Next week should see another set of UK data confirming Keir Starmer got an economic gift from his Tory predecessor Rishi Sunak.
A month ago, May figures showed UK inflation eased back to the BoE's 2% target for the first time since July 2021.
Some estimates for June suggest annual headline inflation might drop below 2% this time.
For June, another low monthly CPI figure of around 0.2% or 0.3% will be good news for the Bank of England and could raise expectations of an August or September rate cut.
Today, the market sees a 57% chance of a rate cut in August, with fewer than two rate cuts priced in for the year.
Company news sees updates from wealth platforms AJ Bell and Hargreaves Lansdown that should give an insight into the financial mood of the UK population following the election.
Burberry might be affected by the apparent fleeing of super-rich non-doms following Labour’s landslide having already been very critical of the previous government's 'tourist tax' or not exempting overseas visitors from VAT on purchases.
Otherwise, Ocado needs some good news after its recent share price battering while pub groups will likely be celebrating whatever the result of the Euro 2024 final on Sunday.
If England wins, however, a day of national celebration looks like a shoo-in.
Monday 15 July
US earnings: BlackRock, Goldman Sachs (both pre-market)
Economic data: Industrial Production (EU)
AGMs: BlackRock Energy And Resources Income Trust, Gore Street Energy Storage Fund
Tuesday 16 July
Ocado Group PLC (LSE:OCDO) has been on the back foot for much of the past twelve months... read preview
Has McBride's storming recovery run its course? ...read preview
Announcements due
Trading updates: B&M European Value Retail SA (LSE:BME), Intermediate Capital Group (LSE:ICP) PLC, McBride PLC (LSE:MCB), Petra Diamonds PLC
Interims: Ocado Group PLC, RM Plc (LSE:RM.)
Finals: Sosandar (AIM:SOS) PLC
US earnings: Bank of America Corp (NYSE:BAC), Morgan Stanley (NYSE:MS), UnitedHealth Group (all pre-market)
Economic data: Kantar Grocery Market Share (UK), Balance of Trade (EU), ZEW Survey (EU), Import and Export Price Indices (US), Retail Sales (US), Business Inventories (US)
AGMs: Ashoka WhiteOak Emerging Markets Trust, Bloomsbury Publishing, Burberry Group, First Class Metals, Wynnstay Property
Wednesday 17 July
Today is about UK inflation and what that means for interest rates... read the macro preview
Announcements due
Finals: Renold PLC (AIM:RNO)
US earnings: Johnson & Johnson (NYSE:JNJ) (premarket)
Economic data: Consumer Price Index (UK), Producer Price Index (UK), Retail Price Index (UK), Harmonised Index of Consumer Prices (EU), MBA Mortgage Applications (US), Building Permits (US), Housing Starts (US), Capacity Utilisation (US), Industrial Production (US), Crude Oil Inventories (US)
AGMs: Caledonia Investments (LSE:CLDN), Edinburgh Investment Trust (LSE:EDIN), Harbourvest Global Private Equity, Helical (LSE:HLCL), HICL Infrastructure, Pennant International Group
Thursday 18 July
AJ Bell is being by UBS tipped to confirm an upsurge in business... read preview
Announcements due
Trading updates: AJ Bell PLC (LSE:AJB), Artisanal Spirits Company PLC (AIM:ART), Diploma PLC (LSE:DPLM), Dunelm Group, QinetiQ Group PLC (LSE:QQ.), SSE PLC (LSE:SSE)
US earnings: Abbott Laboratories (NYSE:ABT), Blackstone, Taiwan Semiconductor Manufacturing (all pre-market), Intuitive Surgical, Netflix (both aftermarket)
Economic data: Unemployment Rate (UK), Wage Growth (UK), Claimant Count Rate (UK), ECB Policy Decision (EU), Continuing Claims (US), Initial Jobless Claims (US), Philadelphia Fed Index (US), Existing Home Sales (US)
FTSE 100 points reduction from ex-dividends: 1.77 (SSE PLC)
AGMs: Biotech Growth Trust, Braveheart Investment Group, Brown (N) Group, FD Technologies, Ingenta, Johnson Matthey, Novacyt, Premier Foods, QinetiQ Group, Simec Atlantis Energy, SSE, Tower Resources, TR Property Investment Trust, TheraCryf
Friday 19 July
Burberry has been out of favour recently. Can it start to revive... read preview
Hargreaves Lansdown is close to agreeing a private equity takeover... read preview
Announcements due
Trading update: Burberry, Hargreaves Lansdown
Interims: Capricorn Energy PLC (LSE:CNE, OTC:CRNZF)
US earnings: American Express, SLB (both premarket)
Economic data: GFK Consumer Confidence (UK), Public Sector Net Borrowing (UK), Retail Sales (UK), Current Account (EU)
AGMs: Flowtech Fluidpower (AIM:FLO), Kistos Holdings, Personal Assets Trust (LSE:PNL)