Market moving info — week starting March 27, 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 March 27.

Last week:          

  • UK inflation jumped to 2.4% in February from 1.8% in January, exceeding the Bank of England’s 2% target.
  • US President Donald Trump withdrew his healthcare bill, which was meant to replace Obamacare, because it was not passed in Congress. Repealing Obamacare was one of his main election campaign pledges.

This week:

Monday, March 27

Europe:

  • Eurozone money supply M3 for February.
  • Eurozone private sector loans.
  • German Ifo Business Climate Index for March.

US:

  • Chicago Fed president Evans speaks.

Rest of the world:

  • South Korea fourth quarter GDP.

Corporate events:

  • SQL Ingenierie SA, YouGov Plc. earnings.

Tuesday, March 28

Europe:

  • French consumer spending for February.

US:

  • Trade balance for February.
  • S&P/CS HPI Composite – January.
  • Consumer confidence for March.
  • FOMC member Kaplan speaks.

Rest of the world:

  • Bank of Canada governor Poloz speaks.
  • Japan retail sales for February.

Corporate events:

  • Carnival, Italcementi, Wolseley, McCormick, Darden Restaurants earnings.

Wednesday, March 29

Europe:

  • UK to notify the EU of its intention to leave.
  • Italian consumer confidence for March.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Pending Home Sales for February.

Rest of the world:

  • Brazil bank lending for February.

Corporate events:

  • Conwert Immobilien, Paychex earnings.

Thursday, March 30

Europe:

  • Eurozone business climate indicator for March.
  • UK GfK consumer confidence for March.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.

Rest of the world:

  • Australia new home sales for February.
  • Brazil retail sales for January.
  • Japan household spending for February.

Corporate events:

  • Alpha Bank, H&M earnings.

Friday, March 31

Europe

  • Eurozone consumer price inflation for March.
  • Germany retail sales for February.
  • French consumer spending for March.
  • German unemployment for March.
  • UK Nationwide home prices for March.

US

  • Core PCE price index for February.
  • FOMC Member Kashkari speaks.
  • Chicago PMI for March.
  • Michigan consumer expectations for March.

Rest of the world:

  • China manufacturing PMI for March.
  • Australia housing credit for February.

Corporate events:

  • Capital Stage AG, CVS Group Plc, Pantheon Resources Plc earnings.