Market moving info — week starting June 26, 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 June 26, 2017.

Last week:          

  • Negotiations on Britain’s withdrawal from the European Union started in Brussels amid warnings by both Chancellor of the Exchequer Philip Hammond and Bank of England Governor Mark Carney that a “soft” Brexit is needed in order to prevent a deep fall in living standards.

This week:

Monday, June 26

Europe:

  • Germany Ifo business climate indicator for June.
  • UK officially presents its proposal regarding the statute of EU citizens resident in Britain.

US:

  • Building permits for May.
  • Durable goods orders for May.
  • Chicago Fed national activity index.
  • Dallas Fed index.

Rest of the world:

  • Japan leading index for April.
  • Mexico unemployment for May.

Corporate events:

  • Lacroix SA, Schnitzer Steel earnings.

Tuesday, June 27

Europe:

  • Italy business, consumer confidence for June.

US:

  • S&P/Case-Shiller home price inflation for April.
  • US consumer confidence for June.
  • Richmond Fed index for June.

Rest of the world:

  • South Africa nonfarm payrolls for the first quarter.
  • Mexico trade balance for May.
  • Brazil current account balance for May.

Corporate events:

  • Carpetright, Petrofac, IHS Markit, Darden Restaurants, KB Home.

Wednesday, June 28

Europe:

  • Eurozone M3 money supply for May.
  • France consumer confidence for June.
  • Spain retail sales for May.
  • UK Nationwide house prices for June.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Pending home sales for May.

Rest of the world:

  • Brazil producer price inflation for May.

Corporate events:

  • Dixons Carphone, Stagecoach Group, Tullow Oil, General Mills, Monsanto earnings.

Thursday, June 29

Europe:

  • Eurozone consumer, economic confidence for June.
  • Germany GfK consumer confidence for July.
  • Bank of England mortgage approvals for May.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Agriculture prices for May.

Rest of the world:

  • Australia new home sales for May.
  • Japan trade balance for May.
  • Japan retail sales for May.
  • Canada average weekly earnings for April.

Corporate events:

  • Capelli, Greene King, H&M, Purplebricks Group, Walgreens, Rite-Aid, ConAgra, Nike, Micron earnings.

Friday, June 30

Europe

  • Eurozone inflation for June.
  • Germany retail for May.
  • Germany unemployment for June.
  • France consumer for May.
  • UK GfK consumer confidence for June.

US

  • Core PCE inflation for May.
  • Personal consumption, income for May.
  • Chicago PMI for June.
  • Michigan Sentiment for June.

Rest of the world:

  • China official services PMI for June.
  • Japan consumer price inflation for May.
  • Japan unemployment, real wages for May.
  • Japan industrial production for May.
  • Australia private sector credit for May.

Corporate events:

  • HORNBACH Holding AG, TLA Worldwide earnings.