Market moving info – week starting March 6, 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 6.

Last week:          

  • Fed Chair Janet Yellen said the central bank could raise interest rates at its meeting this month and said the Fed might hike rates more quickly than in the past couple of years.

This week:

Monday, March 6

Europe:

  • Eurozone Sentix investor confidence for March.

US:

  • Factory orders for January.

Rest of the world:

  • Brazil Markit services PMI for February.
  • Japan foreign reserves for February.

Corporate events:

  • BB Biotech, Thor Industries, US Auto Parts earnings.

Tuesday, March 7

Europe:

  • Germany factory orders for January.
  • British Retail Consortium retail sales monitor for February.
  • UK Halifax house price index for February.

US:

  • Trade balance for January.

Rest of the world:

  • China foreign exchange reserves for February.
  • Reserve Bank of Australia interest rate decision.
  • Canada trade balance for January.
  • Canada Ivey PMI for February.

Corporate events:

  • Zumtobel, Casino Guichard, Dick’s Sporting Goods, Urban Outfitters earnings.

Wednesday, March 8

Europe:

  • UK Spring Budget.
  • Germany industrial production for January.
  • Spain industrial production for January.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.

Rest of the world:

  • China trade balance for February.
  • Brazil industrial production for January.
  • Canada housing starts, building permits for February.

Corporate events:

  • Verbund, adidas, Beiersdorf, Deutsche Post, Lagardere, United Natural Foods, Black Rock Capital earnings.

Thursday, March 9

Europe:

  • ECB monetary policy meeting.
  • EU heads of state summit (to Friday).
  • UK RICS house price balance for February.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • ADP employment change for February.
  • Export, import prices for February.

Rest of the world:

  • China consumer, producer price index for February.
  • Australia home loans for January.

Corporate events:

  • Uniqa, H. Boss, Carrefour, Linde, Merck KGaA, Axel Springer, Staples, Embraer, Ulta Beauty earnings.

Friday, March 10

Europe

  • France industrial production for January.
  • Spain retail sales for January.
  • UK industrial, manufacturing production for January.

US

  • Nonfarm payrolls, unemployment for February.

Rest of the world:

  • Canada unemployment for February.
  • India industrial production for January.
  • Brazil consumer price inflation for February.

Corporate events:

  • FIT Biotech, JD Wetherspoon, Vail Resorts earnings.