As Prime Minister Boris Johnson "brakes" on the reopening of some UK companies and prepares markets for another uncertain week, investors will be paying attention to key announcements from the Bank of England's Central Bank (BOE) and job data from the US Clarity.
Fears of a second wave of coronavirus have plagued markets in recent weeks, and steps to mitigate risk by both policymakers and officials have been closely monitored.
The market will also keep an eye out for story developments released over the weekend:
The key company results to be seen this week come from:
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The BOE rate decision will be seen this week as Andrew Bailey and the monetary policy committee continue to deal with the economic effects of the corona virus and a possible second wave.
Economists surveyed by Reuters last week, on average, predicted that the BOE would keep rates at a record low of 0.1% this year and next, but policymakers would buy 70 billion assets in November or December Would announce GBP ($ 91.6 billion).
Other developments in the UK include changes to the ongoing list of travel restrictions and whether major holiday destinations in Europe are exempt from quarantine.
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This week, the Rishi Sunak program comes into effect, which allows customers to get money back for their meals if they eat in participating restaurants on Mondays, Tuesdays or Wednesdays throughout August. There is a 50% discount on food and soft drinks with a maximum discount of £ 10.
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Investors will be aware of the significant impact of key manufacturing data released this week. Markit PMIs across Europe will show how production developed in July, with releases from Italy, France, Germany, Europe and the UK on Monday.
The PMIs are forward-looking indicators that are intended to indicate the direction of activities in the broad manufacturing and service sectors and are based on sub-indices.
Eurozone retail sales for June, released on Wednesday, will also be a good measure of how quickly economies are recovering. "A sharp increase can still be expected before the situation begins to calm down," said ING analysts.
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US job numbers will be back in view as the report lists payrolls for the week of July 12th.
Economists expect employment to rise in the second half of June and early July after rising employment – most job losses in July decreased in the second half of the month. ING economists predict the numbers and say, "However, we are more cautious than the market and are looking for a number that is closer to 750,000 than the current 1.5 million consensus."
The market will also see what will happen when the $ 600 weekly unemployment benefit ends. The payout has promoted more than 30 million people and is expected to be replaced by something much smaller.
Markit PMIs are also planned for the USA on Monday.