Register
Login:
Share:
Email Facebook Twitter

PHARMA: Heat Biologics - a 'potentially transformative' lung cancer treatment, Phase II data Q3 2018 Watch here

Looking for big risk, big reward investing? See our exclusive Pharma video series from 'Biotech and Money'


ShareCast News


Week ahead: ECB in focus

Fri, 20th Oct 2017 16:20


(ShareCast News) - The market spotlight will swing back towards the single currency block next week, with the European Central Bank set to announce further details about its plans to taper quantitative easing in 2018 on Thursday.

According to strategists at Credit Suisse, the ECB was likely to announce a nine-month extension of its bond buying until September 2018 at a reduced pace of "at least" 20bn per month, down from 60bn at present.

Furthermore, the first quarter of 2018 would be dedicated to slowly ratcheting down QE.

Significantly, given the ECB's insistence that it would not raise its main policy rates until after QE was completely wound-up, the length of continued QE and any possibility of a further extension could be the key variable to watch in terms of market tightening expectations as even very small asset purchases would imply a deferral of higher rates.

Other economic reports to watch out for on the Continent would be Tuesday's euro area factory and service sector purchasing managers' indices for September, on Tuesday, and the IFO institute's German business confidence index on Wednesday.

Of course, at the weekend and on Monday, investors will be casting a wary eye towards Catalonia and the potential for more brinksmanship on the part of the region's nationalist parties and politicians.

Stateside, the main releases to watch out for would be the durable goods report on Wenesday and a preliminary reading on third quarter GDP on Friday.

Back in the UK, the only significant economic release on the calendar would be the CBI's industrial trends index, on Monday.

Japanese CPI data out on Friday might also impact on trading.

Rate decisions were also expected from Bank of Canada, on Wednesday, and the Riksbank and Norges Bank on Thursday.

Monday October 23

INTERIMS

Braemar Shipping Services

INTERIM DIVIDEND PAYMENT DATE

Worldpay Group

AGMS

City of London Investment Group, Goldplat

TRADING ANNOUNCEMENTS

Petra Diamonds Ltd.(DI)

UK ECONOMIC ANNOUNCEMENTS

CBI Industrial Trends Surveys (11:00)

Tuesday October 24

INTERIMS

Bloomsbury Publishing, Gear4music (Holdings), Whitbread

INTERIM DIVIDEND PAYMENT DATE

Flowtech Fluidpower, Pendragon, Playtech, Shore Capital Group Ltd.

Q3

St James's Place

GMS

Hemogenyx Pharmaceuticals , Kin Group

IMSS

Reckitt Benckiser Group

EGMS

MHP S.E. GDR (Reg S)

AGMS

Brooks Macdonald Group, Mcbride, Oil & Gas Development Company Ltd GDR (Reg S), Premaitha Health

TRADING ANNOUNCEMENTS

Anglo American, Bunzl, Carpetright, International Personal Finance, Shoe Zone

Wednesday October 25

INTERIMS

Lombard Risk Management

INTERIM DIVIDEND PAYMENT DATE

BBGI SICAV S.A. (DI)

QUARTERLY PAYMENT DATE

General Electric Co

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

Durable Goods Orders (US) (13:30)

House Price Index (US) (14:00)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

MBA Mortgage Applications (US) (12:00)

New Homes Sales (US) (15:00)

Q3

Antofagasta, GlaxoSmithKline, Metro Bank

ANNUAL REPORT

Tlou Energy Limited (DI)

IMSS

Lloyds Banking Group

AGMS

GCP Student Living, Photo-Me International, Redde, Tlou Energy Limited (DI)

TRADING ANNOUNCEMENTS

Centaur Media, Cobham

UK ECONOMIC ANNOUNCEMENTS

BBA Mortgage Lending Figures (09:30)

GDP (Preliminary) (09:30)

Index of Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Renishaw

Thursday October 26

INTERIMS

C&C Group, Vitesse Media

INTERIM DIVIDEND PAYMENT DATE

Capital & Regional, Equiniti Group , Oakley Capital Investments Ltd. (DI)

INTERIM EX-DIVIDEND DATE

Booker Group, CareTech Holding, Coats Group, Harwood Wealth Management Group, ITV, Lookers, M&C Saatchi, Moss Bros Group, Next Fifteen Communications, Rolls-Royce Holdings, U And I Group, William Hill

QUARTERLY EX-DIVIDEND DATE

APQ Global Limited, Blue Capital Alternative Income Fund Ltd (DI), Custodian Reit

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (US) (13:30)

Continuing Claims (US) (13:30)

ECB Interest Rate (EU) (12:45)

GFK Consumer Confidence (GER) (07:00)

Initial Jobless Claims (US) (13:30)

M3 Money Supply (EU) (09:00)

Pending Homes Sales (US) (15:00)

GMS

Clinigen Group, Societatea Energetica Electrica SA GDR (Reg S)

FINALS

Connect Group, Redefine International

ANNUAL REPORT

Petra Diamonds Ltd.(DI)

IMSS

National Express Group

SPECIAL EX-DIVIDEND DATE

Barratt Developments, Bioventix

EGMS

Societatea Energetica Electrica SA GDR (Reg S)

AGMS

Alumasc Group, Argos Resources Ltd. (DI), Imagination Technologies Group, Mattioli Woods, Mila Resources, Standard Life UK Smaller Companies Trust

TRADING ANNOUNCEMENTS

Avocet Mining, Kaz Minerals , OPG Power Ventures, Relx plc

UK ECONOMIC ANNOUNCEMENTS

CBI Distributive Trades Surveys (11:00)

FINAL DIVIDEND PAYMENT DATE

Pembroke Vct, Pembroke Vct B

FINAL EX-DIVIDEND DATE

Animalcare Group, Avingtrans, Barratt Developments, Bioventix, Dechra Pharmaceuticals, El Oro Ltd, Ferguson, Galliford Try, Haynes Publishing Group, JPMorgan Emerging Markets Inv Trust, Mcbride, Mulberry Group, Ricardo, Thorpe (F.W.), Wetherspoon (J.D.)

Friday October 27

INTERIMS

System1 Group

INTERIM DIVIDEND PAYMENT DATE

Advanced Medical Solutions Group, Air Partner, Belvoir Lettings, Central Asia Metals, Dignity, EMIS Group, Hansteen Holdings, HGCapital Trust, John Laing Group , JPMorgan Russian Securities, Keywords Studios, Learning Technologies Group , Luceco , Medica Group , Midwich Group, Mortgage Advice Bureau (Holdings) , Premier Technical Services Group , Puma Vct 8, Servelec Group , Smurfit Kappa Group, Sprue Aegis, STV Group, Xpediator

QUARTERLY PAYMENT DATE

Supermarket Income Reit, Value and Income Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

U. of Michigan Confidence (US) (15:00)

Q3

International Consolidated Airlines Group SA (CDI), Mail.ru Group Ltd GDR (Reg S), Novolipetsk Steel GDS (Reg S), Royal Bank of Scotland Group, Shire Plc

IMSS

Berendsen

SPECIAL DIVIDEND PAYMENT DATE

Symphony International Holdings Ltd.

EGMS

Air China Ltd., Bank Audi S.A.L. GDR (Repr 1'Com'Shr Lbp1650)(Reg S)

AGMS

K3 Capital Group

TRADING ANNOUNCEMENTS

Elementis, Hastings Group Holdings , Inchcape

FINAL DIVIDEND PAYMENT DATE

Brooks Macdonald Group, Consort Medical, Dart Group, Eckoh, Fulcrum Utility Services Ltd. (DI), IG Group Holdings, Mattioli Woods




Back to ShareCast News


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.