Portfolio

Week ahead: US non-farm payrolls report, Bank of England in focus

By Alexander Bueso

Date: Monday 03 Aug 2020

Week ahead: US non-farm payrolls report, Bank of England in focus

(Sharecast News) - Financial markets' focus during the coming week will be on the US non-farm payrolls report for July and the Bank of England's interest rate decision.
For the former, which is due out on Friday, the economist consensus is calling for a slowdown in the pace of job growth from June's 4.8m pace to a still 1.635m increase for July.

To take note of, other reports on the state of the US jobs markets are also due out during the week ahead, including consultancy ADP's private sector payrolls report on Wednesday and the weekly initial jobless claims data on Thursday.

Rate-setters at Bank meanwhile are expected to stay put on policy, with economists at Barclays Research anticipating that the Monetary Policy Committee will be looking to keep all options on the table.

"We expect the MPC to shape a narrative away from crisis measures but equally not fully set up for looming cyclical risks as interpretation of the data remains in flux," Barclays said.

"Hence, while we expect some discussion around the new BoE forecasts, we do not expect an unequivocal statement on the feasibility of negative rates."

In the background meanwhile, the focus over the coming week will be on a slew of surveys covering manufacturing and services sector activity across all of the main geographic regions, with those covering the factory sector due out on Monday and those for services scheduled for release on Wednesday.

Also during the week, central bankers Down Under are due to meet to decide on policy on Tuesday, followed by those at the Reserve Bank of India on Thursday.

Monday 03 August

INTERIMS

Dialight, Hiscox Limited (DI)

INTERIM DIVIDEND PAYMENT DATE

Mercantile Investment Trust (The)

QUARTERLY PAYMENT DATE

Mercantile Investment Trust (The), Scottish Inv Trust

QUARTERLY EX-DIVIDEND DATE

Tetragon Financial Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Construction Spending (US) (15:00)

ISM Manufacturing (US) (15:00)

ISM Prices Paid (US) (15:00)

PMI Manufacturing (GER) (08:55)

PMI Manufacturing (EU) (09:00)

PMI Manufacturing (US) (14:45)

Q2

Kosmos Energy (DI)

FINALS

Argentex Group , Henderson Alternative Strategies Trust , Ince Group (The), Tekmar Group

EGMS

Associated British Engineering

UK ECONOMIC ANNOUNCEMENTS

PMI Manufacturing (14:45)

FINAL DIVIDEND PAYMENT DATE

BMO Global Smaller Companies, Homeserve, United Utilities Group

Tuesday 04 August

INTERIMS

Brave Bison Group, Calisen , Direct Line Insurance Group, Keller Group, Meggitt, Spectris

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (GER) (07:00)

Current Account (GER) (07:00)

Factory Orders (US) (15:00)

Producer Price Index (EU) (10:00)

FINALS

Diageo, NWF Group, Science Group

AGMS

Babcock International Group, GoldStone Resources Ltd, Pathfinder Minerals , Record, Sysgroup, W H Ireland Group

FINAL DIVIDEND PAYMENT DATE

Johnson Matthey, TR Property Inv Trust

Wednesday August 05

INTERIMS

Bank Pekao SA GDS (Reg S), Hill & Smith Holdings, Legal & General Group, Morgan Sindall Group, Pagegroup, RHI Magnesita N.V. (DI), William Hill

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (US) (13:30)

ISM Non-Manufacturing (US) (15:00)

MBA Mortgage Applications (US) (12:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:55)

PMI Composite (US) (14:45)

PMI Services (EU) (09:00)

PMI Services (GER) (08:55)

PMI Services (US) (14:45)

Retail Sales (EU) (10:00)

GMS

Adamas Finance Asia Limited (DI)

AGMS

Baillie Gifford UK Growth Fund, Big Yellow Group, Bushveld Minerals Limited, Highbridge Tactical Credit Fund Limited NVP GBP , Invinity Energy Systems , Permanent TSB Group Holdings, Regional REIT Limited, Shefa Gems Ltd (DI), Tomco Energy

TRADING ANNOUNCEMENTS

UDG Healthcare Public Limited Company

UK ECONOMIC ANNOUNCEMENTS

PMI Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Intermediate Capital Group

Thursday 06 August

INTERIMS

AIB Group, Evraz, Hammerson, Mondi, Phoenix Group Holdings , Savills, Serco Group, Spirent Communications

INTERIM EX-DIVIDEND DATE

Aberforth Smaller Companies Trust, Aptitude Software Group , BAE Systems, FDM Group (Holdings), Fresnillo, IMI, Impax Environmental Markets, Jupiter Fund Management , Man Group, Moneysupermarket.com Group, Northern Venture Trust, Polar Capital Global Financials Trust, Rio Tinto, Sabre Insurance Group, St. Modwen Properties

QUARTERLY EX-DIVIDEND DATE

Brunner Inv Trust, Custodian Reit , Greencoat Renewables, HICL Infrastructure , JPMorgan Claverhouse Inv Trust, Picton Property Income Ltd, Tufton Oceanic Assets Limited NPV, Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Factory Orders (GER) (07:00)

Industrial Production (GER) (07:00)

Initial Jobless Claims (US) (13:30)

PMI Construction (09:30)

Q2

Amryt Pharma

FINALS

Induction Healthcare Group

SPECIAL EX-DIVIDEND DATE

Andrews Sykes Group, Kainos Group , Sabre Insurance Group

AGMS

D4T4 Solutions, De La Rue, Dekel Agri-Vision (DI), Echo Energy , Investec, Minoan Group, Naked Wines

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (07:00)

Halifax House Price Index (08:30)

FINAL DIVIDEND PAYMENT DATE

Caledonia Investments

FINAL EX-DIVIDEND DATE

Aberdeen New Dawn Investment Trust, CMC Markets, IMI, Latham (James), Panther Securities, ProVen Growth & Income VCT, ProVen VCT, Total Produce

Friday 07 August

INTERIMS

Hikma Pharmaceuticals, Rightmove, Standard Life Aberdeen

INTERIM DIVIDEND PAYMENT DATE

Schroder UK Mid Cap Fund

QUARTERLY PAYMENT DATE

BMO UK High Income Trust , Supermarket Income Reit

QUARTERLY EX-DIVIDEND DATE

INTERNATIONAL BUSINESS MACHINES CORPORATION COM STK USD0.20 (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Credit (US) (20:00)

Non-Farm Payrolls (US) (13:30)

Unemployment Rate (US) (13:30)

Wholesales Inventories (US) (15:00)

FINALS

Hargreaves Lansdown, SIMEC Atlantis Energy Limited (DI)

SPECIAL DIVIDEND PAYMENT DATE

BMO UK High Income Trust B Shares

AGMS

Alpha Real Trust Ltd., Anglo American, Heath (Samuel) & Sons, Manx Financial Group, Palace Capital , Scapa Group

FINAL DIVIDEND PAYMENT DATE

CML Microsystems, Octopus AIM VCT, TalkTalk Telecom Group , Vodafone Group, Volex, Workspace Group

..

Email this article to a friend

or share it with one of these popular networks:


Top of Page