Market moving info — week starting April 24, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting April 24.

Last week:          

  • UK retail sales saw their biggest fall in seven years in the first quarter, down 1.4% on the previous quarter and 1.8% year on year. Average store prices have increased by 3.3% on the year, the highest rise since 2012.

This week:

Monday, April 24

Europe:

  • Results of the first round of the French presidential election.
  • Germany Ifo business climate for April.
  • UK Rightmove house price index.

US:

  • Chicago Fed National Activity for March.
  • FOMC voting member Kashkari speaks.

Rest of the world:

  • Singapore consumer price inflation for March.
  • Canada wholesale sales for February.

Corporate events:

  • Telekom Austria, Alcoa, Halliburton, Kimberly-Clark, Newmont Mining earnings.

Tuesday, April 25

Europe:

  • France manufacturing confidence for April.
  • Belgium business confidence for April.
  • UK public sector net borrowing for March.

US:

  • New home sales for March.
  • S&P/CS HPI Composite – 20 n.s.a. for February.
  • Richmond Manufacturing Index for April.

Rest of the world:

  • Brazil current account balance, foreign investment for March.

Corporate events:

  • Ericsson, Novartis, SAP, Schindler, Volvo, Biogen, Caterpillar, Juniper Networks, Coca-Cola, Lockheed Martin, McDonald’s, 3M, AT&T earnings.

Wednesday, April 26

Europe:

  • France consumer confidence for April.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.

Rest of the world:

  • Australia consumer price inflation for the first quarter.
  • Canada retail sales for February.

Corporate events:

  • Credit Suisse, Daimler, Deutsche Börse, Fiat Chrysler, GlaxoSmithKline, Iberdrola, Banco, Santander, Peugeot, Amgen, Boeing, Hershey, Pepsico, Procter & Gamble earnings.

Thursday, April 27

Europe:

  • European Central Bank interest rate decision, news conference.
  • Eurozone business, consumer survey for April.
  • Eurozone services, industry confidence for April.
  • Germany consumer price inflation for April – preliminary.
  • GfK German consumer climate for May.
  • Spain consumer price inflation for April – preliminary.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Durable goods orders for March.
  • Pending home sales for March.

Rest of the world:

  • Bank of Japan interest rate decision.
  • Australia import/export prices for the first quarter.

Corporate events:

  • Airbus, AstraZeneca, BASF, Bayer, Banco Bilbao Vizcaya, Deutsche Bank, Total, Deutsche Lufthansa, Nokia, Orange, STMicroelectronics, Amazon.com, Expedia, Ford, Alphabet, Intel, Microsoft, Starbucks, UPS, Verisign earnings.

Friday, April 28

Europe

  • Eurozone consumer price inflation for April – preliminary.
  • Eurozone money supply for March.
  • Germany retail sales for March.
  • France consumer price inflation for April – preliminary.
  • France first quarter GDP.
  • France consumer spending for March.
  • UK GfK consumer confidence for April.

US

  • First-quarter GDP — preliminary.
  • Chicago PMI for April.
  • Michigan Consumer Sentiment for April.

Rest of the world:

  • Japan household spending for March.
  • Japan jobs/applications ratio for March.
  • Japan national CPI for March, Tokyo CPI for April.
  • Japan industrial output for March.
  • Australia housing credit, private credit for March.
  • Australia producer prices for the first quarter.

Corporate events:

  • Barclays, Linde, Royal Bank of Scotland, Sanofi, UBS, Chevron, General Motors, Goodyear Tire & Rubber, Exxon Mobil earnings.