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 3, 2017.
Last week:
- The savings ratio in the UK fell to a record low 1.7% in the first quarter, from 3.3% in the fourth quarter of 2016.
This week:
Monday, July 3
Europe:
- Eurozone Markit manufacturing PMI for June (final).
- Eurozone unemployment for May.
- UK CIPS manufacturing PMI for June.
- Swedish central bank monetary policy meeting.
- Romania interest rate decision.
US:
- ISM manufacturing PMI for June.
- Auto sales for June.
Rest of the world:
- Australia central bank monetary policy meeting.
- Australia building approvals for May.
- China Caixin manufacturing PMI for June.
- Japan Markit manufacturing PMI for June (final).
Corporate events:
- Carnival earnings.
Tuesday, July 4
Europe:
- Spain unemployment change for June.
- UK CIPS construction PMI for June.
US:
- Independence Day holiday.
Rest of the world:
- Australia retail sales for May.
- Brazil industrial production for May.
Corporate events:
- Imagination Technologies, Solid State, earnings. J Sainsbury sales and revenue.
Wednesday, July 5
Europe:
- Eurozone Markit composite, services PMI for June (final).
- Eurozone retail sales for May.
- UK CIPS services PMI for June.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
- FOMC minutes.
Rest of the world:
- China Caixin services PMI for June.
- Japan services PMI for June.
Corporate events:
- International Consolidated Airlines Group, Persimmon, sales and revenue. Ocado earnings.
Thursday, July 6
Europe:
- Eurozone retail PMI for June.
- Greece unemployment for April.
US:
- Weekly natural gas inventories.
- Weekly jobless claims.
- Challenger layoffs for June.
- ADP unemployment private sector for June.
- Trade balance for May.
- ISM non-manufacturing PMI for June.
Rest of the world:
- Australia trade balance for May.
- Canada building permits for May.
- Canada trade balance for May.
Corporate events:
- Associated British Foods, Air Berlin, Sodexo sales and revenue update.
Friday, July 7
Europe
- Germany industrial production for May.
- France industrial production for May.
- Spain industrial production for May.
- UK Halifax house price for June.
- UK industrial production for May.
- UK trade balance for May.
US
- Nonfarm payrolls for June.
Rest of the world:
- Japan trade balance for June.
- Brazil inflation for June.
- Canada unemployment for June.
- Canada Ivey PMI for June.
Corporate events:
- Dunelm Group, Van de Velde sales and revenue update.