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 May 15, 2017.
Last week:
- A massive ransomware attack took place in around 70 countries, with computers locked by malicious software requesting $300 in bitcoin to release them.
This week:
Monday, May 15
Europe:
- Portugal first-quarter GDP.
- Greece first-quarter GDP.
US:
- Empire state index for May.
- NAHB Housing Market Index for May.
Rest of the world:
- China fixed investment for April.
- China industrial production, retail sales for April.
- Australia housing finance for March.
Corporate events:
- ICAP, Lonmin, Porsche, RWE, TUI earnings.
Tuesday, May 16
Europe:
- Eurozone first-quarter GDP (second reading).
- Eurozone trade balance for March.
- Germany ZEW economic sentiment for May.
- Netherlands first-quarter GDP data.
- Italy first-quarter GDP data.
- UK consumer price inflation for April.
- UK ONS house prices March.
US:
- Housing starts, building permissions for April.
- Industrial production for April.
Rest of the world:
- Australia new car sales for April.
- Japan retail sales for March.
Corporate events:
- Lenzing, Vodafone, Manchester United, Home Depot, Staples, Urban Outfitters earnings.
Wednesday, May 17
Europe:
- Austria consumer price inflation for April.
- Italy trade balance for March.
- UK unemployment for March.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
Rest of the world:
- Russia first-quarter GDP.
- Japan industrial production for March.
Corporate events:
- British Land, Brewin Dolphin, Dexia, Premier Oil, ABN Amro, Raiffeisenbank International, Bouygues, Cisco Systems, L Brands, Target, earnings.
Thursday, May 18
Europe:
- France unemployment for the first quarter.
- UK retail sales for April.
US:
- Weekly natural gas inventories.
- Weekly jobless claims.
- Philadelphia Fed Index for May.
- Leading Indicators for April.
Rest of the world:
- Japan first-quarter GDP.
- Australia unemployment for April.
- Mexico central bank interest rate decision.
Corporate events:
- Balfour Beatty, Bloomsbury Publishing, Burberry, Investec, Royal Mail, Thomas Cook, Pirelli, Iliad, Applied Materials, Autodesk, GAP, Ralph Lauren, Walmart earnings.
Friday, May 19
Europe
- Eurozone current account balance for April.
- Eurozone consumer confidence for May.
- Germany producer prices for April.
US
- Baker Hughes ring count.
Rest of the world:
- Canada consumer price inflation for April.
Corporate events:
- Euronext, Hikma Pharmaceuticals, Campbell Soup, Deere, Foot Locker, earnings.