Market moving info — week starting July 10, 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 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.