Market moving info – week starting January 2, 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 2.

Last week:          

  • The FTSE 100 ended 2016 at a record high 7,142.83. Mining companies have been the biggest winners and the FTSE 100 has benefitted from the fall in the pound after the Brexit vote because it has many international companies in it.

This week:

Monday, January 2

Europe:

  • Markets closed for New Year’s holiday.
  • Eurozone manufacturing PMI for December.

US:

  • Markets closed for New Year’s holiday.

Rest of the world:

  • China manufacturing PMI for December (released Sunday).
  • Brazil manufacturing PMI for December.
  • India manufacturing PMI for December.

Corporate events:

  • Tata Motors sales for December.

Tuesday, January 3

Europe:

  • Germany unemployment for December.
  • Germany consumer price inflation for December.
  • UK manufacturing PMI for December.

US:

  • ISM Manufacturing PMI for December.
  • Construction spending for December.

Rest of the world:

  • China Caixin manufacturing PMI for December.
  • Canada RBC manufacturing PMI for December.

Corporate events:

  • Gazprom, Trigano earnings.

Wednesday, January 4

Europe:

  • Eurozone services, composite PMI for December.
  • Eurozone consumer price inflation for December.
  • UK construction PMI for December.
  • Bank of England consumer credit, mortgage approvals for November.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • ADP nonfarm payrolls for December.

Rest of the world:

  • Japan manufacturing PMI for December.
  • Brazil services, composite PMI for December.

Corporate events:

  • Next Q4 sales, Ford sales for December.

Thursday, January 5

Europe:

  • Eurozone producer price inflation for November.
  • UK services PMI for December.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • ISM non-manufacturing PMI.
  • Challenger job cuts for December.

Rest of the world:

  • China Caixin services PMI.
  • Brazil industrial production for December.

Corporate events:

  • Air Berlin December traffic figures, Costain, Persimmon Q4 sales, Constellation Brands, Monsanto, Ruby Tuesday, Walgreens Boots Alliance earnings.

Friday, January 6

Europe

  • Eurozone business and consumer confidence for December.
  • Eurozone retail sales for November.
  • Germany factory orders for November.
  • France trade balance for November.

US

  • Nonfarm payrolls, unemployment, wage rises for December.

Rest of the world:

  • Australia trade balance for November.
  • Canada unemployment for December.
  • Canada Ivey PMI for December.
  • India bank deposit, loan growth.

Corporate events:

  • Fuji, Discovery Holdings earnings. easyJet sales for December.