futura Medical, Global Resources Investment Trust , Saga , Strategic Minerals, Whitbread
UK ECONOMIC ANNOUNCEMENTS
Public Sector Net Borrowing (09:30)
FINAL DIVIDEND PAYMENT DATE
Capital & Counties Properties , M. P. Evans Group, Powerflute Oyj (DI)
Wednesday 22 June
INTERIM DIVIDEND PAYMENT DATE
DFS Furniture
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Confidence (EU) (15:00)
Crude Oil Inventories (US) (15:30)
Existing Home Sales (US) (15:00)
House Price Index (US) (14:00)
MBA Mortgage Applications (US) (12:00)
FINALS
Press Corp. GDR (Reg S)
ANNUAL REPORT
Worldwide Healthcare Trust
AGMS
Cadogan Petroleum, Carador Income Fund USD Shares, Cdialogues , Defenx, DW Catalyst Fund Limited Red Shs GBP, Hon Hai Precision Industry Co. Ltd. GDR (Reg S), Inspiration Healthcare Group , Oxford Pharmascience Group , Press Corp. GDR (Reg S), Randall & Quilter Investment Holdings (DI), Richoux Group, Sovereign Mines of Africa, Taliesin Property Fund Limited, Third Point Offshore Investors Ltd. GBP Shares, TLA Worldwide , Ubisense Group, Venture Life Group, Wentworth Resources Ltd (DI)
UK ECONOMIC ANNOUNCEMENTS
BBA Mortgage Lending Figures (09:30)
CBI Industrial Trends Surveys (00:00)
Thursday 23 June
INTERIM DIVIDEND PAYMENT DATE
Cerillion , Euromoney Institutional Investor, Impax Asset Management Group
INTERIM EX-DIVIDEND DATE
Compass Group, Elegant Hotels Group , Gooch & Housego, RWS Holdings
QUARTERLY PAYMENT DATE
Total SA, UIL Limited (DI)
QUARTERLY EX-DIVIDEND DATE
Assura , BlackRock Income Strategies Trust , Land Securities Group, Mercantile Investment Trust (The)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (13:30)
Durable Goods Orders (US) (13:30)
Initial Jobless Claims (US) (13:30)
Leading Indicators (US) (15:00)
FINALS
Latham (James), Smith (DS)
SPECIAL EX-DIVIDEND PAYMENT DATE
Castings, Northern 2 VCT, Small Companies Dividend Trust
AGMS
Aberdeen New Thai Inv Trust, Amati VCT , Amati Vct 2, Aureus Mining Inc (DI), BH Global Ltd. GBP Shares, Cambridge Cognition Holdings, Condor Gold, Cyprotex, Exillon Energy, First Derivatives, Flowgroup, Good Energy Group, Hellenic Telecom Industries SA ADS, Lifeline Scientific Inc., Maruwa Co Ltd., New Century AIM VCT 2, PJSC Lukoil B' GDR (144A), Science In Sport, Serica Energy, Tesco
UK ECONOMIC ANNOUNCEMENTS
CBI Distributive Trades Surveys (11:00)
GFK Consumer Confidence (00:05)
FINAL DIVIDEND PAYMENT DATE
British American Inv Trust, Centrica, Gamma Communications, Hunters Property , Keywords Studios, Premier Farnell, STM Group
FINAL EX-DIVIDEND DATE
Anglo Pacific Group, Aurora Investment Trust, B&M European Value Retail S.A. (DI), Bonmarche Holdings, Castings, Charles Stanley Group, CML Microsystems, De La Rue, Fidelity China Special Situations , Fuller Smith & Turner, JD Sports Fashion, KCOM Group, Maruwa Co Ltd., Mitie Group, Montanaro European Smaller Companies Trust, MS International, Norcros, Northern 2 VCT, Octopus AIM VCT, Tex Holdings, TR Property Inv Trust, Triple Point Income VCT C, United Utilities Group, Vertu Motors, Vislink, Wynnstay Properties
Friday 24 June
INTERIM DIVIDEND PAYMENT DATE
Artemis VCT, Electra Private Equity, Juridica Investments Ltd., Majedie Investments, Octopus Eclipse VCT 1, Patisserie Holdings , Titon Holdings, Town Centre Securities, Zoopla Property Group (WI)
QUARTERLY PAYMENT DATE
GLI Alternative Finance
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
IFO Business Climate (GER) (09:00)
IFO Current Assessment (GER) (09:00)
IFO Expectations (GER) (09:00)
FINALS
Polar Capital Holdings
ANNUAL REPORT
Toyota Motor Corp.
SPECIAL DIVIDEND PAYMENT DATE
Artemis VCT
AGMS
Armadale Capital, BCRE - Brack Capital Real Estate Investments N.V. (DI), BH Macro Ltd. GBP Shares, Boohoo.com, Borders & Southern Petroleum, Coretx Holdings, Evgen Pharma, Horizon Discovery Group, Konami Holdings Corporation, Lenta Ltd GDR (Each 5 Repr 1 Ord) (144A) , Metals Exploration, PJSC Tatneft ADS , Proteome Sciences, Public Joint Stock Company Severstal GDR (Reg S), Sirius Minerals
FINAL DIVIDEND PAYMENT DATE
Andrews Sykes Group, Cape, Dignity, Dillistone Group, Flowtech Fluidpower, Inchcape, Manx Telecom , Maven Income & Growth 2 VCT, Mincon Group , Moss Bros Group, Provident Financial, Spectris, Venture Life Group, Xaar