Week ahead: UK wage data, US CPI in focus
Investors' focus over the coming week would be on wage data for the month of May in the UK.
According to Michael Hewson, chief market analyst at CMC Markets UK: "short term yields have continued to rise in anticipation of further rate rises in the coming months, and if this week's wage numbers for May continue to look sticky, the central bank may find it has no good options when it comes to getting prices under control."
Those figures would be published on Tuesday at 0700 BST.
They will be followed by a reading on US consumer prices the next day.
Consensus was that the Department of Labor would announce that the headline rate of CPI slowed from 4.0% in May to 3.1% in June.
Core CPI on the other hand was only seen ebbing from 5.3% to 5.0%.
Interest rate decisions were scheduled for Wednesday in Canada and New Zealand.
US producer price data were also scheduled for release, on Thursday, and the University of Michigan's consumer confidence survey for July on Friday.
In Asia, the market spotlight would be on Chinese consumer and producer price data on Monday.
Chinese foreign trade statistics were scheduled for release on Friday.
Monday July 10
QUARTERLY EX-DIVIDEND DATE
General Electric Co (CDI)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Credit (US) (20:00)
Wholesales Inventories (US) (15:00)
GMS
Altona Rare Earths
FINALS
ECO Animal Health Group, OnTheMarket
ANNUAL REPORT
Zanaga Iron Ore Co. Ltd (DI), Zanaga Iron Ore Co. Ltd (DI)
AGMS
Brown (N.) Group, Financials Acquisition Corp Wts Npv (DI), More Acquisitions, National Grid, Sirius Real Estate Ltd., Steppe Cement Ltd, Trufin
TRADING ANNOUNCEMENTS
MJ Gleeson , OMV Petrom S.A. GDR (REG S)
FINAL DIVIDEND PAYMENT DATE
3i Infrastructure, Capital Gearing Trust, Great Portland Estates
Q1
Big Yellow Group
Tuesday July 11
INTERIMS
Synectics, Synectics, Synectics
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (GER) (07:00)
ZEW Survey (EU) - Economic Sentiment (10:00)
ZEW Survey (GER) - Current Situation (10:00)
ZEW Survey (GER) - Economic Sentiment (10:00)
FINALS
Begbies Traynor Group, D4T4 Solutions, Kinovo , Sosandar, Trifast
ANNUAL REPORT
Monks Inv Trust
SPECIAL DIVIDEND PAYMENT DATE
Plus500 Ltd (DI)
AGMS
Active Energy Group, British Land Company, Octopus Apollo VCT, Windar Photonics
TRADING ANNOUNCEMENTS
Vistry Group
UK ECONOMIC ANNOUNCEMENTS
BRC Sales Monitor (00:01)
Claimant Count Rate (07:00)
Unemployment Rate (07:00)
FINAL DIVIDEND PAYMENT DATE
EMIS Group, Pets at Home Group , Plus500 Ltd (DI)
Wednesday July 12
INTERIM DIVIDEND PAYMENT DATE
Renew Holdings
QUARTERLY PAYMENT DATE
Assura , Duke Royalty Limited
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (US) (13:30)
Crude Oil Inventories (US) (15:30)
MBA Mortgage Applications (US) (12:00)
GMS
Capital Metals, Safestore Holdings
FINALS
Ashmore Group, Carclo, Loungers , Renold
AGMS
Burberry Group, Bytes Technology Group , LondonMetric Property, ProVen Growth & Income VCT, ProVen VCT, Wincanton
TRADING ANNOUNCEMENTS
Ten Entertainment Group , Tullow Oil
FINAL DIVIDEND PAYMENT DATE
M&C Saatchi, Michelmersh Brick Holdings, Pharos Energy
Thursday July 13
INTERIMS
MusicMagpie
INTERIM EX-DIVIDEND DATE
Character Group, Heavitree Brewery, Heavitree Brewery 'A' Shares, Kitwave Group, Leeds Building Society 13 3/8% Bearing Shares, Schroder UK Mid Cap Fund, Shoe Zone, Unicorn AIM VCT , WH Smith
QUARTERLY PAYMENT DATE
GSK, XP Power Ltd. (DI)
QUARTERLY EX-DIVIDEND DATE
BlackRock Latin American Inv Trust, British American Tobacco, Ediston Property Investment Company, JPMorgan Asia Growth & Income, JPMorgan Japan Small Cap Growth & Income, Middlefield Canadian Income PCC, Supermarket Income Reit
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Budget Statement (US) (19:00)
Continuing Claims (US) (13:30)
Industrial Production (EU) (10:00)
Initial Jobless Claims (US) (13:30)
Producer Price Index (US) (13:30)
FINALS
DSW Capital, Ilika
SPECIAL EX-DIVIDEND DATE
Record
AGMS
Aminex (CDI), BATM Advanced Communications Ltd., BT Group, Clontarf Energy , CT Automotive Group, DCC (CDI), Dr. Martens , Helical, Renewi , RS Group
TRADING ANNOUNCEMENTS
Barratt Developments, Experian, Hays
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)
RICS Housing Market Survey (00:01)
FINAL DIVIDEND PAYMENT DATE
Good Energy Group, Young & Co's Brewery 'A' Shares, Young & Co's Brewery (Non-Voting)
FINAL EX-DIVIDEND DATE
Anpario, Aquila Services Group, Caffyns, CMC Markets, FirstGroup, Halma, Ingenta, Marks Electrical Group, Record, Sanderson Design Group, Sirius Real Estate Ltd., The Mission Group, Triad Group, Wincanton
Friday July 14
INTERIM DIVIDEND PAYMENT DATE
AVI Global Trust , Topps Tiles
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
Import and Export Price Indices (US) (13:30)
U. of Michigan Confidence (Prelim) (US) (15:00)
Wholesale Price Index (GER) (07:00)
SPECIAL DIVIDEND PAYMENT DATE
Rurelec
AGMS
Templeton Emerging Markets Inv Trust
TRADING ANNOUNCEMENTS
Ashmore Group, Liontrust Asset Management, Mcbride
FINAL DIVIDEND PAYMENT DATE
Animalcare Group, Bank of Georgia Group, Computacenter, Helios Underwriting, HSS Hire Group , Informa, Learning Technologies Group , Maven Income & Growth VCT, Sainsbury (J), Severn Trent