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 5, 2017.
Last week:
- Nonfarm payrolls disappointed in May, when the US economy created just 138,000 compared with expectations of 185,000.
This week:
Monday, June 5
Europe:
- Eurozone Markit services, composite PMI for May.
- Sentix economic index for June.
- UK services PMI for May.
US:
- Durable goods orders for April.
- ISM non-manufacturing PMI for May.
- Labour market conditions for May.
Rest of the world:
- China Caixin services PMI for May.
- Japan services PMI for May.
- Reserve Bank of Australia interest rate decision.
Corporate events:
- JinkoSolar Holding, Casey’s General, Thor Industries earnings.
Tuesday, June 6
Europe:
- OECD Economic Outlook in Paris, France.
- Eurozone retail sales for April.
- Germany construction PMI for May.
- UK RICS house prices balance.
US:
- JOLTS job openings for April.
Rest of the world:
- Canada Ivey PMI for May.
Corporate events:
- AO World, United Natural Foods earnings. British Airways parent IAG releases traffic data for May.
Wednesday, June 7
Europe:
- Germany manufacturing orders for April.
- Spain industrial production for April.
- Italy retail sales for April.
- UK Halifax house prices for May.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
- Consumer credit for April.
Rest of the world:
- Australia first-quarter GDP.
- Reserve Bank of India repo rate.
Corporate events:
- Ramsdens Holdings, Shoe Zone, Workspace Group, Brown-Forman earnings.
Thursday, June 8
Europe:
- UK general election.
- European Central Bank monetary policy meeting in Talinn, Estonia.
- Germany industrial production for April.
US:
- Weekly natural gas inventories.
- Weekly jobless claims.
Rest of the world:
- Japan first-quarter GDP (final).
- Canada housing starts for May.
- Canada new home prices for April.
Corporate events:
- Auto Trader Group, Flybe Group, Heidelberger Druckmaschinen, Remy Cointreau, J.M. Smucker, Vail Resorts earnings.
Friday, June 9
Europe
- Germany trade balance for April.
- France industrial production for April.
- UK industrial production for April.
- UK trade balance for April.
US
- Wholesale inventories for April.
Rest of the world:
- China consumer, producer prices for May.
- Australia housing finance for April.
- Canada unemployment for May.
- Japan housing starts for May.
Corporate events:
- Fuller, Smith & Turner, IKB Deutsche Industriebank, Ferrellgas Partners earnings.