Week ahead: China-US trade spat, US CPI in focus

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Sharecast News | 05 Aug, 2018

The market spotlight over the coming week will likely continue to be on the ongoing trade spat between China and the US, in particular.

Chinese data will also be one of the main focal points over the course of the week, with readings on the country's foreign exchange reserves in July and consumer prices scheduled for release on Tuesday and Thursday, respectively.

Coincidentally, the Reserve Bank of Australia and Reserve Bank of New Zealand are both due to make policy announcements, on Tuesday and Wednesday.

Nevertheless, the most sensitive bit of data is likely to come out of the US, in the form of a reading on consumer prices for the month of July.

The consensus call is for a headline rate of gains of 3.0% year-on-year and a 'core' rate of 2.3%, with the latter unchanged from the previous month.

Lastly, back in the UK, Friday will bring with it a preliminary reading on second quarter gross domestic product, which is expected to reveal a dip in growth to a 0.2% pace quarter-on-quarter.

In parallel, ONS will release June readings on industrial and construction output and international trade.

Monday 06 August

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Factory Orders (US) (07:00)

FINALS

Omega Diagnostics Group

INTERIMS

HSBC Holdings, SDL, Synthomer, Ultra Electronics Holdings, Ultra Electronics Holdings

AGMS

Solo Oil

FINAL DIVIDEND PAYMENT DATE

B&M European Value Retail S.A. (DI), CML Microsystems, JD Sports Fashion, Mitie Group

Tuesday 07 August

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (GER) (07:00)

Current Account (GER) (07:00)

Industrial Production (GER) (07:00)

Consumer Credit (US) (20:00)

UK ECONOMIC ANNOUNCEMENTS

Halifax House Price Index (08:30)

INTERIMS

Clarke (T.), Contour Global , Domino's Pizza Group, InterContinental Hotels Group, Intertek Group, IWG , Meggitt, Old Mutual Limited NPV (DI), Rotork, Standard Life Aberdeen, TP ICAP, Verona Pharma, Zotefoams

TRADING ANNOUNCEMENTS

Old Mutual Limited, UDG Healthcare Public Limited Company

GMS

HSS Hire Group

FINALS

Hargreaves Lansdown

SPECIAL DIVIDEND PAYMENT DATE

Puma VCT 9

FINAL DIVIDEND PAYMENT DATE

Intermediate Capital Group, Johnson Matthey

Wednesday 08 August

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

INTERIMS

Glencore, Hastings Group Holdings, Hill & Smith Holdings, Mereo Biopharma Group, Morgan Sindall Group, Paddy Power Betfair, Paddy Power Betfair, Pagegroup, Prudential, Sampo OYJ, Secure Trust Bank, Share plc, Societatea Nationala De Gaze Naturale Romgaz S.A. GDR (Reg S), Spirax-Sarco Engineering, Stock Spirits Group , TI Fluid Systems

TRADING ANNOUNCEMENTS

Mereo Biopharma Group, SCS Group, TUI AG Reg Shs (DI), UDG Healthcare Public Limited Company

GMS

Puma VCT 9

SPECIAL DIVIDEND PAYMENT DATE

M Winkworth

AGMS

Bushveld Minerals Limited, Footasylum, Investec, Majestic Wine, Puma Vct 11, Puma VCT 12 , Puma VCT 9, TechFinancials (DI), Tongaat-Hulett Ltd.

FINAL DIVIDEND PAYMENT DATE

F&C Global Smaller Companies, JPMorgan Japan Smaller Companies Trust, Ventus 2 VCT, Ventus 2 VCT 'C' Shares, Ventus VCT, Ventus VCT 'C' Shares

QUARTERLY PAYMENT DATE

British American Tobacco, JPMorgan Asian Investment Trust

Thursday 09 August

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Producer Price Index (US) (13:30)

Wholesales Inventories (US) (15:00)

INTERIMS

Cineworld Group, Coca-Cola HBC AG (CDI), Derwent London, Evraz, G4S, Ibstock , Legal & General Group, Randgold Resources Ltd., Tritax Big Box Reit

SPECIAL DIVIDEND PAYMENT DATE

LXB Retail Properties

SPECIAL EX-DIVIDEND DATE

Absrforth Split Level Income Trust , Artemis VCT, New Century AIM VCT, Northern Bear

AGMS

Itaconix , NextEnergy Solar Fund Limited Red, Premier African Minerals Ltd

TRADING ANNOUNCEMENTS

G4S

FINAL DIVIDEND PAYMENT DATE

Caledonia Investments, Impellam Group, VP

FINAL EX-DIVIDEND DATE

BT Group, D4T4 Solutions, Diageo, New Century AIM VCT, Northern Bear, Northgate, PZ Cussons, RPC Group

INTERIM EX-DIVIDEND DATE

4Imprint Group, Aberforth Smaller Companies Trust, Amino Technologies, Avon Rubber, Direct Line Insurance Group, Fevertree Drinks, Fresnillo, Hiscox Limited (DI), IMI, Informa, Jupiter Fund Management , Keller Group, Law Debenture Corp., LSL Property Services, Man Group, McColl's Retail Group , Oxford Technology 4 Venture Capital Trust, Rentokil Initial, Rio Tinto, RM, Spirent Communications, St. Modwen Properties, Standard Chartered, Vesuvius, Virgin Money Holdings (UK)

QUARTERLY EX-DIVIDEND DATE

BP, Brunner Inv Trust, Chenavari Toro Income Fund Limited NPV, Fair Oaks Income Limited 2017 Shs NPV, GlaxoSmithKline, IBM Corp., JPMorgan Claverhouse Inv Trust, Lazard World Trust Fund, Picton Property Income Ltd, Royal Dutch Shell 'A', Royal Dutch Shell 'B', Tufton Oceanic Assets Limited NPV

Friday 10 August

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (09:30)

GDP (Preliminary) (09:30)

Gross Domestic Product (09:30)

Index of Services (09:30)

Industrial Production (09:30)

Manufacturing Production (09:30)

RICS Housing Market Survey (00:01)

INTERIMS

Afarak Group (DI), Vitec Group

TRADING ANNOUNCEMENTS

Afarak Group, Volution Group (WI)

ANNUAL REPORT

Adams

SPECIAL DIVIDEND PAYMENT DATE

Martin Currie Asia Unconstrained Trust

AGMS

Adams, Heath (Samuel) & Sons, iEnergizer Ltd.

FINAL DIVIDEND PAYMENT DATE

Babcock International Group, Cropper (James), Dairy Crest Group, Liontrust Asset Management, Martin Currie Asia Unconstrained Trust , Speedy Hire, Tatton Asset Management , Walker Greenbank

INTERIM DIVIDEND PAYMENT DATE

JPMorgan Multi-Asset Trust, Sanderson Group, Schroder UK Mid Cap Fund, Unicorn AIM VCT

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