Market moving info — week starting May 29, 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 May 29, 2017.

Last week:          

  • US economic growth data was revised to 1.2% in the first quarter from a previous estimate of 0.7%.
  • Around 24% of the electricity generated in the UK came from solar energy on Friday, a day of warm weather and clear, sunny skies.

This week:

Monday, May 29

Europe:

  • ECB President Mario Draghi testifies to European Parliament committee.
  • Eurozone money supply for April.

US:

  • Memorial Day holiday, markets closed.

Rest of the world:

  • Israel interest rate decision.

Corporate events:

  • Hornbach, Generix earnings.

Tuesday, May 30

Europe:

  • Eurozone business climate, consumer confidence for May.
  • France consumer confidence for May.

US:

  • Personal Consumption Expenditure for April.
  • Consumer confidence for May.
  • S&P/Case-Shiller Comp. 20 HPI for March.
  • Dallas Fed index for March.

Rest of the world:

  • Australia building approvals for April.
  • Canada current account balance for the first quarter.
  • Japan unemployment for April.

Corporate events:

  • Immofinanz, Ryanair, Teixeira Duarte, Bank of Nova Scotia earnings.

Wednesday, May 31

Europe:

  • Eurozone inflation for May.
  • Eurozone unemployment for April.
  • Germany retail sales for April.
  • UK BRC Shop Price Index for May.
  • GfK Consumer Confidence for May.
  • Bank of England mortgage approvals data for April.

US

  • Weekly mortgage applications data from the Mortgage Bankers Association.
  • Weekly crude inventories.
  • Chicago PMI for May.
  • Pending home sales for April.

Rest of the world:

  • India first-quarter GDP.
  • Japan industrial production for April.
  • Canada services PMI for May.
  • Australia private sector credit for April.
  • Brazil unemployment for April.

Corporate events:

  • Conwert Immobilien, BB Biotech, Metro, Hewlett Packard, Michael Kors Holdings, Analog Devices earnings.

Thursday, June 1

Europe:

  • Eurozone Markit PMI Manufacturing for May (final).
  • UK CIPS Manufacturing PMI for May.

US:

  • Weekly natural gas inventories.
  • Weekly jobless claims.
  • Challenger job cuts for May.
  • ADP employment survey for May.
  • ISM Manufacturing for May.

Rest of the world:

  • China Caixin PMI Manufacturing for May.
  • Australia retail sales for April.
  • Brazil Markit PMI Manufacturing for May.

Corporate events:

  • Voestalpine, Johnson Matthey, Fujifilm Holdings, Broadcom earnings.

Friday, June 2

Europe

  • Spain unemployment for May.
  • UK CIPS construction PMI for May.

US

  • Nonfarm payrolls, unemployment, wages for May.
  • Trade balance for April.

Rest of the world:

  • Japan consumer confidence for May.
  • Canada trade balance for April.

Corporate events:

  • FirstGroup, voestalpine, Laurent-Perrier earnings.