Market moving info – week starting March 23, 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 March 23.

Last week:

  • The Federal Reserve removed the word “patient” from its statement on monetary policy but hinted that an interest rate rise was still a way off. This was a more dovish statement than expected. Emerging market currencies are the ones that would suffer most when the Fed raises rates.
  • UK Chancellor George Osborne unveiled a budget with less austerity and more giveaways ahead of the May election.

This week:

Monday, March 23

Europe:

  • ECB President Mario Draghi speaks in the European Parliament.
  • Eurozone consumer confidence indicator for March.
  • Greece current account data.
  • Confederation of British Industries selling prices for the next three months.
  • Turkey consumer confidence for March.

US:

  • Cleveland Fed President Loretta Mester and Bank of France Governor Christian Noyer speak.
  • Fed Vice Chair Stanley Fischer speaks.
  • Chicago Fed national activity index.
  • Existing homes sales for February.

Rest of the world:

  • Bank of Israel interest rate decision.
  • Mexico fourth-quarter aggregate supply and demand.
  • Taiwan unemployment, industrial production, retail sales for February.

Corporate events:

  • Preliminary 2014 SVG Capital Earnings Release.
  • Pennon Group PLC Pre-Close Trading Statement Release.
  • Q4 2014 Talanx AG Earnings Release.
  • Full Year 2014 Nordex SE Earnings Release.
  • Q4 2014 Akers Biosciences Inc Earnings Release.
  • Q4 2014 Digital Ally Inc Earnings Release.
  • Q4 2014 Coherus BioSciences Inc Earnings Release.

Tuesday, March 24

Europe:

  • Eurozone composite, services, manufacturing PMI for March.
  • ECB Vice President Vitor Constancio takes part in panel.
  • Germany composite, services, manufacturing PMI for March.
  • France composite, services, manufacturing PMI for March.
  • Italy hourly wages data.
  • Belgium business confidence data.
  • UK consumer, producer prices for February.
  • UK Dept for Communities and Local Government House Prices.
  • Turkish central bank minutes of March monetary meeting.
  • Czech Republic business, consumer confidence.
  • Hungary monetary policy rate.
  • Romania non-government credit for February.

US:

  • Louis Fed President James Bullard speaks.
  • Consumer price inflation for February.
  • House price purchase index for January.
  • New home sales for February.

Rest of the world:

  • China HSBC manufacturing PMI flash estimate for March.
  • Japan manufacturing PMI.
  • Japan small business confidence for March.
  • Japan services producer prices.
  • South Africa fourth quarter number of employees in non-agricultural sectors.
  • Brazil federal public debt for February.

Corporate events:

  • Full Year 2014 A.G.Barr PLC Earnings Release.
  • Full Year 2014 Spire Healthcare Group PLC Earnings Release.
  • Full Year 2014 Faroe Petroleum PLC Earnings Release.
  • Q4 2014 Fuchs Petrolub SE Earnings Release.
  • Q4 2014 DAB Bank AG Earnings Release.
  • Full Year 2014 Biotest AG Earnings Release.
  • Q1 2015 IHS Inc Earnings Release.
  • Q1 2015 McCormick & Company Inc Earnings Release.

Wednesday, March 25

Europe:

  • Germany Ifo business climate, expectations for March.
  • France business confidence for February.
  • France production outlook.
  • France total jobseekers for February.
  • Spanish producer prices for February.
  • Austria industrial production.
  • British Bankers Association loans for house purchases.
  • Turkey industrial confidence for March.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Durable goods data for February.

Rest of the world:

  • Australian central bank publishes financial stability report.
  • Brazil current account data for February.
  • China Westpac MNI consumer sentiment.

Corporate events:

  • Full Year 2014 Card Factory PLC Earnings Release.
  • Half Year 2015 Bellway PLC Earnings Release.
  • Topps Tiles PLC Pre-Close Statement Release.
  • Full Year 2014 Balfour Beatty PLC Earnings Release.
  • United Utilities Group PLC Pre-Close Trading Statement Release.
  • Full Year 2014 Stroeer Media SE Earnings Release.
  • Q4 2014 LEG Immobilien AG Earnings Release.
  • TUI AG Pre-Close Trading Update.
  • Full Year 2014 DBV Technologies SA Earnings Release.
  • Q2 2014/2015 Trigano SA Corporate Sales Release.
  • Q4 2014 Eurocastle Investment Ltd Earnings Release.
  • Q4 2014 REX American Resources Corp Earnings Release.
  • Q4 2014 PVH Corp Earnings Release.
  • Q4 2015 Red Hat Inc Earnings Release.
  • Q3 2015 Worthington Industries Inc Earnings Release.

Thursday, March 26

Europe:

  • Eurozone M3 money supply data for February.
  • Germany GfK April consumer confidence.
  • France fourth-quarter GDP.
  • Spain mortgages for January.
  • Netherlands fourth-quarter GDP.
  • UK retail sales for February.
  • Confederation of British Industries reported sales for March.
  • Sweden household lending for February.
  • Czech central bank monetary policy meeting.
  • Hungary current account for the fourth quarter.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Kansas City Fed Composite Index.

Rest of the world:

  • Japan household spending for January.
  • Japan national, Tokyo consumer price index.
  • Japan unemployment rate.
  • South Africa central bank monetary policy meeting.
  • Brazil unemployment rate for February.
  • Bank of Mexico monetary policy statement, official rate.

Corporate events:

  • Half Year 2015 Daily Mail and General Trust PLC Pre-Close Trading Update Release.
  • easyJet plc Pre-Close Trading Statement Release.
  • Euromoney Institutional Investor PLC Pre-Close Trading Statement Release.
  • Q4 2014 ZEAL Network SE Earnings Release.
  • Full Year 2014 Pfeiffer Vacuum Technology AG Earnings Release.
  • Q4 2014 Generali Deutschland Holding AG Earnings Release.
  • Q4 2014 Paul Hartmann AG Earnings Release.
  • Q4 2014 Jenoptik AG Earnings Release.
  • Full Year 2014 Deutsche Wohnen AG Earnings Release.
  • Q4 2014 Telefonica Deutschland Holding AG Earnings Release.
  • Q4 2014 GSW Immobilien AG Earnings Release.
  • Full Year 2014 Fromageries Bel SA Earnings Release.
  • Q3 2015 ConAgra Foods Inc Earnings Release.
  • Q2 2015 Winnebago Industries Inc Earnings Release.
  • Q4 2014 Oxford Industries Inc Earnings Release.

Friday, March 27

Europe

  • France consumer confidence overall indicator.
  • Italy industrial orders for January.
  • Italy retail sales.
  • Norway unemployment rate.
  • Sweden retail sales for February.
  • Hungary unemployment rate.
  • Bulgaria gross external debt.

US

  • Third estimate of fourth-quarter GDP.
  • University of Michigan confidence data for March.

Rest of the world:

  • Brazil consumer confidence.
  • Brazil fourth-quarter GDP.
  • Mexico unemployment for February.
  • Mexico trade balance.
  • China industrial profits for February.

Corporate events:

  • Q1 2015 Carnival PLC Earnings Release.
  • Q3 2015 Hella KGaA Hueck & Co Earnings Release.
  • Q4 2014 Gelsenwasser AG Earnings Release.
  • Q4 2015 Finish Line Inc Earnings Release.