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.