Week ahead: Focus to shift towards Asia
Financial markets are expected to quieten down in the coming week following the ECB’s damp squib and the latest US non-farm payrolls report.
Nevertheless, anticipation is likely to build as the date of the next US Federal Reserve policy meeting nears, although the likelihood of an interest rate increase is now considered to be very high.
A barrage of data out of China and Japan will also draw close scrutiny.
Japan will publish final figures on third quarter gross domestic product and foreign trade on Monday.
Chinese export data will follow on the next day, alongside the latest readings on inflation in the Asian giant on Wednesday and the latest investment and industrial production figures which are scheduled for release on Saturday.
The data calendar Stateside will be backend loaded, with the latest retail sales, producer prices and University of Michigan consumer confidence reports all set for release next Friday.
Investors will also win a reprieve from Fed speak as rate-setters on the other side of the Pond enter their quiet period ahead of the following week’s meeting.
The Monetary Policy Committee isn’t expected to make any changes when it meets on Thursday, although the records of the Bank of England’s Financial Policy Committee on Wednesday may attract some attention.
Final gross domestic product figures for the third quarter, on Tuesday, will be the main release in the Eurozone.
Monday 07 December
INTERIMS
Plastics Capital, ReNeuron Group
INTERIM DIVIDEND PAYMENT DATE
DCC
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Credit (US) (20:00)
Harmonised Competitiveness Indicators (EU) (09:00)
Industrial Production (GER) (11:00)
Q4
GW Pharmaceuticals
GMS
Ixico
FINALS
GW Pharmaceuticals, Standard Life European Private Equity Trust
EGMS
Public Power GDR SA (Reg S)
AGMS
Armour Group, Avanti Capital, Eclectic Bar Group, Parallel Media Group
FINAL DIVIDEND PAYMENT DATE
Just Retirement Group, Petra Diamonds Ltd.(DI)
FINAL EX-DIVIDEND DATE
Aeci 5 1/2% Prf
Tuesday 08 December
INTERIMS
Daily Internet , Hornby, Polar Capital Technology Trust, Vianet Group
INTERIM DIVIDEND PAYMENT DATE
Rotala
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
GDP (1st release) (EU) (10:00)
FINALS
CareTech Holding, Infrastrata, OMG, RWS Holdings, Servoca, Treatt, Victrex plc, Zytronic
EGMS
Gulf Keystone Petroleum Ltd.(DI)
AGMS
Billing Services Group Ltd., C4X Discovery Holdings , GETECH Group, Schroder Oriental Income Fund Ltd., Ten Alps, Trading Emissions
UK ECONOMIC ANNOUNCEMENTS
BRC Sales Monitor (00:01)
Industrial Production (09:30)
Manufacturing Production (09:30)
FINAL DIVIDEND PAYMENT DATE
ISG
Wednesday 09 December
INTERIMS
Ashtead Group, Bilby, Scholium Group, Stagecoach Group
QUARTERLY PAYMENT DATE
Unilever
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (15:30)
MBA Mortgage Applications (US) (12:00)
Wholesales Inventories (US) (15:00)
Q2
Ashtead Group
FINALS
Alternative Networks, easyHotel, Focusrite, Redhall Group
IMSS
Tesco
AGMS
EastPharma Ltd GDR (Reg S), Falcon Oil & Gas Ltd., International Biotech Trust, K3 Business Technology Group, Shore Capital Group Ltd.
UK ECONOMIC ANNOUNCEMENTS
BRC Shop Price Index (00:01)
Thursday 10 December
INTERIMS
Darty, Micro Focus International, Photo-Me International, Sports Direct International, Versarien
INTERIM EX-DIVIDEND DATE
3i Group, Babcock International Group, BCA Marketplace, Big Yellow Group, British Smaller Companies VCT, Brown (N.) Group, Caffyns, Clipper Logistics , Cranswick, Cropper (James), Dee Valley Group, DFS Furniture, General Industries, Homeserve, International Greetings, Investec, Montanaro European Smaller Companies Trust, MS International, Next, Northgate, Palace Capital , Pets at Home Group , Telford Homes, Ventus VCT D Shs, Ventus 2 VCT, Ventus 2 VCT 'C' Shares, Ventus 2 VCT D Shs, Ventus VCT, Ventus VCT 'C' Shares
QUARTERLY PAYMENT DATE
Canaccord Genuity Group Inc., IBM Corp.
QUARTERLY EX-DIVIDEND DATE
F&C Commercial Property Trust Ltd., Real Estate Credit Investments PCC Ltd, Real Estate Credit Investments PCC Ltd Pref Shs
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Continuing Claims (US) (13:30)
Import and Export Price Indexes (US) (13:30)
Initial Jobless Claims (US) (13:30)
Treasury Budget Statement (US) (19:00)
GMS
Ferrex
FINALS
Lakehouse, TUI AG Reg Shs (DI)
ANNUAL REPORT
TUI AG Reg Shs (DI)
SPECIAL EX-DIVIDEND PAYMENT DATE
Artemis VCT, Keystone Inv Trust, Netcall, Polymetal International
EGMS
Norish Units
AGMS
AB Dynamics, Aberdeen Latin American Income Fund Ltd , BlackRock Greater Europe Inv Trust, Greatland Gold, Nanoco Group, Nektan (DI), Plexus Holdings, Starvest
TRADING ANNOUNCEMENTS
Go-Ahead Group, PZ Cussons
UK ECONOMIC ANNOUNCEMENTS
Balance of Trade (09:30)
BoE Interest Rate Decision (12:00)
BoE Interest Rate Minutes (09:30)
RICS Housing Market Survey (09:30)
FINAL DIVIDEND PAYMENT DATE
Fidelity Asian Values, Finsbury Food Group
FINAL EX-DIVIDEND DATE
Artemis VCT, Associated British Foods, DFS Furniture, JPMorgan Chinese Inv Trust, K3 Business Technology Group, Netcall, Numis Corporation, Pan African Resources, Scottish Oriental Smaller Companies Trust, Waterman Group
Friday 11 December
INTERIMS
ASA Resource Group , Gresham House Strategic , Polar Capital Holdings
INTERIM DIVIDEND PAYMENT DATE
Amati VCT , Elderstreet VCT, First Derivatives, Grafenia , Hargreave Hale AIM VCT 2, Martin Currie Asia Unconstrained Trust , Next Fifteen Communications, Pennant International Group, Ranger Direct Lending Fund, SThree, TalkTalk Telecom Group , Walker Crips Group, Young & Co's Brewery 'A' Shares
QUARTERLY PAYMENT DATE
Barclays, Carnival
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Business Inventories (US) (15:00)
Consumer Price Index (GER) (07:00)
Manufacturing Inventories (US) (15:00)
Producer Price Index (US) (13:30)
Retail Sales (US) (13:30)
Retail Sales Inventories (US) (15:00)
U. of Michigan Confidence (US) (15:00)
GMS
Standard Life Investments Property Income Trust Ltd.
SPECIAL DIVIDEND PAYMENT DATE
Calculus VCT
EGMS
Bacit Limited, PJSC Megafon GDR (Reg S)
AGMS
Bellway, Bezant Resources, CQS New City High Yield Fund Limited, Forte Energy NL, JPMorgan Elect Managed Cash Shares, JPMorgan Elect Managed Growth Shares, JPMorgan Elect Managed Income Shares, MJ Gleeson , Paragon Entertainment Ltd (DI), River and Mercantile Group , Waterman Group, Westmount Energy Ltd.
TRADING ANNOUNCEMENTS
SThree
FINAL DIVIDEND PAYMENT DATE
Avingtrans, CVS Group, JPMorgan Overseas Inv Trust, Jupiter European Opportunities Trust, London Finance & Investment Group, Matchtech Group, Volta Finance Limited