The big focus in the coming week is on central banks, with company reporting season winding down.
Expectations have been growing for rate cuts next year, so meetings from the US Federal Reserve, Bank of England and European Central Bank should see all three push back to various degrees, with some important macroeconomic updates also due.
MONDAY 11 DECEMBER
Financial diary:
Interims: Begbies Traynor (AIM:BEG) Group
AGMs/EGMs: Octopus Future Generations, Vela Technologies (AIM:VELA), SigmaRoc PLC (AIM:SRC)
US earnings: Oracle Inc
TUESDAY 12 DECEMBER
Companies reporting:
Trading update: Gelion PLC (AIM:GELN)
Interims: Vianet Group (AIM:VNET) Plc
Finals: Chemring Group (LSE:CHG) PLC, RWS Holdings (AIM:RWS) plc
US earnings: Johnson Controls
AGMs/EGMs: Atalaya Mining (AIM:ATYM, TSX:AYM) PLC, Baillie Gifford Japan Trust PLC, BlackRock Greater Europe Investment Trust PLC, Henderson International Income Trust PLC (LSE:HINT), International Biotechnology Trust PLC, Pci-Pal PLC, Time Out Group PLC (AIM:TMO)
Economic announcements: Unemployment (UK), CPPI Inflation (US)
WEDNESDAY 13 DECEMBER
It's Fed Day, first and foremost, and though the Federal Open Market Committee meeting is expected to deliver the third consecutive no-change decision, there could be plenty of other changes in what's communicated.
Markets are pricing several interest rate cuts over 2024, though economists are less doveish ...read the preview.
Others due to report:
Trading update: Volution Group PLC (LSE:FAN)
Interims: Cohort PLC (AIM:CHRT), ProCook
AGMs: Dechra Pharmaceuticals PLC (LSE:DPH), Limitless Earth PLC, Softcat (LSE:SCT) PLC, Volution Group PLC
US earnings: Adobe Inc (NASDAQ:ADBE)
Economic announcements: GDP (UK), Balance of Trade (UK), Industrial Production (UK), Index of Services (UK), MBA Mortgage Applications (US), Producer Price Index (US), Federal Reserve Policy Decision (US)
THURSDAY 14 DECEMBER
Company previews:
It's the turn of the BoE at midday in London and then the ECB an hour and a quarter later.
Investors are currently expecting three rate cuts from Threadneedle Street next year, with the first move in June, fewer and later than the policy loosening currently being predicted for its Frankfurt countepart ...read the previews.
Bunzl PLC (LSE:BNZL) may not have the most exciting range of products - think coffee cups, clingfilm and soap - but the shape of its share price over the past three decades means its shares have gained a lot of followers …read the preview.
Elsewhere an update is expected from retailer Currys PLC (LSE:CURY), which one set of analysts said is becoming "investable" again following the sale of its Greek business three weeks ago ...read the preview.
Also on Thursday, following a big fall in the past week for Anglo American PLC (LSE:AAL) after it unveiled new medium-term targets, there is expected to be a judgment handed down by the South African High Court on a class action lawsuit brought on behalf of 140,000 Zambian children and women for lead poisoning.
Others due to report:
Trading update: Capita PLC (LSE:CPI), Serco Group PLC (LSE:SRP), SThree PLC (LSE:STEM)
Interims: Currys PLC, Gore Street Energy Storage Fund PLC (LSE:GSF)
Finals: Driver Group (AIM:DRV) PLC, Integrafin Holdings PLC
AGMs/ EGMs: Aeorema Communications (AIM:AEO) PLC, Arc Minerals Ltd, eEnergy Group PLC, Fidelity Special Values PLC (LSE:FSV), Fintech Asia Ltd (LSE:FINA), Grit Real Estate Income Group (LSE:GR1T) Ltd, Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF), Marwyn Value Investors Ltd (LSE:MVI), Sareum Holdings PLC (AIM:SAR), Cobra Resources Plc (LSE:COBR), Molten Ventures PLC (LSE:GROW), Oakley Capital Investments (AIM:OCI) Ltd
US earnings: Costco Wholesale Corp
Economic announcements: BoE interest rate decision (UK), ECB policy decision, Continuing Claims (US), Import and Export Price Indices (US), Initial Jobless Claims (US), Retail Sales (US), Business Inventories (US)
FRIDAY 15 DECEMBER
Financial diary:
AGMs/EGMs: Abingdon Health Ltd, Aptamer Group PLC (AIM:APTA), Bellway PLC (LSE:BWY), DCI Advisors Ltd, Frontier IP Group PLC (AIM:FIPP), Renalytix PLC (AIM:RENX), Schroder BSC Social Impact Trust PLC, Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF), Ultimate Products PLC, Wentworth Resources PLC (AIM:WEN), Schroder Real Estate Investment Trust (LSE:SREI) Ltd
US earnings: Darden Restaurants (NYSE:DRI)
Economic announcements: Flash PMIs (UK, US, EU), GFK Consumer Confidence (UK), Industrial Production (US)