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(Sharecast News) - On Thursday, all eyes will be on the latest policy announcement from the Bank of England, as well as half-year results from Auto Trader, BT Group and Tate & Lyle.
Third -quarter results from Helios Towers and a trading and operations update from Harbour Energy are also due, along with trading updates from Next, Vistry Group, Croda, Howden Joinery, Morgan Sindall and OSB Group.
AJ Bell analysts said Next's management has already lowered second-half expectations, creating the perfect set up for the retail bellwether to beat conservative guidance again.
"One of the best British summers on record helped Next grow full-price sales by nearly 8% in the first half, so a slowdown seems like sensible expectation management, something that Wolfson has got down to a fine art," they said.
"Fortunately for Next the UK high street is no longer where the opportunity lies. Strong overseas online growth is being driven by localised digital marketing spending via its European distribution partnership with Zalando.
"The problem with success is that investors keep raising the bar and with the shares trading close to all-time highs amid an enviable track record of profit upgrades, there is no room for disappointment."
In the US, quarterly earnings from ConocoPhillips and Cloudflare will be in focus.
As far as the BoE is concerned, expectations are that rates will be hiked by 25 basis points to 4%. ING expects a 7-2 vote to hike rates, and barring a collapse in energy prices, it thinks a follow-up move in February is likely too.
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