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 July 10, 2017.
Last week:
- The US economy created more jobs than expected, with 222,000 new positions in June compared with expectations of 178,000. But wage growth was tepid, at just 2.5%.
This week:
Monday, July 10
Europe:
- Eurogroup meeting of eurozone finance ministers.
- Eurozone sentix sentiment index for July.
- Eurozone trade balance for May.
- Germany trade balance for May.
US:
- Consumer credit for May.
Rest of the world:
- China new yuan loans for June.
- Japan new machinery orders for May.
Corporate events:
- Centamin, Falanx, WD-40, Barracuda Networks earnings.
Tuesday, July 11
Europe:
- UK BRC retail sales for June.
US:
- NFIB small business index for June.
- JOLTS job openings for May.
- Wholesale trade for May.
Rest of the world:
- Australia business confidence for June.
- Australia housing finance for May.
- Canada housing starts for June.
Corporate events:
- Gateley, Ilika, Kaufman & Broad, Pepsico earnings.
Wednesday, July 12
Europe:
- EU-Ukraine summit in Kyiv.
- Eurozone industrial production for May.
- UK unemployment for May.
- Russia trade balance for May.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
Rest of the world:
- China foreign direct investment for June.
- Canada interest rate decision.
- Brazil retail sales for May.
- Mexico industrial production for May.
Corporate events:
- Ahlers, CropEnergies, The Fulham Shore, Hochschild Mining, Micro Focus International, Fastenal earnings.
Thursday, July 13
Europe:
- UK RICS house price balance for June.
US:
- Weekly natural gas inventories.
- Weekly jobless claims.
- Producer price inflation for June.
- Treasury budget for June.
Rest of the world:
- China trade balance for June.
- Japan retail sales for May.
- Canada new home price index for May.
Corporate events:
- Dart Group, InVision, Sudzucker, AGRANA Beteiligungs, Gerresheimer, Commerce Bancshares earnings.
Friday, July 14
Europe
- Eurozone trade balance for May.
US
- Consumer price inflation for June.
- Retail sales for June.
- Industrial production for June.
- Michigan sentiment for July (preliminary).
Rest of the world:
- Japan industrial production for May.
Corporate events:
- Allianz Technology Trust, Workspace Group, Wolford AG, Infosys, JPMorgan Chase, Wells Fargo, Citigroup earnings.