Week ahead: Brexit, BoE in the spotlight

Against that uncertain backdrop, policymakers at the Bank of England will have their work cut out for them when they meet on Thursday.

So, while they are not expected to move on policy, they will undoubtedly be keeping a close eye on proceedings between London and Brussels.

To take note of, discussion of banks’ preparedness for a possible move towards negative interest rates will likely wait until January.

Also due out over the week are readings on monthly UK unemployment, consumer prices and retail sales on Tuesday, Wednesday, and Friday, respectively.

On Thursday, investors will be wading through a slew of potentially market-moving Purchasing Managers Indices for the euro area and UK’s manufacturing and services sectors.

Stateside, the big day will be Wednesday, when the Federal Reserve will announce its own monetary policy decision with analysts at Barclays Research anticipating that it will shift towards more qualitative guidance for continuing asset purchases – a reflection of the recently improved economic prospects.

Tuesday meanwhile will bring with it a raft of economic data in the People’s Republic of China, including for fixed asset investment, industrial production, and retail sales in November.

Interest rate decisions are also due out from Switzerland and Norway, on Wednesday, followed by announcements from central banks in the Philippines, Indonesia and Taiwan, all of the latter on Thursday.

Rate-setters at Bank of Japan will announce their latest policy decisions on Friday.

Monday 14 December

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Industrial Production (EU) (10:00)

ANNUAL REPORT

Premier Miton Group

EGMS

The Renewables Infrastructure Group Limited

AGMS

Celtic, Fidelity Special Values, Kibo Energy, Proactis Holdings, River and Mercantile Group

TRADING ANNOUNCEMENTS

SThree

FINAL DIVIDEND PAYMENT DATE

North Atlantic Smaller Companies Inv Trust, YouGov

Tuesday 15 December

INTERIMS

Purplebricks Group, Ramsdens Holdings

INTERIM DIVIDEND PAYMENT DATE

Volex

QUARTERLY PAYMENT DATE

Canadian General Investments Ltd.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Capacity Utilisation (US) (14:15)

Import and Export Price Indices (US) (13:30)

Industrial Production (US) (14:15)

FINALS

Chemring Group, Driver Group, Shaftesbury

ANNUAL REPORT

Ramsdens Holdings

AGMS

Applied Graphene Materials , Blancco Technology Group, International Biotech Trust, Sareum Holdings, Tristel

TRADING ANNOUNCEMENTS

IG Group Holdings

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Unemployment Rate (07:00)

FINAL DIVIDEND PAYMENT DATE

Aeci 5 1/2% Prf, Asia Dragon Trust , Craneware, Pan African Resources

Wednesday 16 December

INTERIMS

Dixons Carphone , FRP Advisory Group

QUARTERLY PAYMENT DATE

Royal Dutch Shell ‘A’, Royal Dutch Shell ‘B’

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

Business Inventories (US) (15:00)

MBA Mortgage Applications (US) (12:00)

Retail Sales (US) (13:30)

GMS

InnovaDerma, Tavistock Investments

FINALS

Real Good Food

ANNUAL REPORT

Edinburgh Worldwide Inv Trust

AGMS

InnovaDerma, Ncondezi Energy Limited (DI), Oilex Ltd., Orosur Mining Inc, United Carpets Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Price Index (07:00)

Thursday 17 December

INTERIMS

Watches of Switzerland Group

INTERIM DIVIDEND PAYMENT DATE

Manolete Partners

INTERIM EX-DIVIDEND DATE

Alliance Pharma, Cohort, Cranswick, Creightons, Discoverie Group, GB Group, JPMorgan Euro Small Co. Trust, Octopus AIM VCT, Redde Northgate, Sirius Real Estate Ltd., United Utilities Group, Ventus VCT D Shs, Ventus 2 VCT, Ventus 2 VCT ‘C’ Shares, Ventus 2 VCT D Shs, Ventus VCT, Ventus VCT ‘C’ Shares, Vodafone Group

QUARTERLY EX-DIVIDEND DATE

British American Tobacco, Mercantile Investment Trust (The), Volta Finance Limited, Volta Finance Limited NPV (GBP)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (13:30)

Consumer Price Index (EU) (10:00)

Continuing Claims (US) (13:30)

Housing Starts (US) (13:30)

Initial Jobless Claims (US) (13:30)

FINALS

IntegraFin Holding, SSP Group

SPECIAL EX-DIVIDEND DATE

Morrison (Wm) Supermarkets, RDL Realisation , VP

EGMS

Ryanair Holdings

AGMS

Amiad Water Systems Ltd, Avengardco Investments Public Ltd GDR, BATM Advanced Communications Ltd., Eqtec, European Metals Holding Limited (DI), European Metals Holding Limited (DI), Falanx Group Ltd, Focusrite, Frontier IP Group, Griffin Mining Ltd., Kier Group, Netcall, Ovoca Bio, Petra Diamonds Ltd.(DI), Solgold, Transense Technologies, Wetherspoon (J.D.)

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

FINAL EX-DIVIDEND DATE

Barings Emerging Emea Opportunities , Britvic, Numis Corporation

Friday 18 December

INTERIMS

Redde Northgate

INTERIM DIVIDEND PAYMENT DATE

CMC Markets, CML Microsystems, Edge Performance VCT ‘H’ Shares, Electrocomponents, Finncap Group , Hammerson, iEnergizer Ltd., Kainos Group , Keller Group, Meikles Ltd., Mortgage Advice Bureau (Holdings) , Sainsbury (J), Tatton Asset Management , Vivo Energy , Wynnstay Properties

QUARTERLY PAYMENT DATE

BlackRock World Mining Trust, BP, Diversified Gas & Oil, Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Current Account (EU) (09:00)

Current Account (US) (13:30)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

Producer Price Index (GER) (07:00)

Wholesale Price Index (GER) (07:00)

GMS

Playtech

SPECIAL DIVIDEND PAYMENT DATE

BioPharma Credit , River and Mercantile Group , Sainsbury (J)

EGMS

Air China Ltd., CPL Resources, Datang International Power Generation Co Ltd.

AGMS

Conygar Investment Company, Gfinity , PetroNeft Resources, Wey Education

UK ECONOMIC ANNOUNCEMENTS

Current Account (07:00)

GFK Consumer Confidence (00:01)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Orchard Funding Group , River and Mercantile Group , Tristel

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