All eyes on Wednesday will be on the US central bank and the insights that it may provide regarding its thinking on the outlook for monetary policy.
Economists expect the target range for the Fed funds rate will be hiked by 75 basis points to 3.0-3.25%.
More important however will be the latest update to their macroeconomic projections from Fed board members and the regional presidents.
Economists at Barclays Research anticipate that policymakers’ new forecasts will show the Fed funds rate rising to 4.1% by the end of 2022 and remaining there throughout 2023, before declining over 2024-25 to just above the long-run neutral rate of 2.5%.
On home shores, at 0700 BST the Office for National Statistics will release public sector net borrowing data for August.
Those figures will be followed by the results of the Confederation of British Industry’s Industrial Trends survey at 1100 BST.
Across the Channel, the economic calendar is rather light, such that the session’s main talking point may prove to be a speech from European Central Bank vice-president Luis de Guindos at 0800 BST.
Wednesday 21 September
Galliford Try, Supermarket Income Reit
Pennant International Group, S4 Capital, Keywords Studios, Hostmore, Warpaint London, LBG Media, The City Pub Group, Dianomi, MyHealthchecked, Ten Entertainment Group, Pendragon, Alphawave IP Group, Ingenta
Hipgnosis Songs Fund Limited NPV, SRT Marine Systems, India Capital Growth Fund Ltd., Merit Group, Seraphine Group, IG Group Holdings, Odyssean Investment Trust, Enteq Technologies, SDI Group, Tintra
FINAL EX-DIVIDEND DATE
INTERIM EX-DIVIDEND DATE
INTERIM DIVIDEND PAYMENT DATE
Domino’s Pizza Group, OSB Group
UK ECONOMIC ANNOUNCEMENTS
Public Sector Net Borrowing (07:00)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
MBA Mortgage Applications (US) (12:00)
Existing Home Sales (US) (15:00)
Crude Oil Inventories (US) (15:30)