Market moving info – week starting June 8, 2015

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 8.

Last week:

  • The European Central Bank (ECB) stands ready to boost its quantitative easing programme, ECB head Mario Draghi said as a second bond selloff started following higher than expected inflation data for the eurozone.
  • The US economy added more jobs than expected in May, when nonfarm payrolls posted a 280,000 increase versus expectations of about 236,000.

This week:

Monday, June 8

Europe:

  • Eurozone Sentix investor confidence for June.
  • Germany trade balance for April.
  • Germany industrial output data.
  • France business sentiment for May.
  • British Retail Consortium like-for-like sales for May.
  • Sweden SEB Housing price indicator.
  • Turkey results of the parliamentary elections held on Sunday.
  • Turkey industrial production data for April.
  • Czech Republic industrial production, unemployment, construction output data.
  • Hungary budget deficit, trade balance data.
  • Romania average net wages for April.

US:

  • Average monthly change in Fed labour market conditions index for May.

Rest of the world:

  • China trade balance for May.
  • Japan first-quarter GDP data.
  • Japan balance of payments data.
  • Canada housing starts for May.
  • Mexico domestic, foreign car sales, car production data.

Corporate events:

  • Drax Group PLC Trading Statement Release.
  • Q2 2015 Bio-Reference Laboratories Inc Earnings Release.
  • May 2015 McDonald’s Corp Corporate Sales Release.
  • Q1 2015 Sears Holdings Corp Earnings Release.
  • Q4 2015 H & R Block Inc Earnings Release.

Tuesday, June 9

Europe:

  • Eurozone first-quarter GDP, consumption, investment data.
  • European Central Bank council member Erkki Liikanen to speak.
  • Germany first-quarter labour costs.
  • France government balance for April.
  • Spain house transactions for April.
  • Netherlands industrial production for April.
  • Portugal trade balance.
  • Greece industrial production for April.
  • UK trade balance for April.
  • Czech Republic inflation data.
  • Hungary inflation data.
  • Bulgaria foreign trade balance.

US:

  • Small business NFIB optimism for May
  • JOLT job openings for April.
  • Wholesale inventories for April.

Rest of the world:

  • China consumer, producer price inflation for May.
  • Japan Manpower survey for the third quarter.
  • Japan consumer confidence for May.
  • Japanese producer prices.
  • Australia home loans value.

Corporate events:

  • Full Year 2014 Oxford Instruments PLC Earnings Release.
  • Full Year 2014/15 RPC Group PLC Earnings Release.
  • Q2 2015 Hovnanian Enterprises Inc Earnings Release.
  • Q1 2015 Burlington Stores Inc Earnings Release.

Wednesday, June 10

Europe:

  • France industrial production, current account data for April.
  • Italy industrial production for April.
  • Greece consumer price inflation for May.
  • UK Bank of England Governor Mark Carney and UK Finance Minister George Osborne speak at Mansion House.
  • UK industrial, manufacturing production for April.
  • UK NIESR GDP estimate for May.
  • Sweden industrial orders for April.
  • Turkey fourth-quarter GDP.
  • Romania foreign trade balance.
  • Slovakia industrial output for April.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Federal budget balance for June.

Rest of the world:

  • Japan second-quarter business conditions large firms.
  • Australia consumer confidence for June.
  • New Zealand interest rate.

Corporate events:

  • Q1 2016 Krispy Kreme Doughnuts Inc Earnings Release.
  • Q1 2015 Men’s Wearhouse Inc Earnings Release.

Thursday, June 11

Europe:

  • France nonfarm payrolls for May.
  • France consumer price inflation for May.
  • Portugal consumer price inflation.
  • Greece unemployment rate.
  • UK RICS house prices for May.
  • Sweden average house prices for May.
  • Sweden inflation rate for May.
  • Turkey current account balance for April.
  • Romania consumer price inflation for May.
  • Slovakia average monthly wages for April.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Retail sales for May.
  • Import prices for May.
  • Business inventories for April.
  • Household change in net worth for the first quarter.

Rest of the world:

  • China industrial production, fixed asset investment, retail sales for May.
  • Japan Tokyo average office vacancies for May.
  • Canada new housing prices.
  • Bank of Canada Governor Stephen Poloz speaks.
  • Australia unemployment rate for May.
  • South Africa mining gold production for April.

Corporate events:

  • Q1 2015/2016 Home Retail Group PLC Trading Statement Release.
  • Q1 2015 Destination Maternity Corporation Earnings Release.
  • Q1 2016 Cherokee Inc Earnings Release.
  • Q4 2015 Oculus Innovative Sciences Inc Earnings Release.

Friday, June 12

Europe

  • Eurozone industrial production for April.
  • Spain consumer price inflation for May.
  • UK construction output for May.
  • Swedish central bank meets.
  • Romania industrial production data for April.
  • Slovakia consumer price inflation for May.

US

  • Producer prices inflation for May.
  • University of Michigan confidence data for June.

Rest of the world:

  • Japan capacity utilisation, industrial production for April.
  • India consumer price inflation for May.
  • India industrial production for April.

Corporate events:

  • Q4 2015 Crown Crafts Inc Earnings Release.
  • Q4 2015 Synutra International Inc Earnings Release.