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 6.
Last week:
- US nonfarm payrolls disappointed in March, coming in below 200,000 for the first time in a year. The US economy created just 126,000 jobs in March, when unemployment was flat at 5.5%.
- Greece and its creditors failed to reach an agreement, with analysts warning that investors still underestimate the risk that Greece will leave the eurozone.
This week:
Monday, April 6
Europe:
- Easter Monday in most of Western Europe. Holiday.
US:
- ISM non-manufacturing PMI for March.
- Markit services, composite PMI for March.
Rest of the world:
- Australia retail sales for March.
- India HSBC services PMI for March.
- Japan leading indicators for February.
- Brazil composite, services HSBC PMI for March.
Corporate events:
- Q2 2015 Schulman A Inc Earnings Release.
Tuesday, April 7
Europe:
- Eurozone composite, services PMI for March.
- Eurozone Sentix confidence indicator for April.
- Eurozone producer prices for February.
- Spain services PMI for March.
- German services, composite PMI for March.
- Italy services, composite PMI for March.
- France services, composite PMI for March.
- UK services PMI for March.
US:
- JOLTS job openings for February.
- Consumer credit for February.
Rest of the world:
- Australia central bank decides on interest rates.
- India central bank decides on interest rates.
- Japan current account data for February.
Corporate events:
- Q3 2015 Team Inc Earnings Release.
- Q4 2015 Mitcham Industries Inc Earnings Release.
Wednesday, April 8
Europe:
- Eurozone retail sales for February.
- Germany factory orders for February.
- France trade balance for February.
- Switzerland consumer price inflation for March.
- UK RICS house prices for March.
- Greek Prime Minister Alexis Tsipras due to meet Russian President Vladimir Putin in Moscow.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
- FOMC March meeting minutes.
Rest of the world:
- Brazil consumer price inflation for March.
- Japan foreign bond buying, foreign investment in Japanese stocks.
Corporate events:
- WS Atkins PLC Pre-Close Trading Statement Release.
- Full Year 2014 Amerisur Resources PLC Earnings Release.
- Full Year 2014 Wirecard AG Earnings Release.
- Q1 2015 Alcoa Inc Earnings Release.
- Q2 2015 Family Dollar Stores Inc Earnings Release.
- Q4 2015 Rite Aid Corp Earnings Release.
- Q3 2015 Global Payments Inc Earnings Release.
- Q2 2015 WD-40 Co Earnings Release.
Thursday, April 9
Europe:
- Greece due to pay IMF loan tranche worth over €450 million.
- Germany industrial output, trade balance for February.
- Bank of England monetary policy meeting.
- UK trade balance for February.
- Russia foreign exchange reserves.
US:
- Weekly natural gas inventories.
- Weekly jobless claims.
Rest of the world:
- South Africa business confidence for March.
- South Africa gold production for February.
- Canada building permits, new housing price index for February.
- Australia home loans for February.
- China consumer price inflation for March.
Corporate events:
- Q4 2014 Cranswick PLC Trading Statement Release.
- Q2 2015 Walgreens Boots Alliance Inc Earnings Release.
- March 2015 Gap Inc Corporate Sales Release.
- Q2 2015 Synergy Resources Corp Earnings Release.
- Q4 2015 Constellation Brands Inc Earnings Release.
- Q3 2015 Ruby Tuesday Inc Earnings Release.
- Q2 2015 PriceSmart Inc Earnings Release.
Friday, April 10
Europe
- France industrial output, budget data for February.
- UK industrial, manufacturing production for February.
- Switzerland unemployment for March.
US
- Export, import prices for March.
- Federal budget balance for March.
Rest of the world:
- India consumer price inflation for March.
- India industrial production for February.
- Canada housing starts for March.
- Canada unemployment rate for March.
Corporate events:
- Hays plc Interim Management Statement for Quarter Ending 31 March 2015.
- Q4 2014 Bauer AG Earnings Release.
- Q1 2015 Carrefour SA Corporate Sales Release.