Market moving info – week starting January 9, 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 9.

Last week:          

  • US wages expanded by 2.9% year on year in December, the fastest pace since the financial crisis. Nonfarm payrolls came in below expectations. The world’s largest economy created 156,000 new jobs in December compared with expectations of 175,000.

This week:

Monday, January 9

Europe:

  • Eurozone sentix investor confidence for January.
  • Eurozone unemployment for November.
  • Germany industrial production for November.
  • Germany trade balance for January-November.
  • UK Halifax house prices for December.

US:

  • Consumer credit for November.

Rest of the world:

  • China consumer price inflation for December.
  • Australia building approvals for November.

Corporate events:

  • Air France, American Airlines, Spirit Airlines, United Continental December sales figures. Ludwig Beck, Ferrexpo Q4 sales and revenues.

Tuesday, January 10

Europe:

  • France industrial production for November.
  • British Retail Consortium retail monitor.

US:

  • JOLTS job openings for November.

Rest of the world:

  • Australia retail sales for November.
  • Canada building permits for November.
  • Brazil retail sales for November.

Corporate events:

  • Boohoo.com third quarter trading update. Metro AG, WM Morrisons December trading update.

Wednesday, January 11

Europe:

  • Spain industrial production for November.
  • UK industrial, manufacturing production for November.
  • UK trade balance for November.

US

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

Rest of the world:

  • Canada housing starts for December.
  • Brazil consumer price inflation for December.
  • Brazil central bank interest rate decision.

Corporate events:

  • Jetblue December sales update. Shoe Zone Q4 earnings. Tullow Oil Q4 sales and revenue release. Sainsbury’s Q3 sales and revenue release. Taylor Wimpey Q4 sales and revenue release. KB Home Q4 earnings.

Thursday, January 12

Europe:

  • Eurozone industrial production for November.
  • ECB publishes account of monetary policy meeting.
  • France consumer price inflation for December.
  • Italy industrial production for November.
  • Greece unemployment for October.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Export, import prices.
  • Federal budget balance for December.

Rest of the world:

  • China trade balance for December.

Corporate events:

  • AO World, ASOS, Booker Group, Debenhams, Marks&Spencer, Moss Bros, Mothercare, Tesco, Associated British Food trading updates. Barratt Developments Q2 trading update.

Friday, January 13

Europe

  • Spain consumer price inflation for December.

US

  • Retail sales for December.
  • Producer price inflation for December.
  • Business inventories for November.
  • Michigan consumer expectations for January.

Rest of the world:

  • Singapore fourth-quarter GDP.

Corporate events:

  • Bang & Olufsen earnings. Bovis Homes Q4 trading update.