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As Prime Minister Boris Johnson steps on the brakes as some UK businesses reopen and markets brace for another uncertain week, investors will look to key announcements from the Bank’s central bank. England (BOE) and US employment data for clarity.

Fears of a second wave of coronavirus have plagued markets in recent weeks, and measures to mitigate risk, both from policymakers and officials, will be closely watched.

The market will also be monitoring the evolution of the stories that erupted over the weekend:

The top business results to watch this week come from:

The Governor of the Bank of England, Andrew Bailey. Photo: Tolga AKMEN / POOL / AFP via Getty Images

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The BOE’s rate decision will be one to watch this week, as Andrew Bailey and the monetary policy committee continue to grapple with the economic effects of the coronavirus and a possible second wave.

Economists polled by Reuters last week on average predicted that the BOE would keep the rate at an all-time low of 0.1% this year and next, but that policymakers would announce 70 billion (91.6 billion dollars) of asset purchases in November or December.

Other developments in the UK to watch are revisions to the continuing list of travel restrictions and whether major holiday destinations in Europe will be exempt from the quarantine.

Halifax House Price Index is also due, and should show further weakness in the housing market, despite the stamp duty cuts. “data-reactid =” 72 “> The Halifax house price index is also due, and is expected to show further weakness in the housing market, despite stamp duty cancellations.

This week, the Rishi Sunaks are eating out to help the program go into effect, offering customers a refund on their meal if they eat at participating restaurants on Mondays, Tuesdays, or Wednesdays in August. It will offer 50% off food and non-alcoholic drinks, with a maximum discount of 10.

Investors will be watching for significant fallout from key manufacturing data released this week. Markit PMIs across Europe will show production performance in July, with posts from Italy, France, Germany, Europe and the UK on Monday.

PMIs are forward-looking indicators intended to indicate the direction of activity in the major manufacturing and service sectors and are based on sub-indices.

Eurozone retail sales for June released on Wednesday will also be a good temperature indicator of how quickly economies are rebounding. A sharp rise is still to be expected before things start to stabilize, ING analysts say.

All eyes will be on the U.S. jobs figures again as the report details the payroll for the week of July 12.

Economists expect to see an increase after the employment increase in the second half of June and by the beginning of July, most of the job losses in July declined in the second half of the month. Predicting the numbers, ING economists say: We are more cautious than the market and are looking for a number closer to 750,000 from the current consensus of 1.5 million.

The market will also be looking to see what happens when the $ 600 per week unemployment benefit ends. The payment has grown to over 30 million people and is expected to be replaced with something much smaller.

Markit’s PMIs are also on the slate for the United States on Monday.

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