Week ahead: US-China trade talks in focus

updated: 11 February 2019 at 4:10pm Author: Alexander Bueso

(Sharecast News) - The focus over the coming week will be on the second round of US-China trade talks, especially during the back half of the week, when top officials from both sides are due to square-off.
Against that backdrop, and in timely fashion perhaps, figures on China's foreign trade are due out on Thursday, followed by readings on the country's CPI and factory gate prices the next day, all covering the month of January.

In the UK, a barrage of activity indicators on Monday will be followed by a print on January CPI on Wednesday, the RICS house price survey on Thursday and retail sales data on Friday.

Significantly, Parliament's vote on the Withdrawal agreement, scheduled for Thursday, has been postponed

Stateside, the market spotlight will be on consumer level and factory gate price data for the month of January, on Wednesday and Thursday, respectively, together with a reading on US retail sales for December.

A preliminary print on US consumer confidence for the month of February is also scheduled for release, on Friday.

Across the Channel meanwhile, the report that will perhaps draw the most attention is the preliminary reading on fourth quarter German gross domestic product, on Thursday.

The median forecast is for quarter-on-quarter growth of 0.1%, following on from the 0.2% dip seen over the previous three-month stretch.

While the Eurozone's largest economy is widely thought to have avoided falling into a technical recession, which is defined as two consecutive quarters of economic contraction, there is interest in knowing the exact details of the slowdown.

In any case, the associated headlines may rekindle cautiousness on the part of traders which has already seen some analysts push back their expectations for ECB policy tightening to the back half of 2020.

Monday February 11

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ZEW Survey (EU) - Economic Sentiment (10:00)

ZEW Survey (GER) - Current Situation (10:00)

ZEW Survey (GER) - Economic Sentiment (10:00)

FINALS

Acacia Mining, Public Joint Stock Company Polyus (REG S)

TRADING ANNOUNCEMENTS

Up Global Sourcing Holdings

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (09:30)

Index of Services (09:30)

Manufacturing Production (09:30)

FINAL DIVIDEND PAYMENT DATE

Grainger

Tuesday February 12

INTERIMS

A&J Mucklow Group, Plus500 Ltd (DI)

INTERIM DIVIDEND PAYMENT DATE

Mitie Group

QUARTERLY EX-DIVIDEND DATE

Schlumberger Ltd.

FINALS

Plus500 Ltd (DI)

AGMS

BMO Capital & Income Investment Trust, Pressure Technologies, TUI AG Reg Shs (DI)

TRADING ANNOUNCEMENTS

AA , Loopup Group

UK ECONOMIC ANNOUNCEMENTS

GDP (Preliminary) (09:30)

Industrial Production (09:30)

FINAL DIVIDEND PAYMENT DATE

Cerillion

Q1

TUI AG Reg Shs (DI)

Wednesday February 13

INTERIMS

Dunelm Group, Galliford Try, Oncimmune Holdings

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Industrial Production (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

FINALS

BB Healthcare Trust (Red), Smurfit Kappa Group, Tullow Oil

AGMS

Artemis VCT, RWS Holdings, Urban&Civic

TRADING ANNOUNCEMENTS

RWS Holdings, Time Out Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (09:30)

Producer Price Index (09:30)

Retail Price Index (09:30)

FINAL DIVIDEND PAYMENT DATE

Dewhurst

FINAL EX-DIVIDEND DATE

TUI AG Reg Shs (DI)

Thursday February 14

INTERIMS

Ashmore Group, Grit Real Estate Income Group Limited NPV (DI), MJ Gleeson

INTERIM EX-DIVIDEND DATE

Coral Products, Gateley (Holdings) , Hargreaves Lansdown, Henderson Smaller Companies Inv Trust, Knights Group Holdings , Mattioli Woods, Mountview Estates, Puma VCT 10 , PZ Cussons, Quiz, Rank Group, TheWorks.Co.Uk, Triple Point Vct 2011 A, Van Elle Holdings, Yew Grove Reit

QUARTERLY PAYMENT DATE

Anglo Pacific Group

QUARTERLY EX-DIVIDEND DATE

BP, MedicX Fund Ltd., Raven Property Group Limited Cum Red Pref, Royal Dutch Shell 'A', Royal Dutch Shell 'B', The Renewables Infrastructure Group Limited, Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Inventories (US) (15:00)

GDP (Preliminary) (EU) (10:00)

GDP (Preliminary) (GER) (07:00)

Producer Price Index (US) (13:30)

Retail Sales (US) (15:00)

FINALS

AstraZeneca, Attraqt Group , Coca-Cola HBC AG (CDI), Convatec Group , Indivior, Lancashire Holdings Limited, Micro Focus International, Moneysupermarket.com Group, Trifast

EGMS

Aquis Exchange

AGMS

Aquis Exchange , Chrysalis VCT, GCP Infrastructure Investments Ltd, MXC Capital, Paragon Banking Group, Stock Spirits Group , Watkin Jones

TRADING ANNOUNCEMENTS

Safestore Holdings, Trifast, UK Commercial Property Reit Limited

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Cardiff Property, Euromoney Institutional Investor, On The Beach Group

FINAL EX-DIVIDEND DATE

Avon Rubber, Henderson Opportunities Trust, Low & Bonar, Sanderson Group, Tharisa (DI)

Q1

Safestore Holdings

Friday February 15

INTERIM DIVIDEND PAYMENT DATE

British Smaller Companies VCT 2, Consort Medical, Fletcher King, K3 Capital Group , Solid State

QUARTERLY PAYMENT DATE

Marsh & Mclennan Cos Inc., Scottish Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (US) (10:00)

Capacity Utilisation (US) (14:15)

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

Industrial Production (US) (14:15)

FINALS

Royal Bank of Scotland Group

SPECIAL DIVIDEND PAYMENT DATE

Alternative Liquidity Fund Limited, Scottish Inv Trust

TRADING ANNOUNCEMENTS

Ocean Outdoor Limited NPV (DI)

FINAL DIVIDEND PAYMENT DATE

Baring Emerging Europe, CYBG , easyHotel, Future, Income & Growth VCT , Manchester & London Investment Trust, Shaftesbury, Tracsis, TUI AG Reg Shs (DI)