Market moving info — week starting December 19, 2016

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 December 19.

Last week:

  • UK inflation reached a two-year high of 1.2% in November, with clothing prices leading the rise and with fuel prices going up.
  • British Airways cabin crew based at Heathrow Airport are due to strike on Christmas Day and Boxing Day over pay and conditions.

This week:

Monday, December 19

Europe:

  • Eurozone wages for the third quarter.
  • Germany Ifo business climate index for December.
  • Russia unemployment for November.

US:

  • Services PMI for December.

Rest of the world:

  • China house prices for November.

Corporate events:

  • Redhall, Lennar earnings.

Tuesday, December 20

Europe:

  • Eurozone current account balance, net investment flow for October.
  • Germany producer prices for November.

US:

  • Redbook.

Rest of the world:

  • Brazil current account balance for November.

Corporate events:

  • Carnival, Nike, Blackberry, FedEx, General Mills earnings.

Wednesday, December 21

Europe:

  • Eurozone consumer confidence for December.
  • France producer price inflation for November.
  • Italy wages inflation for November.
  • UK public sector net borrowing for November.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Existing home sales for November.

Rest of the world:

  • Japan foreign bonds buying.

Corporate events:

  • Accenture, Micron earnings.

Thursday, December 22

Europe:

  • Germany import prices for November.
  • Italy industrial new orders for October.
  • UK current account, GDP data for the third quarter.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Durable goods orders for November.
  • Third-quarter GDP details.
  • House price index for October.
  • Core PCE price index for November.

Rest of the world:

  • Canada retail sales for October.
  • Canada consumer price inflation for November.

Corporate events:

  • ConAgra, Rite Aid earnings.

Friday, December 23

Europe

  • GfK German consumer climate for January.
  • French consumer spending for November.
  • UK third-quarter business investment.

US

  • New home sales for November.

Rest of the world:

  • Japan holiday — Emperor’s birthday.
  • Brazil consumer confidence for December.

Corporate events:

  • None of note.