View our top five events to look out for this week (12-16 June), plus our key company earnings schedule.

The week ahead: UK election aftermath, plus Bank of England and Federal Reserve rate meetings 

View our week ahead video preview as UK Chief Market Analyst Michael Hewson examines the possible effects of last week’s surprise election result.

Watch the video preview >

Flurry of data keeps UK economy under the spotlight
Tuesday-Thursday: UK CPI inflation (Tue), wages and unemployment (Wed) and retail sales (Thu) data are all due out this week. The economy appears to be picking up in Q2, despite a slowdown in retail spending. Rising wages and low unemployment levels could boost sterling, and pile pressure on the Bank of England to ease back on its easy monetary policy.

Can we expect another rate hike by the Federal Reserve?
Wednesday: It would be no surprise to the markets if the US Fed raises rates this week; however, it’s becoming apparent that the prospect of further rate rises is diminishing. The main focus is likely to be on any dissent, as well as economic projections for future rate rises.

Is China heading for a paradigm shift as services trump manufacturing?
Wednesday: Recent data out of China has pointed to a weak manufacturing sector, but we have seen evidence of an improving services sector. If retail sales increase, it could give rise to optimism that the Chinese economy is rebalancing away from manufacturing. 

Further dissent possible at Bank of England rate meeting 
Thursday: At the last rate meeting, one MPC member voted against keeping the UK base rate unchanged. While this isn’t expected to change, solid wages and inflation data earlier in the week could result in further dissent from other UK policymakers.

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Index dividend schedule

If you trade indices, dividend payments from an index's constituent shares can result in either a credit or debit to your account.
View this week's indices dividend drop points table

UK & US company earnings schedule

Monday 12 June Results
No major announcements -
Tuesday 13 June Results
No major announcements -
Wednesday 14 June Results
No major announcements -
Thursday 15 June Results
Finisar Corp (US) Q4
Kroger Co (US) Q1
Friday 16 June Results
Tesco (UK) Q1 sales

Company announcements are subject to change. All the events listed above were correct at the time of writing.
 

Heightened market volatility is likely over the election period, which could result in widened spreads. We recommend that you monitor positions carefully, consider the use of appropriate risk management tools and maintain a sufficient account surplus throughout this period.

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