Week ahead: ECB, Nordstream 1, Global PMIs and UK CPI in the spotlight

Rate-setters in Frankfurt are expected to announce a 25 basis point hike in short-term official interest rates to -0.25% as well as the broad guidelines of their new anti-fragmentation tool.

Worth noting, on the same say day Russia's Gazprom is expected to announce whether or not it will resume natural gas exports to Germany via the Nordstream 1 pipeline.

Ahead of those two events, on Tuesday, the Office for National Statistics will release its UK employment report for May, followed by a reading on June's Consumer Price Index on the following day.

Friday will bring with it a raft of UK data, including for consumer confidence in July and final readings for S&P Global's manufacturing and services sector Purchasing Managers' Indices for that same month.

Stateside meanwhile the week's key economic release will be the Federal Reserve Bank of Philadelphia's regional factory index for July, on Thursday.

In Asia, policy makers in China will decide on interest rates on Wednesday, followed by those in Japan and Indonesia the next day.

Monday 18 July

INTERIMS

Audioboom Group

AGMS

Audioboom Group, Halma, JPMorgan European Discovery Trust

TRADING ANNOUNCEMENTS

Tortilla Mexican Grill, Tristel

FINAL DIVIDEND PAYMENT DATE

Helios Underwriting

Tuesday 19 July

INTERIMS

Photo-Me International, PJSC Magnitogorsk Iron & Steel Works GDR (Reg S), PJSC Magnitogorsk Iron & Steel Works GDR (Reg S)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (13:30)

Housing Starts (US) (13:30)

Q2

PJSC Magnitogorsk Iron & Steel Works GDR (Reg S)

AGMS

Arrow Exploration Corp. (Cdi), Begbies Traynor Group, Clean Power Hydrogen, e-Therapeutics, Norcros, TPXimpact Holdings, Wynnstay Properties

TRADING ANNOUNCEMENTS

BHP Group Limited NPV (DI), City of London Investment Group, IntegraFin Holding, Luceco , Wise Class A

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Unemployment Rate (07:00)

FINAL DIVIDEND PAYMENT DATE

Dr. Martens

Wednesday 20 July

QUARTERLY PAYMENT DATE

Alpha Real Trust Ltd.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Current Account (EU) (09:00)

Existing Home Sales (US) (15:00)

MBA Mortgage Applications (US) (12:00)

Producer Price Index (GER) (07:00)

Q2

Centamin (DI)

AGMS

ADM Energy , Alkemy Capital Investments , Biffa, Bloomsbury Publishing, Deepverge Plc , Experian, Fidelity China Special Situations , HarbourVest Global Private Equity Limited A Shs, HICL Infrastructure , Novacyt S.A. (CDI), PayPoint, Plaza Centers NV, Premier Foods, ProVen Growth & Income VCT, ProVen VCT, Royal Mail, Triad Group, Urban Logistics Reit

TRADING ANNOUNCEMENTS

Petropavlovsk, Royal Mail

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Panther Securities

Thursday 21 July

INTERIMS

Howden Joinery Group, Nokia OYJ

INTERIM EX-DIVIDEND DATE

Avast, Bellevue Healthcare Trust (Red), Blackrock Income And Growth Investment Trust, Hercules Site Services , Micro Focus International, Northern Venture Trust, Porvair

QUARTERLY PAYMENT DATE

Brunner Inv Trust

QUARTERLY EX-DIVIDEND DATE

Custodian Reit , JpMorgan China Growth & Income , JPMorgan Claverhouse Inv Trust, M Winkworth

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

ECB Interest Rate (EU) (13:15)

Initial Jobless Claims (US) (13:30)

Philadelphia Fed Index (US) (13:30)

Q2

Nokia OYJ

FINALS

Redcentric, The Fulham Shore

SPECIAL EX-DIVIDEND DATE

Vivo Energy

AGMS

Big Yellow Group, Edinburgh Inv Trust, Evgen Pharma, Fuller Smith & Turner, Intermediate Capital Group, Intermediate Capital Group, Intermediate Capital Group, Johnson Matthey, Octopus AIM VCT, Pennon Group, QinetiQ Group, SSE, VP, Weiss Korea Opportunity Fund Ltd, Workspace Group, Zephyr Energy

TRADING ANNOUNCEMENTS

AJ Bell, Brewin Dolphin Holdings, Close Brothers Group, Diploma, DP Eurasia N.V. (DI) , Dunelm Group, Frasers Group , Intermediate Capital Group, PensionBee Group , QinetiQ Group, SSE, Workspace Group

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)

FINAL DIVIDEND PAYMENT DATE

Concurrent Technologies, DCC (CDI), Learning Technologies Group , New Century AIM VCT 2, Skillcast Group

FINAL EX-DIVIDEND DATE

Castings, Cranswick, Industrials Reit Limited, Investec, Northern 3 VCT, Pennon Group, Volex

Friday 22 July

INTERIMS

Beazley, Novolipetsk Steel GDS (Reg S)

INTERIM DIVIDEND PAYMENT DATE

Impax Asset Management Group, New Century AIM VCT, RWS Holdings, Tavistock Investments

QUARTERLY PAYMENT DATE

ICG Enterprise Trust, Real Estate Investors

FINALS

FRP Advisory Group

SPECIAL DIVIDEND PAYMENT DATE

Personal Assets Trust

SPECIAL EX-DIVIDEND DATE

SLF Realisation Fund Limited C Shs NPV, SLF Realisation Fund Limited NPV

AGMS

DP Aircraft I Limited Pref , Homeserve, JD Sports Fashion, Landore Resources Limited NPV, President Energy, Quantum Blockchain Technologies, TwentyFour Select Monthly Income Fund Limited , United Utilities Group, WANdisco

UK ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Abrdn Japan Investment Trust , Airtel Africa , Amati AIM Vct , Devro, Flowtech Fluidpower, Land Securities Group, Medica Group , RS Group, Serica Energy