Market moving info — week starting January 16, 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 January 16.

Last week:          

  • Default rates on unsecured debt such as loans and overdrafts increased in the last three months of the year, data from the Bank of England show. The total level of unsecured debt has been rising at the fastest pace in 11 years.

This week:

Monday, January 16

Europe:

  • Eurozone trade balance for November.
  • IMF to release updated World Economic Outlook.
  • UK Rightmove house prices for December.

US:

  • Holiday — Martin Luther King day.

Rest of the world:

  • Japan core machinery orders for November.

Corporate events:

  • None of note.

Tuesday, January 17

Europe:

  • World Economic Forum starts in Davos.
  • Eurozone ZEW economic sentiment.
  • Germany ZEW economic sentiment for January.
  • UK consumer price inflation for December.

US:

  • NY Empire State Manufacturing Index for January.

Rest of the world:

  • Australia home loans for November.
  • Japan industrial production for November.

Corporate events:

  • IHS Markit, Morgan Stanley, United Continental, UnitedHealth Group earnings.

Wednesday, January 18

Europe:

  • Eurozone consumer price inflation for December.
  • Germany consumer price inflation for December.
  • UK average earnings for November.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Consumer price inflation for December.
  • Industrial production for December.
  • NAHB Housing Market Index for January.
  • Beige Book.

Rest of the world:

  • Bank of Canada interest rate decision.
  • South Africa consumer price inflation for December.

Corporate events:

  • Citigroup, Goldman Sachs, Netflix earnings.

Thursday, January 19

Europe:

  • ECB interest rate decision, Mario Draghi news conference.
  • Eurozone current account balance, net investment for November.
  • UK RICS house prices balances for December.
  • Last day of Davos meetings.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Building permits, housing starts for December.
  • Philadelphia Fed Manufacturing Index for January.

Rest of the world:

  • Australia unemployment for December.
  • China house prices for December.
  • Canada manufacturing sales for November.

Corporate events:

  • American Express, Bank of New York Mellon, Key Corp, IBM earnings.

Friday, January 20

Europe

  • Germany producer price inflation for December.
  • UK retail sales for December.

US

  • Inauguration of President Donald Trump.

Rest of the world:

  • China fourth-quarter GDP.
  • China industrial production for December.
  • China retail sales for December.
  • Australia new home sales month on month.
  • Canada consumer price inflation for December.
  • Canada retail sales for November.

Corporate events:

  • General Electric earnings.